Fiera Capital sells 35% equity stake in Axium Infrastructure

Subscribe to our newsletter and get the latest news and business opportunities in your inbox
Fiera Capital sells 35% equity stake in Axium Infrastructure

Axium Infrastructure  has entered into a definitive agreement with Fiera Capital Corporation pursuant to which Axium will redeem Fiera Capital’s 35% equity ownership in the firm.

The transaction, which is subject to customary closing conditions, is expected to close on or about January 15, 2016.

As a result of this transaction, the Management team will own more than 80% of Axium, further aligning the team’s interest with that of its investors.

The Axium team has 40 members across four offices located in Montreal, Toronto, New York and Vancouver. Axium is a fully independent portfolio management firm having in excess of C$1.4 billion in core infrastructure assets under management in North America.

The Firm most recently announced an agreement to acquire from EDP Renewables (EDPR) an ownership interest in a portfolio of seven wind farms located throughout the United States.

Share this news

Join us

In order to get full access to News section, you must have a full subscription. You can check all the benefits of becoming a member and purchase a subscription on our membership page.