Sagard Holdings Inc. agreed to acquire EverWest Real Estate Investors/EverWest Advisors LLC from Great-West Lifeco Inc. (TSX:GWO) on October 7, 2021. As part of the transaction, Lifeco will commit to invest approximately $2 billion (including amounts committed prior to the date hereof) in EverWest investment vehicles to support its future growth. In addition, the partnership includes up to approximately $500 million in additional capital commitments from Lifeco in certain Sagard funds (in addition to its current commitments in certain existing Sagard funds). The transaction is subject to regulatory and customary closing conditions. The sale is expected to close in the fourth quarter of 2021.