Canadian asset manager Fiera Capital has set up a new headquarters for its European business in London.
The new facility at Mayfair will be home to the firm’s UK-based units such as Fiera Real Estate UK, Fiera Capital UK, and Fiera Infrastructure.
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The facility will currently be staffed by around 85 employees and also have room for future expansion.
Fiera Capital global president and COO Vincent Duhamel said: “Over the last three years, Fiera Capital has made a significant investment in the UK to create the foundation for the future growth of our business outside of our historic bases of Canada and the US. This reflects our long-term commitment to the UK and broader European markets.
“Bringing together all of our UK based operations under one roof to create our new European headquarters in London, pools a vast wealth of expertise and knowledge and marks a key milestone in our global growth ambitions.”
The latest move comes after Fiera Capital’s purchase of an 80% stake in UK-based real estate investment manager Palmer Capital Partners.
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By GlobalDataThe deal marked Fiera Capital’s debut acquisition of a real estate investment manager outside Canada.
The firm made several other acquisitions last year, including the purchase of Toronto-based Integrated Asset Management and Foresters Asset Management.
Fiera Capital operates a range of strategies covering equity, hedge fund, infrastructure, and private debt, among others.
