IGM Financial joins Power group in US$150 million Sagard AI Fund investment

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  • IGM Financial joined Power Corp. of Canada and Great-West Lifeco in a combined USD 150 million investment in the newly established Sagard AI Fund LP.
  • The closed-end fund targets artificial intelligence companies, with an initial focus on accelerating AI adoption in financial services.
  • The investment is intended to deepen strategic engagement with AI, supporting potential partnerships and pilot deployments across the Power group.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. IGM Financial Inc. published the original content used to generate this news brief on May 20, 2026, and is solely responsible for the information contained therein.