Sarona Asset Management completed the 2011 series offering of its Sarona Frontier Markets Fund I on Jan. 31, 2011. The firm has closed the fund with about $22 million in investor commitments.
The fund offers investors an aggressive strategy of financial, social and environmental targets in developing country markets. The portfolio has already invested in six funds, and in turn 42 companies.
Click here for the release from Canada Newswire.