MEDA Convention 2014 - Saturday, November 8, 7:30 am
Impact investing has become the latest hot topic in the investment world. Gerhard Pries and Katie Turner will look at this trend and ask whether it has the potential to change the world. MEDA and Sarona have been leaders in the field and have recently launched an initiative linking investment with mentoring and technical assistance to grow small and mid-sized businesses in Africa, Asia and Latin America. They will highlight the difference these investments make in the lives of customers, employees and suppliers – stories of increased human dignity.
Gerhard Pries, managing partner, Sarona Asset Management Inc.
Gerhard Pries is managing partner of Sarona Asset Management, a private equity firm related to MEDA that invests in small to mid-market companies in frontier and emerging markets. Sarona manages both direct investment funds and funds-of-funds for family and institutional investors, targeting both strong financial returns and positive ethical, social and environmental values. In his 20 years of frontier market investing, Pries has launched a number of funds and firms, including Sarona and MicroVest Capital Management. He cut his teeth equally at PricewaterhouseCoopers and at the feet of Mother Teresa.
Katie Turner, senior project manager, MEDA SME/Investment Department
Katie Turner is a senior project manager/consultant in MEDA’s SME/Investment Department where she is dedicated to SME impact investing with a focus on impact measurement and technical assistance. In this role, she manages MEDA’s INFRONT (Impact Investing in Frontier Markets) program, in which the Sarona Frontier Markets Fund 2 LP is paired with technical assistance provided by MEDA and the MaRS Centre for Impact Investing. Prior to this, Turner worked for six years in MEDA’s agriculture market linkages department, supporting the integration of agribusinesses and small farmers into profitable value chains. She also carries out short term consultancies for a variety of NGO and private sector clients. Katie holds an Honours BA in Economics from Wilfrid Laurier University and a Post Graduate Degree in International Development. Country experience includes Armenia, Ecuador, Ghana, Haiti, Honduras, India, Morocco, Mozambique, Nicaragua, Pakistan, Peru, Tajikistan, Tunisia and Ukraine. She is fluent in English and Spanish.