DFX Intelligence

RIA Intelligence

Registered investment advisers, the advisors registered through them, the capital they report, the private vehicles they run and the people who own them, as a graph with a filing date behind every number. RAUM is what the adviser filed, a move is two registration dates, and a class is a rule you can read.

SEC-registered adviser

Sagard Holdings Manager LP

Asset manager (funds and pooled vehicles)Toronto, Ontario, CRD 304924SEC 801-120342websiteIAPD
Latest filing Apr 28, 2026
First filing on the tape Jan 15, 2021 · 12 filings
SEC status approved since Feb 16, 2021
RAUM
$8.6B
reported, Item 5.F
Discretionary
99%
of RAUM
Private clients
0.0%
$0 individuals and HNW
Advisors
0
registered through the firm on IAPD
RAUM per advisor
n/a
derived; firm RAUM over IAPD count
Employees
220
65 advisory (5.B.1)
Offices
5
beyond the principal office
Private funds
17
reported on Schedule D
History
12 filings and snapshots on the tape
RAUM$8.6B as of Apr 28, 2026
Mar 31, 2022$6.5B then
HNW client RAUM: no history
State-registered IARs (5.B.3)0 as of Apr 28, 2026
Mar 31, 20220 then
Employees (5.A)220 as of Apr 28, 2026
Mar 31, 202290 then
Private funds17 as of Apr 28, 2026
Mar 31, 20227 then
RAUM +27% over the last fiscal year+17% a year over threeIARs 0 to 0offices 4 to 5
Practice profile
derived from the filing of Apr 28, 2026; every figure names its basis
RAUM per advisor
unknownderivedRAUM over IAPD advisors; not a book size
Clients per advisor
unknownderivedindividual and HNW clients (5.D) over advisors
Average HNW client
unknownderivedHNW RAUM over HNW clients
Average account
$191MderivedRAUM over accounts (5.F.2.f)
Discretionary
99%derivedof RAUM
Institutional
4.1%derivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor
unknownderivedItem 5.A over advisors
Advisors per office
unknownderived6 offices incl. principal (1.F.5)
RAUM growth, one year
+27%derivedbetween the last two annual amendments
Advisor growth, one year
unknownderivedItem 5.B.3 between annual amendments
Client growth, one year
unknownderived
Compensation
percentage of assets, performance-basedreportedItem 5.E
Advisory activities
portfolio management for businesses and institutions, portfolio management for pooled vehiclesreportedItem 5.G
Custody
yesreportedItem 9.A
Ownership
no PE, bank or public-company owner found on Schedule Aderived
Advisor book size
not public; not estimatedreported
Also answered yes on Form ADV
  • has discretionary authority over which securities are bought or sold (8.C.1)
  • has custody of client cash or bank accounts (9.A.1.a)
  • has custody of client securities (9.A.1.b)
  • a related person has custody of client cash (9.B.1.a)
  • a related person has custody of client securities (9.B.1.b)
  • marketing includes hypothetical performance (5.L.3)
Where the RAUM sits
Form ADV Item 5.D, latest filing
  • Pooled investment vehicles$8.1B94%
  • Insurance companies$354M4.1%
  • Corporations and businesses$175M2.0%
Individual clients
n/areported
HNW clients
n/areported
Pension plan clients
n/areported
Charitable clients
n/areported
Accounts
45reported
Financial planning clients
reported
Wrap fee programs
noreported
Custody of client assets
$0 for 0 clientsreported
Compensation
% of AUM, performancereported
Class basis
private_client_share=0.0 fund_share=0.94 institutional_share=0.04 related_bd=true related_bank=true bd_reps=0.0derived
Advisors registered through the firm
0 on IAPD today, longest tenure first
No representative is registered through this CRD on IAPD.
Advisor movement
Left, latest
none on the tape
    Joined, latest
    none on the tape
      Private funds
      15 reported on Schedule D 7.B.(1)
      FundTypeGross assetsOwnersFirst reported
      Portag3 Ventures II Investments LPPrivate Equity Fund$604M46Apr 1, 2020
      Sagard Healthcare Royalty Partners LPPrivate Equity Fund$421M4Mar 31, 2022
      Sagard Healthcare Royalty Partners Icav - Sagard Healthcare Partners Sub-FundPrivate Equity Fund$268M17Mar 31, 2022
      Portage Ventures III Investments LPPrivate Equity Fund$174M61Jun 2, 2021
      Sagard Healthcare Partners (P-1) LPPrivate Equity Fund$150M1Mar 28, 2024
      Portage Ventures III International LPPrivate Equity Fund$108M35Mar 28, 2024
      Portag3 Ventures II International LPPrivate Equity Fund$85.1M13Mar 28, 2024
      Portage Capital Solutions Fund I LPPrivate Equity Fund$80.0M5Mar 28, 2024
      Portag3 Ventures II International (Fi) LPPrivate Equity Fund$79.7M4Mar 28, 2024
      Spadina LPPrivate Equity Fund$50.8M32Mar 31, 2022
      Sagard Credit Partners II (Cayman), LPPrivate Equity Fund$33.4M17Jan 15, 2021
      Sagard Credit Partners (Cayman), LPPrivate Equity Fund$30.2M10Aug 16, 2019
      Mowat LPPrivate Equity Fund$15.9M6Mar 31, 2023
      Sagard Senior Lending Partners Offshore-U LPPrivate Equity Fund$01Mar 31, 2023
      Sagard Senior Lending Partners Offshore LPPrivate Equity Fund$01Mar 31, 2023
      Owners and control persons
      Schedule A and B, latest filing
      • Guy Paul Desmarais III · Chairman And Chief Executive Officercontrol
        since 10/2017 · owns less than 5%
      • Nmn Michael Hassan · Managing Director, General Counsel And Secretary, Legal Affairscontrol
        since 11/2023 · owns less than 5%
      • Nmn Stephan Klee · Chief Financial Officercontrol
        since 07/2018 · owns less than 5%
      • David Samuel Robinson · Co-Founder And Vice Chairmancontrol
        since 10/2017 · owns less than 5%
      • Kaleem Junaid Subhan · Vice President, Legal Affairs And Chief Compliance Officercontrol
        since 10/2020 · owns less than 5%
      • Durham Adam Vigna · Chief Investment Officercontrol
        since 10/2017 · owns less than 5%
      • Guy Paul Desmarais · Trusteecontrol
        since 10/2013 · owns F of The Desmarais Family Residuary Trust
      • Albert Gary Doer · Trusteecontrol
        since 05/2023 · owns F of The Desmarais Family Residuary Trust
      • James Gregory Fleming · Trusteecontrol
        since 02/2024 · owns F of The Desmarais Family Residuary Trust
      • Caroline Sophie Desmarais · Trustee, Non-Voting
        since 03/2018 · owns F of The Desmarais Family Residuary Trust
      Entity owners
      • Sagard Holdings Management Inc. · Limited Partner
        direct · owns 75% or more
      • Sagard Holdings Manager Gp Inc. · General Partner
        direct · owns less than 5%
      • Pansolo Holding Inc. · Shareholder
        indirect · owns 50% to 75% of Power Corporation Of Canada
      • Power Corporation Of Canada · Shareholder
        indirect · owns 75% or more of Sagard Holdings Participation Inc.
      • Sagard Holdings Inc. · Shareholder
        indirect · owns 50% to 75% of Sagard Holdings Management Inc.
      • Sagard Holdings Participation Inc. · Shareholder
        indirect · owns 75% or more of Sagard Holdings Inc.
      • The Desmarais Family Residuary Trust · Shareholder
        indirect · owns 75% or more of Pansolo Holding Inc.
      Related persons
      Schedule D 7.A
      Advisers that list Sagard Holdings Manager LP as a related person
      Offices
      Schedule D 1.F, the 25 largest
      • Montreal, Quebec, Canada9 employees
      • New York, NY9 employees
      • Paris, France3 employees
      • London, United Kingdom1 employees
      What changed
      consecutive filings, newest first
      • Corporate clients · 1 to 2
        Mar 31, 2026 to Apr 28, 2026
      • Pooled vehicle clients · 40 to 39
        Mar 31, 2026 to Apr 28, 2026
      • Private funds · 18 to 17
        Mar 31, 2026 to Apr 28, 2026
      • Accounts · 41 to 45
        Mar 31, 2025 to Mar 31, 2026
      • Advisory employees · 54 to 65
        Mar 31, 2025 to Mar 31, 2026
      • Pooled vehicle clients · 36 to 40
        Mar 31, 2025 to Mar 31, 2026
      • Employees · 158 to 220
        Mar 31, 2025 to Mar 31, 2026
      • Other offices · 4 to 5
        Mar 31, 2025 to Mar 31, 2026
      • Private funds · 15 to 18
        Mar 31, 2025 to Mar 31, 2026
      • Discretionary RAUM · $6.7B to $8.5B
        Mar 31, 2025 to Mar 31, 2026
      • Non-discretionary RAUM · $75.0M to $82.6M
        Mar 31, 2025 to Mar 31, 2026
      • Pooled vehicle RAUM · $6.4B to $8.1B
        Mar 31, 2025 to Mar 31, 2026
      • RAUM · $6.8B to $8.6B
        Mar 31, 2025 to Mar 31, 2026
      • Accounts · 36 to 41
        Apr 23, 2024 to Mar 31, 2025
      • Advisory employees · 53 to 54
        Apr 23, 2024 to Mar 31, 2025
      • Pooled vehicle clients · 32 to 36
        Apr 23, 2024 to Mar 31, 2025
      • Employees · 147 to 158
        Apr 23, 2024 to Mar 31, 2025
      • Financial planning clients · unset to
        Apr 23, 2024 to Mar 31, 2025
      • HQ state · unset to
        Apr 23, 2024 to Mar 31, 2025
      • Private funds · 13 to 15
        Apr 23, 2024 to Mar 31, 2025
      • Discretionary RAUM · $5.7B to $6.7B
        Apr 23, 2024 to Mar 31, 2025
      • Non-discretionary RAUM · $0 to $75.0M
        Apr 23, 2024 to Mar 31, 2025
      • Pooled vehicle RAUM · $5.4B to $6.4B
        Apr 23, 2024 to Mar 31, 2025
      • RAUM · $5.7B to $6.8B
        Apr 23, 2024 to Mar 31, 2025
      • Accounts · 26 to 36
        May 1, 2023 to Mar 28, 2024
      • Advisory employees · 47 to 53
        May 1, 2023 to Mar 28, 2024
      • Corporate clients · unset to 1.0
        May 1, 2023 to Mar 28, 2024
      • Pooled vehicle clients · 24 to 32
        May 1, 2023 to Mar 28, 2024
      • Employees · 133 to 147
        May 1, 2023 to Mar 28, 2024
      • Private funds · 10 to 13
        May 1, 2023 to Mar 28, 2024
      • Discretionary RAUM · $5.4B to $5.7B
        May 1, 2023 to Mar 28, 2024
      • Pooled vehicle RAUM · $5.0B to $5.4B
        May 1, 2023 to Mar 28, 2024
      • RAUM · $5.4B to $5.7B
        May 1, 2023 to Mar 28, 2024
      • Accounts · 22 to 26
        Nov 21, 2022 to Mar 31, 2023
      • Advisory employees · 35 to 47
        Nov 21, 2022 to Mar 31, 2023
      • Pooled vehicle clients · 20 to 24
        Nov 21, 2022 to Mar 31, 2023
      • Employees · 90 to 133
        Nov 21, 2022 to Mar 31, 2023
      • Other offices · 3 to 4
        Nov 21, 2022 to Mar 31, 2023
      • Private funds · 7 to 10
        Nov 21, 2022 to Mar 31, 2023
      • Discretionary RAUM · $6.5B to $5.4B
        Nov 21, 2022 to Mar 31, 2023
      Signals
      15 dated events
      • Sagard Holdings Manager Lp reported RAUM $8.6B, up 27% from $6.8B (2025-03-31 to 2026-03-31)
        Mar 31, 2026 · RAUM change · derived
      • James Gregory Fleming (Trustee) appeared on Schedule A of Sagard Holdings Manager Lp
        Mar 28, 2024 · Control person joined · fact
      • Albert Gary Doer (Trustee) appeared on Schedule A of Sagard Holdings Manager Lp
        Mar 28, 2024 · Control person joined · fact
      • Nmn Michael Hassan (Managing Director, General Counsel And Secretary, Legal Affairs) appeared on Schedule A of Sagard Holdings Manager Lp
        Mar 28, 2024 · Control person joined · fact
      • Nmn Sacha Haque (General Counsel And Secretary) no longer on Schedule A of Sagard Holdings Manager Lp (listed 2023-05-01, absent 2024-03-28)
        Mar 28, 2024 · Control person left · inference
      • Nmn Guy Fortin (Trustee) no longer on Schedule A of Sagard Holdings Manager Lp (listed 2023-05-01, absent 2024-03-28)
        Mar 28, 2024 · Control person left · inference
      • Michel Plessis-Belair (Trustee) no longer on Schedule A of Sagard Holdings Manager Lp (listed 2022-11-21, absent 2023-03-31)
        Mar 31, 2023 · Control person left · inference
      • Roger Andre Desmarais (Trustee) no longer on Schedule A of Sagard Holdings Manager Lp (listed 2022-11-21, absent 2023-03-31)
        Mar 31, 2023 · Control person left · inference
      • Sagard Holdings Manager Lp reported RAUM $6.5B, up 34% from $4.9B (2021-06-02 to 2022-03-31)
        Mar 31, 2022 · RAUM change · derived
      • Sagard Holdings Manager Lp reported RAUM $4.9B, up 104% from $2.4B (2021-01-15 to 2021-06-02)
        Jun 2, 2021 · RAUM change · derived
      • Sophie Desmarais (Trustee) appeared on Schedule A of Sagard Holdings Manager Lp
        Jun 2, 2021 · Control person joined · fact
      • Michel Plessis-Belair (Trustee) appeared on Schedule A of Sagard Holdings Manager Lp
        Jun 2, 2021 · Control person joined · fact
      • Guy Fortin (Trustee) appeared on Schedule A of Sagard Holdings Manager Lp
        Jun 2, 2021 · Control person joined · fact
      • Roger Andre Desmarais (Trustee) appeared on Schedule A of Sagard Holdings Manager Lp
        Jun 2, 2021 · Control person joined · fact
      • Sagard Holdings Manager Lp filed its initial SEC registration (Form ADV)
        Jan 15, 2021 · First SEC registration · fact
      Across DFX
      shared identifiers only, never a name match
      How to reach
      public business contact points only, each with its source
      Firm profile
      linkedin.com/company/sagardholdingsreportedpublic record, Form ADV, Sep 17, 2026
      Firm profile
      linkedin.com/company/portageinvestreportedpublic record, Form ADV, Sep 17, 2026
      Website
      sagard.comreportedpublic record, Form ADV, Sep 17, 2026
      Principal office phone
      416-607-2250reportedpublic record, Form ADV, Apr 28, 2026
      Provenance
      Form ADV
      SEC filing data 2011 to 2024 and the monthly roster 2025 onreportedadviserinfo.sec.gov
      Advisors
      IAPD individual compilation feed, dailyreportedadviserinfo.sec.gov
      Class
      Asset manager (funds and pooled vehicles)deriveda rule over Items 5.D and 7.A
      RAUM per advisor
      n/aderivedfirm RAUM over the IAPD count; not a book size
      Loaded
      Sep 14, 2026