Sagard

What Sagard does

Sagard is a global multi-strategy alternative asset management firm headquartered in Montreal, Canada, with offices across North America, Europe, the Middle East, and Asia-Pacific. Founded in 2016 as an entrepreneurial family-rooted platform and operating under the Power Corporation of Canada umbrella (54.5% ownership post-2023), Sagard manages $46 billion in assets under management as of December 31, 2025, with 540+ professionals and 190+ portfolio companies across its investment strategies. The firm serves institutional investors, family offices, high-net-worth individuals, sovereign wealth funds, and successful entrepreneurs through five core verticals: venture capital, private equity, private credit, real estate, and private wealth management.

The firm's product platform encompasses venture capital strategies (Portage Ventures, Portage Capital Solutions, and the Diagram venture builder covering fintech and climatetech); private equity strategies (Sagard MidCap, Sagard NewGen, Sagard Private Equity Canada, and Sagard Private Equity Solutions with BEX Capital and Unigestion); private credit strategies (Sagard Credit Partners, Sagard | HalseyPoint CLO platform, Sagard Healthcare Partners royalty investments, and Sagard Senior Lending Partners); U.S. real estate through Sagard Real Estate ($6.0B AUM); and wealth management through Sagard Wealth. Distribution occurs through institutional direct sales (capital formation team), wealth advisor networks (including iCapital Network), family office engagement, and 500+ GP relationships. Two evergreen funds (Sagard Private Credit Fund and Sagard Private Equity Strategies Fund) extend accessibility to Canadian accredited investors with C$25,000 minimums and quarterly liquidity features.

Sagard's revenue model is built on recurring asset management fees (1.0-2.4% of NAV depending on fund class and strategy) combined with quarterly performance fees subject to hurdles and high water marks (e.g., 15% performance fee on Sagard Private Credit Fund subject to 1.25% total return soft hurdle), plus strategic advisory services to portfolio companies. The hybrid go-to-market motion combines enterprise field sales for institutional clients with direct-to-consumer evergreen fund offerings through wealth advisor channels. A dedicated Value Creation team provides go-to-market, technology, cybersecurity, and M&A advisory services to portfolio companies, while a Partnerships team facilitates commercial introductions across an ecosystem spanning 310+ institutional LPs, 500+ GP relationships, and global commercial partners.

Name

Sagard

Legal name

Sagard Holdings Inc.

Website

https://sagard.com

Company type

Private

Founded year

2016

Operating status

Operating

Headcount range

251–500 employees

Short description

Sagard is a global multi-strategy alternative asset management firm managing $46B in AUM across venture capital, private equity, private credit, real estate, and wealth management, serving institutional investors, family offices, and high-net-worth individuals worldwide.

Ownership category

akta.pro rank

Product category

Alternative Asset Management

NAICS

Portfolio Management and Investment Advice (523940), Funds, Trusts, and Other Financial Vehicles (525), Other Financial Vehicles (52599)

SIC

Investment Advice (6282), Real Estate (6500)

akta.pro primary industry

Multi-Sector / Generalist Growth Equity (FSANACAO)

akta.pro secondary industries

Unitranche Lending (FSANADAB), Managed Accounts & Unified Managed Accounts (UMAs) — Multi-Asset (FSAAAJAE), Real Estate / PropTech Growth Equity (FSANACAH), Managed Account Platforms (Separately Managed Accounts / Customized Portfolios) (FSAHAKAC)

Keywords

• Alternative asset management
• Private equity funds
• Venture capital investing
• Private credit lending
• Wealth management services

Headquarters

HQ city

Montréal

HQ country

Canada

HQ region

North America

Offices14 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Technology or R&D, Infrastructure

Revenue model

1. Asset Management Fees: Management fees charged on assets under management across Sagard's various fund strategies including private equity, venture capital, private credit, real estate, and healthcare. Fees are typically calculated as a percentage of AUM and represent the primary recurring revenue stream.
2. Performance Fees / Carried Interest: Performance-based fees earned on investment returns exceeding specified benchmarks or hurdles. Sagard Private Credit Fund references quarterly performance fee of 15% subject to 1.25% total return soft hurdle with high water mark. The evergreen funds and institutional products generate performance-driven income.
3. Strategic Advisory Services: Sagard provides value creation services including go-to-market support, tech and cyber advisory, business acceleration, M&A support, and partnership facilitation to portfolio companies. This strengthens portfolio performance and differentiates the platform.

Pricing tiers

Go-to-market motion3 records

Distribution channels5 records

Marketing channels5 records

Core offering

Sagard is a global multi-strategy alternative asset management firm that invests across venture capital, private equity, private credit, real estate, and private wealth management. The firm manages and operates multiple branded fund strategies — including Portage Ventures, Diagram, Sagard MidCap, Sagard NewGen, Sagard Private Equity Solutions, Sagard Credit Partners, Sagard Healthcare Partners, Sagard Senior Lending Partners, Sagard Real Estate, and Sagard Wealth — providing institutional and accredited investors with capital deployment vehicles, evergreen fund products, and dedicated value creation support to portfolio companies.

Product overview

Sagard is a global multi-strategy alternative asset management firm that operates as a platform with multiple distinct strategies across venture capital, private equity, private credit, and real estate. The firm delivers flexible capital, entrepreneurial culture, and a global network through distinct branded strategies: Venture Capital includes Portage Ventures, Portage Capital Solutions, and Diagram (venture builder); Private Equity encompasses Sagard MidCap, Sagard NewGen, Sagard Private Equity Canada, and Sagard Private Equity Solutions (which integrates BEX Capital and Unigestion); Private Credit features Sagard Credit Partners, Sagard | HalseyPoint, Sagard Healthcare Partners, Sagard Senior Lending Partners, plus two evergreen funds (Private Credit Fund and Private Equity Strategies Fund) for Canadian accredited investors; Real Estate is handled through Sagard Real Estate; and Sagard Wealth provides private wealth management. The platform also includes dedicated Value Creation and Partnerships teams to support portfolio companies. With $46B in AUM, 540+ professionals, and 190+ portfolio companies, Sagard serves institutional and private wealth investors across North America, Europe, and Asia.

Differentiator

Problem solved

Functional benefit

Brands

• Sagard MidCap: European middle-market private equity strategy investing in business services, food and consumer, healthcare, financial services, industrial and technology/software sectors.
• Sagard NewGen
• Sagard Private Equity Canada
• Sagard Private Equity Solutions
• Sagard Credit Partners
• Sagard | HalseyPoint
• Sagard Healthcare Partners
• Sagard Senior Lending Partners
• Sagard Private Credit Fund
• Sagard Real Estate
• Sagard Wealth
• Sagard Private Equity Strategies Fund
• Portage Ventures
• Portage Capital Solutions
• Diagram
• BEX Capital

Products and services

• Portage Ventures Global early-stage fintech venture capital strategy dedicated to supporting fintech and financial services entrepreneurs.
• Portage Capital Solutions Strategy delivering flexible equity capital solutions and resources to public and private later-stage fintech and financial services businesses.
• Diagram Venture builder and early-stage investor in Fintech and ClimateTech sectors combining venture capital investment with hands-on support and global partner network.
• Sagard MidCap European middle-market private equity strategy with €2.0B AUM and 42 investments to date, focused on French companies expanding internationally.
• Sagard NewGen European investment strategy making majority or minority investments (€10-50M) in tech and healthcare companies with revenues up to €150M that are already profitable.
• Sagard Private Equity Canada Canadian private equity strategy focused on the Canadian mid-cap market with emphasis on business and financial services and manufacturing sectors.
• Sagard Private Equity Solutions Global middle-market private equity solutions platform offering primaries, secondaries, co-investments, and venture capital strategies.
• Sagard Private Equity Strategies Fund Evergreen private equity investment fund for Canadian accredited investors, with target annual net return of 14-18% and minimum initial investment of C$25,000.
• Sagard Credit Partners Non-sponsor direct lending strategy providing bespoke debt solutions to public and private companies in North America, with EBITDA between $10-200M and financing sizes $10-250M.
• Sagard | HalseyPoint CLO platform specializing in leveraged loans and high-yield bonds with $250M CLO Equity Fund targeting 13%+ net IRR and 9 CLOs totaling approximately $4.1B in par value.
• Sagard Healthcare Partners Invests in royalties and credit backed by approved and commercialized biopharmaceutical products, diagnostics and medical devices, with typical investment size between $25M-$150M.
• Sagard Senior Lending Partners Direct lending strategy focused on middle-market companies across U.S. and Canada with first-lien priority in capital structure, target EBITDA $10-50M and financing sizes $15-200M.
• Sagard Private Credit Fund Evergreen credit investment fund for Canadian accredited investors with senior secured first-lien priority and monthly distributions; management fee 1.4-2.4% p.a. of NAV with quarterly 15% performance fee.
• Sagard Real Estate Full-service real estate investment manager with $6.0B AUM operating across industrial, multi-family, retail, office, and alternatives sectors in U.S. markets; provides acquisitions, development, asset management, and property management.
• Sagard Wealth Private wealth management service for Canadian entrepreneurs, families, institutions and foundations, providing independent investment advice with access to global investment opportunities from traditional to alternative strategies.

Quantifiable outcome

• $46 billion in assets under management as of December 31, 2025
• +5 more outcomes

Named customers9 records

Segments6 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Seven partnerships are on record, tiered core and major.

• UnigestioncoreStrategic or Co-development Partner · 8 April 2026Sagard and Unigestion completed their private equity merger in April 2026, creating a global leader in middle market private equity investment solutions. The combination expanded Sagard Private Equity Solutions with Unigestion's evergreen, primaries, and climate impact strategies.
• iCapital Network CanadamajorChannel Partner/ Reseller/ Distributor · 1 January 2026iCapital Network Canada provides technology platform for distribution of Sagard's accredited investor funds including Sagard Private Credit Fund and Sagard Private Equity Strategies Fund, enabling wealth advisors to access private markets.
• BEX CapitalcoreStrategic or Co-development Partner · 16 April 2025Sagard acquired strategic stake in BEX Capital, a specialized secondaries investment firm, to strengthen private equity secondaries offerings. BEX provides fund-of-funds secondaries expertise and broadens investment opportunities through Sagard Private Equity Solutions platform.
• HalseyPoint Asset ManagementcoreStrategic or Co-development Partner · 13 March 2024Strategic partnership with HalseyPoint Asset Management, a CLO platform, led by Lynn Hopton and Yvonne Stevens. HalseyPoint rebranded to Sagard | HalseyPoint. Platform has issued 9 CLOs totaling approximately $4.1 billion in par value.
• Performance Equity Management (PEM)coreStrategic or Co-development Partner · 6 December 2023Sagard acquired strategic stake in PEM, a private equity firm with over $8.9 billion in AUM. Transaction expanded Sagard's product offerings including fund of funds, secondary, and co-investment platform. Potential full acquisition by December 31, 2028. PEM rebranded as Sagard Private Equity Solutions in November 2025.
• EverWest Real Estate InvestorscoreStrategic or Co-development Partner · 7 October 2021Sagard acquired EverWest Real Estate Investors, a full-service real estate investment platform with approximately US$3.8 billion in assets. The platform operates in acquisitions, development, asset management, and property management in the U.S. EverWest rebranded as Sagard Real Estate in October 2023.
• Grayhawk WealthcoreStrategic or Co-development Partner · 1 January 2021Partnership with Grayhawk Wealth, a private wealth investment platform offering independent, bespoke investment solutions for Canadian families. Grayhawk rebranded as Sagard Wealth in January 2025, integrating fully into Sagard's private wealth management capabilities.

Scale indicators30 records

Recent moves7 records

Expansion highlights7 records

Direct peers

• Brookfield Asset Management: Toronto-headquartered global multi-strategy alternative asset manager with ~$1T AUM spanning private equity, credit, real estate, infrastructure, and renewable power. Most directly comparable peer given Canadian origin, multi-strategy approach, and similar geographic distribution.
• Onex Corporation: Toronto-based private equity firm with ~$50B AUM focused on mid-market buyouts across North America and Europe. Directly comparable given Canadian origin, mid-market focus, and PE-led platform with credit and PE solutions extensions.
• Hamilton Lane: Global private equity solutions and investment management firm specializing in primaries, secondaries, and co-investments—directly overlapping with Sagard Private Equity Solutions platform following PEM/BEX/Unigestion integration.
• StepStone Group: Global private markets investment firm focused on fund investments, co-investments, and secondaries with ~$165B AUM. Directly competes with Sagard Private Equity Solutions in the LP-led and advisory secondaries space.
• Clairvest Group: Toronto-based private equity firm focused on mid-market buyouts with ~C$3B AUM. Comparable given Canadian origin, mid-market focus, and family-controlled ownership structure similar to Sagard's Power Corp relationship.
• Northleaf Capital Partners: Toronto-based private equity, private credit, and infrastructure manager with C$23B+ AUM. Direct peer for Sagard's Canadian private equity (Sagard PE Canada), private credit (Sagard Credit Partners), and institutional fundraising model.

Broad incumbents

• Carlyle Group: Global multi-strategy alternative asset manager with $435B+ AUM spanning private equity, credit, and real assets. Comparable global multi-strategy platform with similar institutional LP base and acquisition-driven growth model.
• Ares Management: Global alternative investment manager with $450B+ AUM heavily weighted to private credit. Comparable across Sagard's credit franchise (Credit Partners, Senior Lending, HalseyPoint) and broader multi-strategy approach.
• ICG (Intermediate Capital Group): Global alternative asset manager with ~$80B AUM focused on private debt, real estate, and private equity. Comparable European/UK footprint and direct lending/mid-market investment thesis overlapping with Sagard Credit Partners and MidCap.

Others

• Power Corporation of Canada: Sagard's controlling shareholder (54.5%) and a diversified international management and holding company focused on financial services. Provides permanent capital and strategic direction—comparable as a parent platform for alternative asset management within a larger conglomerate.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat7 records

Key risks6 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/sagardholdings/?originalSubdomain=ca
• Xx.com/sagardholdings

Revenue estimate

Valuation estimate

Number of profiles

Profiles16 records

Subsidiaries16 records

Funding overview

Funding rounds5 records

Investors5 records

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A8 records

Investments13 records

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Sagard