Power Corporation also holds and actively manages a portfolio of investments. Power Corporation has a long-term perspective and a strategic vision anchored in clear investment principles:
Invest in companies with a long-term perspective;
Invest in high-quality, socially responsible companies with sustainable franchises and attractive growth profiles;
Conservative approach to risk;
Strong oversight and active governance through board of directors of investee companies, where appropriate; and
Detailed fundamental analysis.
The investments are held and managed either directly or through one of our investment platforms:
The Corporation has invested in three funds in Europe: Sagard Private Equity Partners (Sagard 1), Sagard II (Sagard 2) and Sagard 3, which together are operated as Sagard Europe. Sagard Europe is managed by Sagard SAS, based in France, a wholly owned subsidiary of the Corporation. Sagard Europe invests in mid-sized private companies based in France, Belgium, Luxembourg and Switzerland with the objective to have a significant influence at such companies.
Sagard Capital Partners L.P. (Sagard Capital), a U.S. limited partnership owned by the Corporation, mainly invests in mid-cap public companies in the United States. In certain circumstances, Sagard Capital will seek control of companies that have superior growth and return profiles.
Power Corporation operates as a Qualified Foreign Institutional Investor (QFII) in the Chinese “A” shares market. In addition, the Corporation has invested in Chinese companies listed on the Hong Kong Stock Exchange (“H” shares), and the Shenzhen or Shanghai Stock Exchange (“B” shares). Collectively, the Chinese “A”, “B” and “H” shares investment activities are Sagard China.
The Corporation holds a 10% interest in China Asset Management Co. Ltd. China AMC was established in 1998 and was one of the first asset management companies approved by the China Securities Regulatory Commission. It is recognized as a leader in the Chinese asset management sector.
Power Corporation established a new investment platform in 2012, Power Energy, with an objective to invest in the renewable energy sector. Power Energy invests in and develops energy companies that can provide stable and growing long-term recurring cash flows.
Power Energy holds investments in two companies: Potentia Solar Inc., a rooftop solar power producer in Ontario, and Eagle Creek Renewable Energy, LLC, a U.S.-based owner and operator of hydropower facilities.
Power Corporation has invested for many years in third-party private equity funds and hedge funds.