Fiera Capital, an independent multi-boutique asset management firm, established a European Headquarters in Mayfair, London.
With over $124 billion under management, Montreal-based Fiera Capital consolidates all of its U.K. based subsidiaries and operations including Fiera Real Estate UK, Fiera Capital UK and Fiera Infrastructure within the same building, according to a statement released on Tuesday.
The establishment of the new European headquarters follows the acquisition of an 80 percent interest in Palmer Capital Partners in March 2019 and its subsequent rebrand to Fiera Real Estate UK. This was Fiera Capital’s first acquisition of a real estate investment management business outside of Canada.
Excellent Platform
Fiera Capital's Global President and CEO Vincent Duhamel said: «Fiera Capital has made a significant investment in the U.K. This reflects our long-term commitment to the U.K. and broader European markets. We now have an excellent platform from which we can offer our investors an increasingly compelling and diverse range of strategies.»
Before joining Fiera Capital, Duhamel was Partner and CEO at Lombard Odier in Asia and responsible for operations in Hong Kong, Tokyo, and Singapore. During his time in Asia, he played a key role in the market intervention and disposal of assets by the Hong Kong Monetary Authority during the Asian crisis, in addition to managing a project to help the Social Security Fund of China develop its investment processes and policies.
Future Expansion
According to further information, Fiera Capital’s European operations, hosting 85 employees, also provides capacity for future expansion of Fiera Capital’s offering which currently gives investors access to a range of strategies.
