Sagard Private Equity has closed its third emerging manager fund on €520m ($600m), significantly exceeding its €400m ($460m) target and tripling the size of its previous fund. The close follows the combination of Sagard’s private equity solutions business with Unigestion’s private equity platform. The fund focuses on differentiated, lower mid-market managers, particularly spinouts from established firms and sector specialists.
It supports co-investments, late primaries, and shorter-duration investments to diversify portfolios and manage cash flows. Already well deployed, the fund has committed to emerging managers across the US and Europe. Kim Pochon, Global Head of Primary Investments at Sagard Private Equity, stated the final close reflects strong investor confidence in the firm’s dedicated emerging manager team.
Source: PE Insights · Summarized by HeadlinesBriefing