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ARTICLE | Finance

Canada’s Sagard tops off royalty fund at $725M, beating goal

February 19, 2021 7:40 PM UTC

Just over a year after the first close of Sagard’s royalty fund, the firm has found that enthusiasm from LPs ran higher than expected, driving it to a final close above its target.

Canadian firm Sagard Holdings has closed the Sagard Heathcare Royalty Fund at $725 million, topping its $600 million goal. The announcement follows a January 2020 first close of $475 million...