Fiera Capital launched the Fiera Properties CORE Mortgage Fund on Thursday. It also appointed subsidiary Fiera Properties Debt Strategies Ltd. to lead the mortgage strategy.
Fiera Capital will act as investment fund manager and portfolio manager of the open-ended fund, which will be available to accredited individual and institutional investors starting in December. The fund will invest in mortgages secured by high-quality commercial real estate across Canada.
Fiera Properties senior vice-presidents Scott Rowland and Geoff McTait will lead the fund.