Toronto PE Firm Fiera Axium Holds Initial Close on Fund II, Opens U.S. Office

Toronto-based Fiera Axium Infrastructure Inc. announced the first closing of its latest partnership, Fiera Axium Infrastructure North America LP, totaling C$200 million. Fiera's first private equity fund, which was focused on core infrastructure opportunities in Canada, closed last year at C$460 million. The new partnership will focus on comparable investments throughout North America. In support of this new mandate, Fiera has established an office in New York, and has hired Paulo Arencibia, formerly of BNP Paribas.

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