Sarona Asset Management, a Canadian firm that invests in developing markets, has established a presence in Europe by opening of an office in Amsterdam and has appointed Vivina Berla as a senior partner and European managing director.
Berla has over 15 years experience in institutional and alternative asset management working for Merrill Lynch and Gartmore Investment Management in London. She will contribute to the future growth of Sarona, the formulation and implementation of its strategy, and have a particular role to play in Europe, Middle East and Africa. She will also become a member of the investment committee.
Gerhard Pries, a managing partner of the firm, said, “Strengthening Sarona’s presence in Europe means that we can facilitate greater dialogue with investors and industry professionals around deploying greater amounts of capital into small and mid-market companies within frontier markets.
“With Vivina’s experience and passion for private equity in emerging economies, Sarona is confident it will attract greater interest to invest in regions, sectors and companies that will provide attractive market rate returns, as well as support local communities and protect the environment,” he added.
Sarona is a co-founder and manager of a number of impact investment funds, including the Sarona and MicroVest groups of funds. Together, they represent over $180m in assets under management in emerging and developing country markets globally.
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