Asset Manager

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Desmarais Group

Desmarais Group was formed in Quebec. Paul Desmarais III serves as a principal operator alongside family members Olivier Desmarais and François Desmarais.

Desmarais Group logo

Desmarais Group

Desmarais Group was formed in Quebec. Paul Desmarais III serves as a principal operator alongside family members Olivier Desmarais and François Desmarais. The firm deploys capital across residential real estate, industrial holdings, and listed partnerships. Confirmed positions include stakes held via Parjointco and Groupe Bruxelles Lambert. Geographic reach covers Canada and the United States. No fund vehicles or co-investment structures are disclosed in available records. Team size and office count remain undisclosed. Paul Desmarais III holds membership in the Trilateral Commission. He co-founded the Black Wealth Club and the Indigenous Leadership Circle. The François Desmarais Foundation Fund and the Paul and Jacqueline Desmarais Foundation operate as separate philanthropic entities. Governance centers on direct family oversight of investment and operating assets rather than external mandates.

General information

Firm type

Generalist

Year founded

AUM

Undisclosed

Location

Region

North America

Country

Canada

City

Montreal

Corporate office

Montreal, QC, Canada

Principals

Paul Desmarais III

Chairman and CEO of Sagard

Olivier Desmarais

Chairman of Power Sustainable

François Desmarais

Wealth Advisor at ScotiaMcLeod and lead of the Desmarais Group team

Frequently asked questions

Who runs investment decisions at Desmarais Group?

Paul Desmarais III holds the role of Chairman and CEO of Sagard. Olivier Desmarais chairs Power Sustainable. François Desmarais leads the Desmarais Group team.

How is Desmarais Group related to Parjointco and Groupe Bruxelles Lambert?

The firm maintains a long-term business partnership with the Frère Family through these vehicles.

Does Desmarais Group maintain philanthropic structures?

Yes. The François Desmarais Foundation Fund and the Paul and Jacqueline Desmarais Foundation exist as named entities.

What real estate assets does Desmarais Group hold?

Holdings include Sagard Estate in Charlevoix, a pied-à-terre at The Pierre in New York, and the EverWest industrial portfolio in the United States.

Profile maintained by using OSINT (open-source intelligence), regulatory filings, licensed data partners, and verified direct submissions. Read the methodology. Last updated: . Continuous refresh with full update cycles at least every 30 days.

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