Briefing

Sagard Holdings launches small-cap fund aimed at tech, health-care sectors

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Sagard NewGen is looking to fund expansion strategies to the tune of between €10 million and €50 million. Its first investment was a minority stake in Paris-based therapeutic-drug producer Laboratoires Delbert. (AltAssets)

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Talking point: A subsidiary of Montreal-based Power Corporation, Sagard Holdings notably snagged former Cirque du Soleil COO Jonathan Tétrault, who became a managing partner in February. Sagard Holdings isn’t new to the health-care field, having invested US$75 million in Power Corporation’s US$475-million health-care fund in January.