Power Corp’s Sagard launches healthcare royalty platform
Sagard Holdings, an affiliate of Canada’s Power Corp, has launched Sagard Healthcare Royalty Partners, a life sciences royalty investment platform. Focused on investing in pharmaceutical intellectual property, Toronto-based SHRP will be led by Partner David MacNaughtan, formerly a senior principal in the credit investments group of Canadian Pension Plan Investment Board. Before joining CPPIB in 2010, MacNaughtan was co-head of the Royalty Monetization Fund of DRI Capital, a Canadian healthcare private equity firm.
7 January 2019•3 mins read
