Fiera Capital closes joint venture transaction with Aquila Infrastructure Management

Fiera Capital Corporation, a leading independent asset management firm, announced today that the firm has received all required third-party consents and finalized its previously announced joint venture transaction with Toronto-based Aquila Infrastructure Management, a premiere manager of infrastructure investments thereby creating Fiera Infrastructure Inc. The newly-formed alternative investment company has invested and committed capital of approximately CAD$500 million and benefits from a strong pipeline of investment opportunities as evidenced by Fiera Infrastructure's recent acquisition of a Public Private Partnership portfolio. This transaction brings Fiera Capital's current infrastructure asset portfolio to CAD$1.22 billion which includes Fiera Infrastructure's CAD$500 million of invested and committed capital and CAD$720 million of infrastructure debt (as at March 31, 2016). Fiera Capital Corporation was represented by a team from Fasken Martineau led by Gabriel Catiglio and accompanied by Jonathan Halwagi, Kadiatou Sow, and Benjamin Somers.