# Sagard Holdings Manager LP

> Sagard Holdings Manager LP is an SEC-registered investment advisory firm in Toronto, Ontario, Canada, registered since 2021, reporting over $5 billion in regulatory assets under management in its Form ADV filing dated April 28, 2026.

- CRD: 304924
- Filed as: SAGARD HOLDINGS MANAGER LP
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: Toronto, Ontario, Canada
- Filing period: October 2026
- Form ADV filing dated: April 28, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/304924
- AdvisorCensus page: https://advisorcensus.com/firm/sagard-holdings-manager-lp-toronto-ontario-304924

## Quick answers

**How is Sagard Holdings Manager LP compensated?**
On its Form ADV (Item 5.E, October 2026), Sagard Holdings Manager LP reports these compensation arrangements: a percentage of assets under its management; performance-based fees. The amounts are in Item 5 of its Form ADV Part 2A brochure.

**Where is Sagard Holdings Manager LP located?**
Sagard Holdings Manager LP's principal office is in Toronto, Ontario, Canada, according to its Form ADV; the May 2026 filing also lists 5 other offices (Schedule D, Section 1.F).

**Is Sagard Holdings Manager LP registered with the SEC or a state?**
Sagard Holdings Manager LP is an SEC-registered investment advisory firm, registered since 2021. Status as filed: Approved. CRD 304924.

**How much does Sagard Holdings Manager LP manage?**
Sagard Holdings Manager LP reports $8,609,810,168 in regulatory assets under management in its Form ADV filing dated April 28, 2026 (99% discretionary).

**How have Sagard Holdings Manager LP's assets and staff changed since 2021?**
In the Form ADV data for Sagard Holdings Manager LP: Regulatory assets under management: $4,893,635,425 in the October 2021 data and $8,609,810,168 in the October 2026 data, up 76%. Total employees: 59 in October 2021 and 220 in October 2026. Assets under management move with markets as well as with clients coming and going.

**What types of clients does Sagard Holdings Manager LP serve?**
By number of clients on Form ADV Item 5.D: pooled investment vehicles (other than investment companies and business development companies) (39); insurance companies (2); corporations or other businesses not listed above (2).

**Does Sagard Holdings Manager LP report any disciplinary disclosures?**
Reports no disclosure items on Form ADV Item 11. The detail of any item is on the firm's SEC record: https://adviserinfo.sec.gov/firm/summary/304924

**What changed in Sagard Holdings Manager LP's recent Form ADV filings?**
In the April 2026 filing data: Employees performing advisory functions went from 54 to 65. Regulatory assets under management went from $6,786,979,129 to $8,609,810,168 (+27%). Added an office in Al Maryah Island. Updated its list of owners and control persons (Schedule A).

## From the Form ADV filing

### Compensation (Item 5.E)
- A percentage of assets under your management
- Performance-based fees

### Regulatory assets under management (Item 5.F)
- Total: $8,609,810,168
- Discretionary: $8,527,165,990
- Non-discretionary: $82,644,178

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Pooled investment vehicles (other than investment companies and business development companies) | 39 | $8,081,707,872 |
| Insurance companies | 2 | $353,539,408 |
| Corporations or other businesses not listed above | 2 | $174,562,888 |

### Advisory services (Item 5.G)
- Portfolio management for pooled investment vehicles (other than investment companies)
- Portfolio management for businesses (other than small businesses) or institutional clients

### Firm details
- Registered since: 2021 (5 years)
- Employees: 220 total, 65 performing advisory functions
- Wrap fee program participation: No
- Disclosures (Item 11): Reports no disclosure items on Form ADV Item 11.

### Other offices (Schedule D, Section 1.F), as of the May 2026 filing
- Al Maryah Island
- London
- Montreal, Quebec
- New York, NY
- Paris

### Websites listed on Form ADV (Item 1.I)
- [portageinvest.com](https://portageinvest.com)
- [sagard.com](https://sagard.com)
- Instagram @portag3vc
- Instagram @sagardholdings
- LinkedIn @portageinvest
- LinkedIn @sagardholdings
- X @portageinvest
- X @sagardholdings

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2021 | $4,893,635,425 | 59 | June 2, 2021 |
| October 2022 | $6,536,317,432 | 90 | April 6, 2022 |
| October 2023 | $5,361,646,739 | 133 | May 1, 2023 |
| October 2024 | $5,715,310,425 | 147 | April 23, 2024 |
| October 2025 | $6,786,979,129 | 158 | March 31, 2025 |
| October 2026 | $8,609,810,168 | 220 | April 28, 2026 |

Regulatory assets under management: $4,893,635,425 in the October 2021 data and $8,609,810,168 in the October 2026 data, up 76%.
Total employees: 59 in October 2021 and 220 in October 2026.

## Changes in the filing (last 12 months)

### April 2026
- Employees performing advisory functions went from 54 to 65.
- Regulatory assets under management went from $6,786,979,129 to $8,609,810,168 (+27%).
- Added an office in Al Maryah Island.
- Updated its list of owners and control persons (Schedule A).

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Sagard Holdings Manager LP (CRD 304924): Form ADV filing data as of October 2026.