Canada’s Sagard targets UAE, Egypt, Turkey and Saudi Arabia for new investment ...Middle East

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Canada’s Sagard targets UAE, Egypt, Turkey and Saudi Arabia for new investment
Sagard, a Canadian alternative asset management company with $14.5 billion worth of assets under management, is targeting markets including the UAE, Egypt, Saudi Arabia and Turkey for new investment, said its chairman and chief executive. The company, which is backed by Abu Dhabi’s holding company ADQ, recently opened its office at Abu Dhabi Global Market to expand into the region. “Our initial focus in the region will be very much around financial services,” Paul Desmarais III told The National in an interview. “We really view [the] UAE as a hub for the broader region and we think that Egypt is very interesting … as well as Turkey and Saudi Arabia,” he said. “There are a lot of very attra

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