GBL acquires a 5% stake in Sagard, strengthening the firm's capital base and cementing its relationship as an anchor LP

Whats Happening:

Groupe Bruxelles Lambert (GBL) is acquiring a 5% stake in Sagard, a global multi-strategy alternative asset management fund with over US$27B in assets under management. This partnership involves a US$33M investment at a pre-money equity valuation of US$600M for Sagard. GBL will also commit significant capital over the next five years to Sagard-managed strategies, strengthening Sagard's fundraising potential and accelerating its growth trajectory.

Key Moves:

• GBL acquires 5% stake in Sagard for US$33M

• GBL commits significant capital to Sagard-managed strategies over next 5 years

• Partnership aims to accelerate Sagard's growth and enhance investment capabilities

By The Numbers:

• Sagard manages over US$27B in assets

• GBL's 5% stake valued at US$33M

• Sagard's pre-money equity valuation: US$600M

Key Quotes:

• "This investment is a strong endorsement of our vision, strategy and progress to date. With GBL's support, we will accelerate our growth trajectory, enhance our investment capabilities, and strengthen our position as a leading alternative asset manager," said Paul Desmarais III, Chairman and CEO of Sagard.

Bottom Line:

The strategic partnership between GBL and Sagard marks a significant milestone in Sagard's growth strategy. With GBL's investment and commitment of capital, Sagard is poised to enhance its fundraising potential, launch new investment offerings, and accelerate its strategic expansion. This collaboration reinforces Sagard's position in the alternative asset management industry and sets the stage for continued value creation.

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