# Sarona Asset Management Inc.

> Sarona Asset Management Inc. is an SEC-registered investment advisory firm in Kitchener, Canada, registered since 2012, reporting $100 million to $500 million in regulatory assets under management in its Form ADV filing dated September 30, 2026.

- CRD: 160963
- Filed as: SARONA ASSET MANAGEMENT INC.
- Also doing business as: SARONA CAPITAL-INVESTISSEMENTS
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: Kitchener, Canada
- Filing period: October 2026
- Form ADV filing dated: September 30, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/160963
- AdvisorCensus page: https://advisorcensus.com/firm/sarona-asset-management-inc-kitchener-160963

## Quick answers

**How is Sarona Asset Management Inc. compensated?**
On its Form ADV (Item 5.E, October 2026), Sarona Asset Management Inc. reports these compensation arrangements: a percentage of assets under its management; performance-based fees.

**How much does Sarona Asset Management Inc. charge?**
Its Form ADV Part 2A brochure dated August 5, 2025 states: Asset-based fee: 0.8% to 1.1% a year (a range, as the brochure states it). Fees can differ by service and may be negotiable; the brochure is the complete statement.

**Where is Sarona Asset Management Inc. located?**
Sarona Asset Management Inc.'s principal office is in Kitchener, Canada, according to its Form ADV; the October 2026 filing also lists 3 other offices (Schedule D, Section 1.F).

**Is Sarona Asset Management Inc. registered with the SEC or a state?**
Sarona Asset Management Inc. is an SEC-registered investment advisory firm, registered since 2012. Status as filed: Approved. CRD 160963.

**How much does Sarona Asset Management Inc. manage?**
Sarona Asset Management Inc. reports $339,154,831 in regulatory assets under management in its Form ADV filing dated September 30, 2026 (49% discretionary).

**How have Sarona Asset Management Inc.'s assets and staff changed since 2021?**
In the Form ADV data for Sarona Asset Management Inc.: Regulatory assets under management: $329,620,710 in the October 2021 data and $339,154,831 in the October 2026 data, up 3%. Total employees: 16 in October 2021 and 29 in October 2026. Assets under management move with markets as well as with clients coming and going.

**What types of clients does Sarona Asset Management Inc. serve?**
By number of clients on Form ADV Item 5.D: pooled investment vehicles (other than investment companies and business development companies) (3); sovereign wealth funds and foreign official institutions (1).

**Does Sarona Asset Management Inc. report any disciplinary disclosures?**
Reports no disclosure items on Form ADV Item 11. The detail of any item is on the firm's SEC record: https://adviserinfo.sec.gov/firm/summary/160963

**What changed in Sarona Asset Management Inc.'s recent Form ADV filings?**
In the October 2026 filing data: Employees performing advisory functions went from 13 to 10. Added an office in Amsterdam.

## From the Form ADV filing

### Compensation (Item 5.E)
- A percentage of assets under your management
- Performance-based fees

### Fees and minimums (Form ADV Part 2A brochure dated August 5, 2025)

- Asset-based fee: 0.8% to 1.1% a year (a range, as the brochure states it)

> Sarona is generally paid a management fee in a range from 0.8% to 1.1% for the Funds under management based on a percentage of total assets or a percentage of committed capital pursuant to the relevant to the terms of the Fund’s Offering Documents.

As stated in the firm's brochure. Fees can differ by service and may be negotiable.

### Regulatory assets under management (Item 5.F)
- Total: $339,154,831
- Discretionary: $166,798,094
- Non-discretionary: $172,356,737

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Pooled investment vehicles (other than investment companies and business development companies) | 3 | $166,798,094 |
| Sovereign wealth funds and foreign official institutions | 1 | $172,356,737 |

### Advisory services (Item 5.G)
- Portfolio management for pooled investment vehicles (other than investment companies)
- Portfolio management for businesses (other than small businesses) or institutional clients

### Firm details
- Registered since: 2012 (14 years)
- Employees: 29 total, 10 performing advisory functions
- Wrap fee program participation: No
- Disclosures (Item 11): Reports no disclosure items on Form ADV Item 11.

### Other offices (Schedule D, Section 1.F), as of the October 2026 filing
- Amsterdam
- Luxembourg
- Singapore

### Websites listed on Form ADV (Item 1.I)
- adi.fund
- emiif.fund
- saronafund.com
- LinkedIn @sarona-asset-management

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2021 | $329,620,710 | 16 | September 1, 2021 |
| October 2022 | $340,779,981 | 15 | June 28, 2022 |
| October 2023 | $283,612,803 | 14 | September 15, 2023 |
| October 2024 | $378,992,833 | 21 | September 19, 2024 |
| October 2025 | $378,992,833 | 21 | September 19, 2024 |
| October 2026 | $339,154,831 | 29 | September 30, 2026 |

Regulatory assets under management: $329,620,710 in the October 2021 data and $339,154,831 in the October 2026 data, up 3%.
Total employees: 16 in October 2021 and 29 in October 2026.

## Changes in the filing (last 12 months)

### October 2026
- Employees performing advisory functions went from 13 to 10.
- Added an office in Amsterdam.

### February 2026
- Employees performing advisory functions went from 10 to 13.

### December 2025
- Employees performing advisory functions went from 9 to 10.

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Sarona Asset Management Inc. (CRD 160963): Form ADV filing data as of October 2026.