Fiera Capital, a global independent multi-boutique asset management firm, with over USD $124 bn* under management, is pleased to announce the establishment of its new European Headquarters at Queensberry House, Old Burlington Street in Mayfair, London. This move will see Fiera Capital consolidate all of its UK based subsidiaries and operations including Fiera Real Estate UK, Fiera Capital UK and Fiera Infrastructure within the same building.
The establishment of the new European headquarters follows the successful acquisition of an 80% interest in Palmer Capital Partners Limited in March 2019 and its subsequent rebrand to Fiera Real Estate UK Limited. This was Fiera Capital’s first acquisition of a real estate investment management business outside of Canada.
The new 14,000 sq ft office will be the base for Fiera Capital’s European operations, hosting 85 employees. It also provides capacity for future expansion of Fiera Capital’s offering which currently gives investors access to a range of strategies including:
- Equities across traditional global, regional, US and Emerging markets;
- Hedge funds; and
- Private alternatives across infrastructure, agriculture, real estate and private debt.
The UK division of Fiera Real Estate led the office negotiations on behalf of all the Fiera businesses and negotiated the sale of their existing lease on the penthouse floor in the Time & Life Building, 1 Bruton Street, Mayfair, London.
Vincent Duhamel, Global President and Chief Operating Officer, Fiera Capital, commented:
“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. We now have an excellent platform from which we can offer our investors an increasingly compelling and diverse range of strategies.”
*As at 30 September 2019