The SARONA ASSET MANAGEMENT INC. is a privately held investment adviser that advises $376.01mn in regulatory assets under management held in 1 SEC fund types across 2 investment strategies. SARONA ASSET MANAGEMENT INC. is a Private Fund A private fund manager is a manager whose >=75% of total assets under management are in private funds (privately offered pooled vehicles for accredited or qualified investors, generally accessed through placements with higher minimums, restricted eligibility, and negotiated terms) Manager. Assets increased by 24.25% over the last 5-years.
The Group has been registered with the SEC for 14.22 years and is comprised of 1 filing and 0 relying advisers. They operate out of 5 office locations with their Headquarters at THE CATALYST COMMONS, 210-137 GLASGOW STREET ONTARIO, KITCHENER, -. The Group has not been subject to regulatory enforcement actions. They are regulated by 5 US and Non-US bodies.
They have 27 employees comprised of 13 investment and 14 non-investment staff. The total number of Employees increased by 92.86% over the last 5-years.
Their $376.01mn in assets advised are owned by 10 private funds, 0 public funds and BDCs and 1 other account. Assets of Pooled Investment Vehicles (Not IC or BDC) clients own $212.23mn or 56.44% of Total Assets and Sovereign Wealth Funds and Foreign Official Institutions own $163.78mn or 43.56% of Total Assets.
The Group's top investment strategies include Traditional LBO and Frontier Markets, representing 50.67% and 49.33% of total assets, respectively.
They advise 2 types of clients, top clients are Pooled Investment Vehicles (Not IC or BDC) and Sovereign Wealth Funds and Foreign Official Institutions.
The Group uses 2 Fund Administrators, 1 Fund Auditors, 0 Prime Brokers, 2 Custodians and 1 Marketers. It does not report a third-party Fund Administrator in 0 private funds with $0 in assets.
The Group discloses management fees and performance-based fees.
SARONA ASSET MANAGEMENT INC. names 0 sub-advisers to 0 different funds advised by the group. The Group has been named as the sub-adviser to 0 funds.