Corporate investor
Sarona Asset Management Inc.
Sarona Asset Management Inc. is a private equity firm based in Canada, focused on investments in emerging and frontier markets. Founded in 1953, Sarona targets small to medium-sized companies in Africa, Latin America, and Asia, with a particular emphasis on sectors that cater to the growing middle class. The firm operates as a fund-of-funds and works closely with local investment funds to drive financial returns alongside measurable social and environmental impact. Sarona seeks to leverage its investment strategies to support economic development, promote sustainability, and empower communities across its target regions. Sarona is committed to generating strong risk-adjusted returns while adhering to environmental, social, and governance (ESG) principles.
Investment focus
- Sectors
- Energy and powerSMEs
- Stages and strategies
- GrowthFund investmentsBuyout
- Regions
- Northern Africa, Eastern Africa, Western Africa, Central Africa, Southern Africa
Funds managed
- Sarona Frontier Markets Fund 2 LP 2014 $150m
Fund commitments
- Mediterra Capital Partners I, LP
- Pera Capital Partners Fund I L.P.
- Renewable Energy Asia Fund I
- Kandeo II
- Metier Capital Growth Fund II (MCGF II)
- Ambit Pragma II
- APIS Growth Fund I LP
- Ignia Fund I
- Oria Tech Secundario I
- Mekong Enterprise Fund IV
- DGF Fipac II
- GEF South Asia Growth Fund
- GEF South Asia Growth Fund III
- Proventus I-B
- Kandeo I
- L Catterton III
- Innova VI
- Oria Tech III
- Mediterrania Capital Partners III
- Verod Capital Growth Fund II
- Gaja Capital IV
- Mediterrania Capital Partners II
- Mekong Enterprise Fund III (MEF III)
- AfricInvest Fund III
- Creador II
- Sarona Global Growth Markets PE Fund 2-B LP
- Archipelago II
- Alta Growth II
- Fanisi Venture Capital Fund I
- AfricInvest Fund II
- South Asia Clean Energy Fund
Sources
- Partner Researchers, accessed 14 November 2026
- Partner Researchers, accessed 14 November 2026