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Sagard Holdings and Great-West Lifeco have formed a strategic partnership that will help support Sagard’s growth in the real estate sector. The firm plans to become a global multi-strategy alternative asset manager and a significant real estate player.

The transaction includes Sagard’s acquisition of EverWest, a real estate investment management firm with approximately $3.8 billion in assets under management, from Lifeco. The firm will serve as a foundation to Sagard’s expansion in the real estate sector. In addition, Lifeco will invest $2 billion in EverWest investment vehicles to support future growth and $500 million in Sagard funds. Lifeco will take a minority stake in Sagard subsidy Sagard Holdings Management.

Kelsi Maree Borland

Kelsi Maree Borland is a freelance journalist and magazine writer based in Los Angeles, California. For more than 5 years, she has extensively reported on the commercial real estate industry, covering major deals across all commercial asset classes, investment strategy and capital markets trends, market commentary, economic trends and new technologies disrupting and revolutionizing the industry. Her work appears daily on GlobeSt.com and regularly in Real Estate Forum Magazine. As a magazine writer, she covers lifestyle and travel trends. Her work has appeared in Angeleno, Los Angeles Magazine, Travel and Leisure and more.

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