Fiera Capital acquired an 80% stake in Palmer Capital Partners for £30m

Fiera Capital, a leading independent asset management firm, acquired an 80% stake in Palmer Capital Partners, a leading UK focused real estate investment manager, for £30m. "Palmer Capital is a perfect fit for us as we look to further grow our footprint outside of North America," said Vincent Duhamel, Global President and Chief Operating Officer, Fiera Capital. "This is a strategic acquisition with a growing business in Europe and the United Kingdom – key areas of focus for us as we expand globally. We have grown significantly over the last decade by acquiring stakes in best in class boutique firms, underpinning them with operational and strategic support and leaving their talented investment professionals to focus their time and skill on delivering strong positive investment performance."