Power Corp.’s Sagard names new head of artificial intelligence

Sagard News

Power Corp.’s Sagard names new head of artificial intelligence
HeadUniversityInc
  • 📰 globeandmail
  • ⏱ Reading Time:
  • 60 sec. here
  • 12 min. at publisher
  • 📊 Quality Score:
  • News: 62%
  • Publisher: 92%

Parinaz Sobhani is the former head of AI at Georgian Partners, Canada’s largest venture capital firm

Alternative asset manager Sagard Holdings Inc . has hired its first head of artificial intelligence as the private capital unit of Power Corp. of Canada Ms. Sobhani joined Georgian as an applied research scientist in 2017 after earning a master’s degree in computer science at Sharif University of Technology in her native country of Iran and a PhD in AI at the University of Ottawa. Her university studies focused on natural language processing.

Now, Ms. Sobhani will lead the development and implementation of the AI strategy at Sagard, Power Corp.’s seven-year-old alternative investment arm, which has US$25-billion in assets under management. Ms. Sobhani starts next month. Sagard managing partner François Lafortune said that with AI now a key element of many companies backed by venture capital, it is important for early-stage financiers to have a dedicated AI person who can help build out a team, collaborate across their portfolio and assist with due diligence on prospective investments. Mr. Lafortune is also co-founder and chief executive officer of Sagard unit Diagram Ventures, a company builder and technology venture capital firm.

Ms. Sobhani said that after working with more mature growth-stage companies across a range of sectors at Georgian, she was drawn to the opportunity to work with younger companies more focused on financial technology at Diagram and Portage Ventures, Sagard’s other venture capital arm. “I really like the zero to 10, building from almost nothing and collaborating with founders,” she said in an interview. “I’m excited to go very deep in the fintech industry.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

globeandmail /  🏆 5. in CA

Head University Inc Sagard Team Companies Power University Of Ottawa Iran Canada

Canada Latest News, Canada Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Algonquin to sell renewable power unit for up to US$2.5 billionAlgonquin to sell renewable power unit for up to US$2.5 billionAlgonquin Power & Utilities Corp. is selling its renewable energy business to a subsidiary of LS Power for up to US$2.5 billion.
Read more »

Algonquin Power signs deal to sell renewable energy business for up to US$2.5BAlgonquin Power signs deal to sell renewable energy business for up to US$2.5BOAKVILLE, Ont. — Algonquin Power & Utilities Corp. says it has signed a deal to sell its renewable energy business to a subsidiary of LS Power for up to US$2.5 billion.
Read more »

Algonquin Power signs deal to sell renewable energy business for up to US$2.5BAlgonquin Power signs deal to sell renewable energy business for up to US$2.5BOAKVILLE, Ont. — Algonquin Power & Utilities Corp. says it has signed a deal to sell its renewable energy business to a subsidiary of LS Power for up to US...
Read more »

Parkland Corp. faces lawsuit from top shareholder Simpson OilParkland Corp. faces lawsuit from top shareholder Simpson OilIn addition to its Burnaby refinery, Parkland operates approximately 4,000 fuel and convenience retail stores and commercial locations across Canada, the United States and the Caribbean.
Read more »

Parkland Corp. faces lawsuit from top shareholder Simpson OilParkland Corp. faces lawsuit from top shareholder Simpson OilSimpson said it has filed an application seeking a declaration that the voting restrictions currently in place due to a 2019 agreement between Simpson and Parkland are no longer valid
Read more »

Parkland Corp. faces lawsuit from top shareholder Simpson OilParkland Corp. faces lawsuit from top shareholder Simpson OilCALGARY — Parkland Corp.'s largest shareholder says it is taking legal action against the company in light of what it calls an attempt by Parkland to insulate its board of directors and CEO from accountability.
Read more »



Render Time: 2025-02-16 07:52:11