Paul Desmarais III

Paul Desmarais III is the chair and chief executive officer of Sagard Holdings Inc., an alternative asset management firm based in Montreal and a subsidiary of Power Corporation of Canada. Under his leadership, Sagard has significantly expanded its asset management capabilities, recently announcing the acquisition of Unigestion's private equity business, which will bolster Sagard's total assets to over $44 billion. Desmarais is recognized for his strategic vision in navigating the evolving private equity landscape and for driving the firm's growth through acquisitions.