Sagard to invest in BEX Capital.

Sagard, a global alternative asset manager, agreed to invest in BEX Capital, a secondaries investment firm. Financial terms were not disclosed. "BEX has built a remarkable franchise in the secondaries market, with a loyal and diversified investor base and a strong track record of performance. By joining forces, we will enhance our ability to deliver innovative and high-performing secondaries solutions to institutional and private high-net-worth investors worldwide," Paul Desmarais III, Sagard Chairman and CEO.