WATERLOO, ON, June 14, 2011 /CNW/ - Sarona Asset Management has today
been named to the ImpactAssets 50 - a global index of the top 50
private investment managers that deliver social and environmental value
in addition to financial returns. Sarona was recognized for its success
in bridging the gap between private capital and the impact investment
opportunities in frontier markets.
Inclusion in the ImpactAssets 50 list speaks to Sarona's commitment to
building a world where all capital is invested for optimal financial,
social, and environmental impact. It also highlights Sarona's
transparency in reporting its impact investing performance indicators
to its investors and the public.
ImpactAssets 50 is part of a broader initiative by the Cordes and
Calvert foundations to create a comprehensive impact investment
platform, unleashing $2 billion of new capital to help solve the
world's most pressing challenges by 2016.
"We invest in companies that not only serve the demands of the rapidly
growing middle class in developing countries, but also seek to be
leaders in how they deal with people and the environment," says Gerhard
Pries, President of Sarona. "This is the best of both worlds - stellar
financial returns, together with ethical, social and environmental
Sarona Asset Management is based in Waterloo, ON, and is a co-founder
and/or manager of a number of impact investment funds, including the
Sarona and MicroVest groups of funds. Together, these funds have over
$180 million in assets under management in emerging and developing
country markets around the world.
SOURCE Sarona Asset Management Inc.
For further information:
Sarona Asset Management