Fiera Capital has appointed a brand new managing director for Asia, because it seems to be to develop its personal credit score enterprise within the area.
The Canada-headquartered asset supervisor has names John Cappetta (pictured) as managing director and head of Fiera Capital Asia, excluding Japan and Korea.
Fiera Capital Asia has a non-public alternate options focus, with unleveraged, earnings producing personal credit score serving as its cornerstone technique.
Cappetta joins from Ninety One, the place he was head of personal banking and Asia adviser.
Previous to that, he served as managing director senior adviser to Julius Baer, the place he was based mostly within the financial institution’s Singapore workplace for six years, and head of mutual fund gross sales Asia for Financial institution of America Merrill Lynch. He additionally held roles at Van Hedge Funds and Safra Asset Administration.
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Primarily based in Singapore, Cappetta will report back to Fiera Capital Asia government director and chief government Rob Petty.
“The area’s distinct urge for food and choice for extremely customisable funding options requires a private connection to core markets,” stated Petty, “and as we increase our supply to traders in Asia in any respect tiers it is going to be this nuanced appreciation for what motivates funding decision-making that units aside our private and non-private market methods and energetic administration method.”
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Cappetta added: “Buyers in Asia are more and more in search of new alternatives in different belongings, equivalent to personal credit score, actual belongings, and personal fairness. Fiera Capital’s sturdy presence throughout each personal and public markets offers us with the flexibility to supply tailor-made options to fulfill consumer wants.
“As demand for diversified investments, significantly in alternate options and sustainable investing, continues to develop within the area, Fiera Capital is well-positioned to fulfill these evolving wants.”
Fiera Capital had greater than $116.1bn (£87.2bn) belongings underneath administration as of 30 June 2024.
The corporate’s resolution to increase its providing in Asia follows the current appointment of CJ Morrell, head of Japan, who additionally started his profession at Merrill Lynch earlier than roles with JP Morgan and latterly Sloane Robinson Asset Administration.
Cappetta’s appointment is the newest in a collection of hires to broaden Fiera’s international growth with the corporate asserting the opening of workplaces in Zurich, The Hague, and Abu Dhabi in 2024.
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