Fund of Funds

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Sonanz

Sonanz is a fund manager focused on essential sectors in growth markets across Africa, Asia, and Latin America. The company manages an impact private equity...

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Sonanz

Sonanz is a fund manager focused on essential sectors in growth markets across Africa, Asia, and Latin America. The company manages an impact private equity fund-of-funds investing in eco-tech, sustainable food and agriculture, financial services, and affordable healthcare. Sonanz is based in Munich, Germany.

General information

Firm type

Fund of Funds Manager

Year founded

2015

AUM

$10 million (per the firm, 2017)

Location

Region

Europe

Country

Germany

City

Munich

Corporate office

Munich, Germany

Principals

Andreas Nilsson

Co-founder

Nina Freudenberg

Co-founder

Sector focus

EcoTechAgriTech & FoodTechFinTechHealthcare Services

Frequently asked questions

Is Sonanz raising a new fund?

As of the latest available information from the firm’s website, Sonanz has not announced a new fundraising cycle. Its initial 2017 vehicle closed with $10 million, fully deployed across five portfolio funds, and will not make any further investments. The firm has not published details on a successor vehicle.

Does Sonanz invest directly in companies or only through funds?

Sonanz operates exclusively as a fund-of-funds manager. It commits capital to external private equity funds targeting growth-equity opportunities in its defined sectors and regions. The firm does not make direct investments into portfolio companies or co-invest alongside its underlying managers.

What is Sonanz’s investment focus by geography and sector?

Sonanz is focused on growth equity in three geographic regions: Africa, Asia, and Latin America. Its sector strategy is concentrated on what the firm calls Essential Sectors: EcoTech, sustainable food and agriculture, financial services, and affordable healthcare. This thematic and regional scope is the sole mandate of its 2017 fund-of-funds.

Who invested in Sonanz’s first fund?

The firm’s first and only disclosed fund, launched in 2017, closed with $10 million in commitments from a hybrid LP base. The named investors include the Swedish pension foundation SEB Stiftelsen, the H&M Foundation, and an unidentified group of German and Swedish private investors (per the firm, 2017). This combination of institutional and philanthropic capital is core to its identity.

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