ADQ and BMO to acquire a minority stake in Sagard.

ADQ, an Abu Dhabi-based investment and holding company, and BMO, a Canadian multinational investment bank, agreed to acquire a minority stake in Sagard, a global multi-strategy alternative asset management firm. Financial terms were not disclosed. "We are thrilled to welcome ADQ and BMO as strategic partners and to strengthen our relationship further with GWL. These strategic partnerships will significantly accelerate our vision of becoming one of the most respected alternative investment management firms globally," Paul Desmarais III, Sagard Chairman and CEO.