Created in 2002 on the initiative of Power Corporation of Canada, Sagard invests in companies valued at more than EUR 100 million that are leaders in their markets, primarily in French-speaking European countries.

Sagard enables entrepreneurs to sustainably expand into new geographies or new markets.

Stake value (06/30/2021) € 306 M
Distribution received to date (06/30/2021) € 323 M
Investment case

GBL agreed to invest in the first Sagard fund (Sagard I) for an amount of EUR 50 million. During the financial year 2006, GBL committed an amount of EUR 150 million in the fund’s successor, Sagard II, reduced in 2014 to EUR 113 million.

In 2013, Sienna Investment Managers participated in the launch of Sagard 3 by committing EUR 218 million.

In 2020, Sienna Investment Managers committed EUR 200 million to support the launch of Sagard 4 (mid-cap strategy) and Sagard NewGen (small-cap strategy dedicated to healthcare and well-being, information technologies and ecological transition).

Furthermore, Sienna Investment Managers invested EUR 25 million in Sagard Santé Animale, a Sagard 4 coinvestment vehicle in Ceva. Sienna Investment Managers receives certain preferential financial terms in relation to its support of Sagard funds.