SCP III targets US$2B, extending Sagard’s direct lending strategy for privately owned North American businesses
TORONTO, July 15, 2026 – Sagard today announced the first close of Sagard Credit Partners III (“SCP III”), with over US$1B in initial commitments toward its US$2B target. The fund attracted 16 institutional limited partners, including a significant base of returning investors.
SCP III builds on the strategy established across Sagard Credit Partners I and II, providing directly originated senior secured financing to mid-market companies across Canada and the U.S. The strategy focuses primarily on non-sponsored borrowers in an underserved segment of the credit market, where access is shaped by long-standing relationships, proprietary sourcing, disciplined underwriting, and thoughtful structuring.
Led by Adam Vigna, Co-Founder and Chief Investment Officer at Sagard, Sagard Credit Partners’ senior investment team has invested together for more than 20 years. Since inception, Sagard Credit Partners has deployed over US$1.9B of capital, with 29 realizations to date. The broader Sagard Credit platform has deployed approximately US$4.5B across Sagard’s credit strategies since 2016.
“SCP III allows us to continue applying a highly selective approach in a market where experience, patience, and structuring discipline matter,” said Adam Vigna. “We believe this strategy is well positioned to support borrowers while seeking to generate attractive risk-adjusted returns for our limited partners.”
“SCP III strengthens our ability to support mid-market businesses with capital designed around their needs and stage of growth,” said Mustafa Humayun, Partner and Portfolio Manager, Sagard Credit Partners. “For borrowers, that means working with a lender that takes the time to understand their business and can stay engaged as their needs evolve. For our limited partners, it means continuing to build a portfolio with the discipline, selectivity, and alignment that have defined the strategy since inception.”
SCP III is the third vintage in the series and follows SCP II, which closed at US$1.17B in June 2022 and has since deployed 100% of its committed capital across a diversified portfolio of businesses. SCP III is already actively investing, with US$135M deployed across three investments to date.
ABOUT SAGARD CREDIT PARTNERS
Sagard Credit Partners provides directly originated senior secured loans and bespoke credit solutions to privately owned mid-market companies across Canada and the U.S., with a focus on non-sponsored borrowers.
ABOUT SAGARD
Sagard is a global multi-strategy alternative asset management firm with over US$46B¹ in assets under management. The firm invests in venture capital, private equity, private credit, and real estate with offices in Canada, the U.S., Europe, Asia, and the Middle East.
1 Pro-forma AUM at March 31, 2026, including Unigestion Private Equity as of December 31, 2025.
For more information, visit Sagard Credit Partners or follow Sagard on LinkedIn.
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