Key Takeaways
- • Performance Equity Management (PEM) has rebranded as Sagard Private Equity Solutions (SPES), with the transition effective November 19, 2025, completing its integration into Sagard's global middle market private equity platform.
- • Sagard acquired a strategic stake in PEM in 2024; the rebrand formalizes that partnership, with Jonathan Tétrault, Managing Partner of Sagard, serving as CEO of SPES.
- • Following the previously announced combinations with PEM, BEX Capital and Unigestion's private equity platforms, SPES will manage approximately US$23 billion in combined private equity assets.
- • Sagard's total AUM stands at more than $32 billion as of June 30, 2025, and is expected to reach approximately $44 billion after the Sagard-Unigestion transaction closes.
- • The Sagard-Unigestion transaction is expected to close in early 2026, pending regulatory approvals.
Summary
Performance Equity Management (PEM), a private equity solutions provider founded in 2005, has rebranded as Sagard Private Equity Solutions (SPES), according to a Business Wire press release. The change, effective November 19, 2025, marks the completion of PEM's integration into Sagard's global middle market private equity platform. PEM's track record spans buyout, growth and venture strategies with leading private equity managers.
The rebrand builds on a 2024 transaction in which Sagard acquired a strategic stake in PEM to expand its private equity capabilities. Jonathan Tétrault, Managing Partner of Sagard and CEO of SPES, said the partnership has delivered the benefits expected from the 2024 deal "and then some," and described the new name as a formal signal of a joint platform designed to grow with clients and teams. John Clark, formerly President at PEM and now a member of the SPES executive committee, said the firm's investment philosophy, discipline and client focus remain unchanged and are now supported by Sagard's global resources and network.
The platform's scale is set to increase further. According to the release, SPES will manage approximately US$23 billion in private equity assets following the previously announced combinations with PEM, BEX Capital and Unigestion's private equity platforms. The company says the combined entity will connect more than 300 institutional investors and over 450 general partners globally. SPES brings together Sagard's primaries, secondaries and co-investment activities along with its venture capital business, serving institutional and private wealth investors across North America, Europe and Asia.
Sagard, a global multi-strategy alternative asset manager, reported more than $32 billion in AUM as of June 30, 2025, with 190 portfolio companies and 440 professionals. The firm expects AUM to reach approximately $44 billion once the Sagard-Unigestion transaction closes, which is anticipated in early 2026 pending regulatory approvals. The release includes standard forward-looking statement disclaimers.
The rebrand builds on a 2024 transaction in which Sagard acquired a strategic stake in PEM to expand its private equity capabilities. Jonathan Tétrault, Managing Partner of Sagard and CEO of SPES, said the partnership has delivered the benefits expected from the 2024 deal "and then some," and described the new name as a formal signal of a joint platform designed to grow with clients and teams. John Clark, formerly President at PEM and now a member of the SPES executive committee, said the firm's investment philosophy, discipline and client focus remain unchanged and are now supported by Sagard's global resources and network.
The platform's scale is set to increase further. According to the release, SPES will manage approximately US$23 billion in private equity assets following the previously announced combinations with PEM, BEX Capital and Unigestion's private equity platforms. The company says the combined entity will connect more than 300 institutional investors and over 450 general partners globally. SPES brings together Sagard's primaries, secondaries and co-investment activities along with its venture capital business, serving institutional and private wealth investors across North America, Europe and Asia.
Sagard, a global multi-strategy alternative asset manager, reported more than $32 billion in AUM as of June 30, 2025, with 190 portfolio companies and 440 professionals. The firm expects AUM to reach approximately $44 billion once the Sagard-Unigestion transaction closes, which is anticipated in early 2026 pending regulatory approvals. The release includes standard forward-looking statement disclaimers.
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