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Sagard expanding private equity platform with Unigestion deal

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Jeffrey Orr, centre, president and CEO of Power Corporation of Canada, is flanked by co-chairmen of the Corporation and Power Financial Paul Desmarais Jr., left, and Andre Desmarais and as they walk to attend their annual general meeting on Wednesday, May 14, 2025. THE CANADIAN PRESS/Christinne Muschi

TORONTO — Alternative asset manager Sagard says it’s combining its private equity platform with that of Geneva-based Unigestion.

Montreal-based Sagard, a division of Power Corp. of Canada, says the combined platform will manage over US$23 billion in private equity assets.

Jonathan Tétrault, managing partner at Sagard, will become chief executive of the combined platform.

He says in a statement that the partnership will help Sagard’s push to become a leader in middle market private equity, and in its expansion efforts across Europe and Asia.

Sagard says the new platform will expand both its geographic reach and product scope for institutional and high net worth investors.

Through the combination, Sagard with manage about US$44 billion in total assets after the deal closes.

This report by The Canadian Press was first published Sept. 23, 2025.