Senior fund manager joins Fiera Properties
Fiera Properties, an affiliate of Fiera Capital, has appointed veteran industry executive Peter Cuthbert as senior vice president and partner.
Cuthbert (pictured) will initially be focused on the establishment of the new Fiera Properties CORE Fund and will serve as the fund manager.
Cuthbert has 26 years of real estate industry experience. Prior to his appointment, he was the head of Canadian real estate for the investment management arm of a large multi-national life insurance company. In his previous role Cuthbert was instrumental in building an open-ended real estate fund with more than USD1bn in assets under management. Cuthbert has also held positions of increasing responsibility at a large investment advisory firm, and one of Canada's largest Reits.
He rounds out an eight-member team of investment professionals with a proven record of strong investment performance led by chief executive Stuart Lazier and president Robert Roy.
"Real estate is an area of investment where highly skilled and disciplined managers have an important impact on return performance," says Lazier. "Peter has shown himself to be a skilled manager running a very successful investment process that led to a strong track record. He is the right person to take the helm of the CORE Fund."