Fiera Capital Corporation has appointed Wenzel Hoberg to head its C$7.8bn (€5.4bn) global real estate arm.

The asset manager said Hoberg will lead the growth of Fiera Real Estate’s Canadian and UK platforms in key markets, with a focus on bringing strategies to investors and efficiently allocating capital.

Wenzel will support the firm’s capital-raising efforts and partnership development.

Wenzel previously held the roles of president of Barnhart Capital and CEO of Triuva. He also spent close to a decade at CPP Investments, where he took on the roles of international real estate investments VP and of managing director of Europe real estate investments. Wenzel started his career in the corporate finance practice of PwC.

John Valentini, president and CEO, Fiera Private Markets, said: “Hoberg brings a proven track record of leading high-performing real estate teams in Europe and Canada.

“His global insight and deep expertise in real estate and in successfully navigating complex economic cycles will make him a valuable asset in the firm’s strategy for growth as we continue to aim for attractive return generation and optimisation for our investors.”

Hoberg said: “I believe the firm has tremendous opportunities to grow the ecosystem and to capitalise on successes to date – rooted in its innovative approach and diverse portfolio. I look forward to working with our global teams to provide high-quality strategies within the real estate asset class to a growing number of investors.”

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