MONTREAL and NEW
YORK, Jan. 28, 2025 /PRNewswire/ - Fiera
Comox Partners Inc. ("Fiera Comox"), an affiliate of Fiera Capital
Corporation (TSX: FSZ), is pleased to announce its acquisition of
6,650 acres of private timberlands in the
United States.
Situated in temperate coastal Oregon, the estate is located in one of the
most attractive and globally competitive softwood producing regions
in the world and produces almost exclusively Douglas Fir (a premium
tree variety). The forests have benefitted from decades of
sustainable forest management practices and will be supplemented by
Fiera Comox's "boots-on-the-ground" operating experience, with
members of the team having run one of North America's largest private timberland
companies managing over 1.5 million acres, driving significant
improvements in safety, sustainability and financial
performance.
Antoine Bisson-McLernon,
Partner and CEO, Fiera Comox, commented: "We are very
excited to grow our Natural Capital portfolio with a leading
timberland estate in the US Pacific Northwest, coming on the heels
of our previously announced joint venture transaction in
New Zealand. Taken together, these
assets provide geographic diversification and direct exposure to
the US and Pacific Rim end-product
markets."
Jeff Zweig, Partner, Vice
Chair, Head of Natural Capital, Fiera Comox, commented: "We are
thrilled to complete the acquisition of this strategically located
timberland asset. We look forward to driving improved operating and
sustainability outcomes to generate value for our investors."
About Fiera Comox Partners Inc.
Fiera Comox is a global investment manager that manages private
investment strategies in agriculture, timberland, private equity,
and private credit. As of September 30th,
2024 Fiera Comox has C$4.2 billion in assets under
management. Fiera Comox has completed more than 80 investments
across 7 countries in private assets globally. Established in 2016,
Fiera Comox is jointly owned by Fiera Capital Corporation and the
partners of Fiera Comox. The firm aims to deliver attractive
long-term returns to its investors while preserving capital and
investing responsibly. www.fieracomox.com.
About Fiera Capital Corporation
Fiera Capital Corporation ("Fiera Capital") is a leading
independent asset management firm with a growing global presence.
Fiera Capital delivers customized and multi-asset solutions across
public and private market asset classes to institutional, financial
intermediary and private wealth clients across North America, Europe and key markets in Asia and the Middle
East. Fiera Capital's depth of expertise, diversified
investment platform and commitment to delivering outstanding
service are core to our mission of being at the forefront of
investment management science to create sustainable wealth for
clients. Fiera Capital trades under the ticker FSZ on the Toronto
Stock Exchange.
Headquartered in Montreal,
Fiera Capital, with its affiliates in various jurisdictions, has
offices in over a dozen cities around the world, including
New York (U.S.), London (UK), and Hong Kong (SAR) and Abu Dhabi (ADGM).
Each affiliated entity (each an "Affiliate") of Fiera Capital
only provides investment advisory or investment management services
or offers investment funds in the jurisdictions where the Affiliate
is authorized to provide services pursuant to the relevant
registrations, an exemption from such registrations, and/or the
relevant product is registered or exempt from registration.
Fiera Capital does not provide investment advice to U.S. clients
or offer investment advisory services in the U.S. In the U.S.,
asset management services are provided by Fiera Capital's
affiliates who are investment advisers that are registered with the
U.S. Securities and Exchange Commission (the "SEC") or exempt from
registration. Registration with the SEC does not imply a certain
level of skill or training. For details on the particular
registration of, or exemptions therefrom relied upon by, any Fiera
Capital entity, please consult:
https://www.fieracapital.com/en/registrations-and-exemptions.
Additional information about Fiera Capital, including Fiera
Capital's annual information form, is available on SEDAR+
at www.sedarplus.ca.
Disclosure
The statements herein are for informational purposes only, are
not an advertisement for, or an offer or solicitation to buy or
sell, any securities or private funds, and should not be relied
upon to make any investment decisions.
The information presented in this document, in whole or in part,
is not investment, tax, legal or other advice, nor does it consider
the investment objectives or financial circumstances of any
investor.
This document may contain "forward-looking statements" which
reflect the current expectations of Fiera Capital and/or its
Affiliates. These statements reflect current beliefs, expectations,
and assumptions with respect to future events and are based on
information currently available. Although based upon what Fiera
Capital and its Affiliates believe to be reasonable assumptions,
there is no guarantee that actual results, performance, or
achievements will be consistent with these forward-looking
statements. There is no obligation for Fiera Capital and/or its
Affiliates to update or alter any forward-looking statements,
whether as a result of new information, future events or
otherwise.
View original
content:https://www.prnewswire.com/news-releases/fiera-comox-completes-acquisition-of-6-650-acres-of-private-timberland-302361667.html
SOURCE Fiera Comox Partners