Fiera Capital launches Fiera Properties CORE Mortgage Fund
Date Announced
November 23, 2017
Lead Office
Toronto
On November 23, 2017, Fiera Capital Corporation (“Fiera Capital”) announced the launch of its new Fiera Properties CORE Mortgage Fund (“Fund”). It was also announced that Fiera Properties Debt Strategies Ltd., a wholly-owned subsidiary of Fiera Properties Limited (“Fiera Properties”), is appointed as the lead of the mortgage strategy. The Fund will seek to provide income to investors while preserving capital over the long term. It will aim to broaden the footprint of Fiera Properties into a full-service real estate equity and debt platform.
The open-ended Fund will be available to accredited individual and institutional investors starting in December 2017, and will invest in mortgages secured by high quality commercial real estate across Canada. Pursuant to this launch, Fiera Capital will act as investment fund manager and portfolio manager of the Fund.
Fiera Capital is one of Canada’s leading independent investment management firm. Fiera Properties, an affiliate of Fiera Capital, is a leading real estate investment management firm with both institutional and private clients.
McCarthy Tétrault LLP is advising Fiera Capital and Fiera Properties with a team led by Jonathan See, that includes William McCullough and Andrejs Mistiouk (Real Property and Planning), and Michael Nicholas and Lama Sabbagh (Business).