Investor Presentaiton
Building alternative investment platforms
POWER
Sagard SUSTAINABLE
■ Sagard and Power Sustainable are focused on growing by attracting third party capital
☐
and targeting fee-related earnings contribution as they scale
■ Recurring fees generated on committed capital, invested capital or NAV
•
Base management fees range from 0.75% to 2.50% 1,2
Fundraising activities ongoing across multiple strategies at Sagard and Power Sustainable
Fee-Bearing Capital³,4
Asset Management Activities
Sagard
($ millions)
Management fees
Investment platform expenses
Fee-related earnings (loss) (5)
Net carried interest (3)
Other
Power
Sustainable
Q3 2023 Q3 2022
($ billions)
42
36
(44)
(39)
(2)
(3)
(1)
(3)
(6)
ल
(3)
16.
Management fees
Investment platform expenses
Fee-related earnings (loss) (5)
7
LO
5
(16)
(14)
(9)
Net performance fees and carried interest
(3)
(3)
7
Other
(3)
(1)
(15)
(3)
Net loss
(21)
(12)
16.7
15.0
Q3 2022
Q3 2023
1 Refer to the Corporation's most recent interim MD&A for further detail on base fees and carried
interest per fund.
2 Excluding SMAs and co-investment vehicles.
3 Refer to the "Other Measures" section at the beginning of this presentation for more information.
4 Fee-bearing capital excludes Sagard's wealth management business.
5 Fee-related earnings is a non-IFRS financial measure. Items excluded from fee-related earnings have
been included in Other. Refer to the "Non-IFRS Financial Measures" section at the beginning of this
presentation for more information.
POWER CORPORATION OF CANADA QUARTERLY RESULTS PRESENTATION | Q3 2023
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