Alternative asset management businesses

sagard

An alternative asset management firm that invests across different asset classes. It delivers flexible capital, an entrepreneurial culture and a global network of investors, commercial partners, advisors and value creation experts.

$19.8
Billion
Assets under
management[1][2]
92%
Power
Corporation
Third Parties[3]
Venture capital & growth
Private equity
Private credit
Royalties
Real estate

Power Sustainable

A sustainability-led global alternative asset manager which aims to create long-term value by actively investing in entrepreneurial management teams, companies and projects with sustainable business models.

$4.5
Billion
Assets under
management[1]
64%
Power
Corporation
Third Parties[3]
Energy infrastructure
Infrastructure credit
Agri-food private equity
China public equities
See footnotes, including notes on other measures
  1. Includes unfunded commitments. The description of assets under management of alternative asset management businesses can be found under “Other Measures” in the Review of Financial Performance section of this Annual Report.
  2. Includes investments in Wealthsimple, which represents a fair value of $1.1 billion at December 31, 2023, and excludes assets under management of Sagard’s wealth management business.
  3. Included in third parties are associated companies including Great-West Lifeco, IGM and GBL as well as commitments from management.

Sagard and Power Sustainable have been focused on investing in and growing their respective businesses:

Ongoing fundraising from third-party investors
Launch of successor funds and new strategies
Acquisition of complementary investment teams
Strategic partnerships including third-party investors in Sagard’s manager