Fiera Capital

Name

Fiera Capital

Legal name

Fiera Capital Corporation

Website

https://fieracapital.com

Company type

Public

Founded year

2003

Operating status

Operating

Headcount range

501–1,000 employees

Ownership category

akta.pro rank

Product category

Institutional Asset Management

NAICS

Portfolio Management and Investment Advice (523940), Funds, Trusts, and Other Financial Vehicles (525)

akta.pro primary industry

Real Assets — Fund-of-Funds & Secondaries (FSAAAKAK)

Keywords

• Institutional asset management
• Private wealth management
• Public market investing
• Private market investing
• Portfolio management services

Headquarters

HQ city

Quebec

HQ country

Canada

HQ region

North America

Offices14 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Technology or R&D, Marketing or Sales, Infrastructure

Revenue model

1. Management Fees: Asset management fees charged on assets under management across public and private markets platforms. Private markets (13% of AUM) generates 37% of total revenues, indicating higher fee rates for private market strategies.
2. Performance Fees: Performance-based fees potentially earned on certain investment strategies, particularly in private markets and alternative investment products.

Go-to-market motion3 records

Distribution channels4 records

Marketing channels6 records

Core offering

Fiera Capital is an independent global asset management firm that delivers discretionary investment management across public markets (equity and fixed income), private markets (infrastructure, real estate, private equity, private credit, natural capital), and multi-asset portfolio solutions. The firm manages CAD 164.1 billion in assets under management through three client segments: Institutional Markets, Private Wealth, and Retail Markets, distributing products via direct institutional sales, dedicated private wealth advisors, and the financial advisor channel.

Product overview

Fiera Capital is a Canadian-based global independent asset management firm offering a unified platform-plus-subsidiaries architecture. The core platform provides three main investment capabilities: Public Markets (equity and fixed income strategies), Private Markets (agriculture, infrastructure, private equity, real estate), and Total Portfolio Solutions (multi-asset balanced portfolios with tactical asset allocation). These capabilities are supported by six subsidiary platforms—Fiera Real Estate, Fiera Infrastructure, Fiera Infrastructure Debt, Fiera Private Debt, Fiera Private Credit, and Fiera Comox—each specializing in distinct asset classes. The firm also provides proprietary client portal access for account management. The product portfolio spans institutional and retail markets across North America, Europe, and Asia.

Differentiator

Problem solved

Functional benefit

Brands

• Fiera Real Estate: Private markets real estate investment platform
• Fiera Infrastructure
• Fiera Infrastructure Debt
• Fiera Private Debt
• Fiera Private Credit
• Fiera Comox
• Fiera Apex
• Fiera Atlas

Products and services

• Public Markets

Quantifiable outcome

• Private markets generated 37% of total revenues despite representing only 13% of AUM
• +2 more outcomes

Named customers4 records

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

Two partnerships are on record, tiered core.

• Qatar Investment Authority (QIA)coreStrategic or Co-development Partner · 19 November 2025QIA and Fiera Capital partnered to launch a USD 200 million equity fund (Fiera Qatar Equity Fund) targeting superior risk-adjusted returns by investing in equities listed on the Qatar Stock Exchange. The fund aims to increase visibility of Qatar's capital market and attract global institutional investors to Qatari equities.
• United Brotherhood of Carpenters (Canadian District)coreStrategic or Co-development Partner · 1 January 2025Strategic platform partnership to invest over C$800 million in union-built infrastructure and real estate projects across Canada. The partnership combines Fiera Capital's investment management expertise with the United Brotherhood of Carpenters' construction capabilities.

Scale indicators12 records

Recent moves6 records

Expansion highlights6 records

Broad incumbents

• Brookfield Asset Management: Toronto-headquartered global alternative asset manager with deep real estate, infrastructure, renewable energy, and private equity franchises. Overlaps with Fiera's private markets capabilities but at substantially greater scale.
• Manulife Investment Management: Asset management arm of Manulife Financial with public and private market capabilities and a strong Canadian institutional presence. Competes directly with Fiera in Canadian pension and retail wealth channels.
• BMO Global Asset Management: Bank-affiliated Canadian asset manager with institutional, private wealth, and ETF capabilities. Competes with Fiera in Canadian institutional mandates and advisor-channel distribution.
• Franklin Templeton: Global multi-affiliate asset manager with public and private market strategies (including Clarion Partners real estate and Lexington Partners secondaries). Comparable as a diversified, multi-channel independent platform.
• RBC Global Asset Management: Bank-owned Canadian asset manager that recently displaced Fiera on the Children's Education Funds mandate. Direct competitor in institutional and retail wealth channels across Canada.
• Invesco Ltd. Global independent asset manager operating a multi-affiliate model across public and private markets (including Invesco Real Estate and Invesco Private Capital). Direct structural analogue to Fiera's platform-plus-subsidiaries architecture.

Direct peers

• AGF Management Limited: Canadian independent asset manager with public and private market capabilities across institutional, private wealth, and retail channels. Direct competitor in the Canadian advisor and institutional distribution space.
• Sprott Inc. Canadian-listed alternatives specialist with focus on precious metals, private equity, and real assets. Comparable as a publicly traded Toronto-based alternatives manager competing for institutional private markets mandates.
• CI Global Asset Management (CI Financial): Independent Canadian asset manager offering multi-affiliate public and private market strategies to institutional, private wealth, and retail investors. Closest Canadian-headquartered peer to Fiera in scale, structure, and channel mix.

Regional players

• iA Global Asset Management: Wealth and asset management arm of iA Financial Group, primarily focused on the Canadian and Quebec markets. Comparable distribution footprint in retail wealth and group retirement channels.

Market position

Strengths5 records

Weaknesses4 records

Competitive moat6 records

Key risks6 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/fiera-capital
• Facebookfacebook.com/fieraforher

Revenue estimate

Valuation estimate

Number of profiles

Profiles12 records

Subsidiaries19 records

Funding overview

Funding rounds3 records

Investors1 record

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A4 records

Investments4 records

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Fiera Capital