Sagard to merge with Unigestion.

Sagard, a global alternative asset manager, agreed to merge with Unigestion, a European middle-market private equity firm. Financial terms were not disclosed. "Unigestion, a firm with a long and successful history under the leadership of Bernard Sabrier, and a culture that is highly aligned with Sagard's, brings deep investment expertise, strong investor relationships and formidable investment discipline. Unigestion's track record of building deep client relationships by crafting customized private equity programs makes them a natural partner for Sagard as we take this next step toward becoming a global leader in the middle market," Paul Desmarais III, Sagard Chairman and Chief Executive Officer.