Dayton, Ohio-based Apex Capital Management, a growth equity manager, which was acquired by Fiera Capital in 2016, will now operate under the Fiera Capital name. According to the announcement on the name change, the process has been in motion since Fiera Capital acquired Apex.
NEW YORK and DAYTON, OH, June 21, 2017 /PRNewswire/ – Fiera Capital Inc. (“Fiera Capital” or the “Firm”), an affiliate of Fiera Capital Corporation (TSX: FSZ), a leading independent asset management firm, is pleased to announce that Apex Capital Management (“Apex”) now operates under the Fiera Capital name as of today. Apex was acquired by the Firm in 2016 and has been a key component in growing Fiera Capital’s presence in the U.S. institutional and sub-advisory markets.
The retirement of the Apex Capital Management name is the culmination of a process set in motion, when Apex officially joind Fiera Capital. Headquartered in Dayton, Ohio, Apex Capital Management is a U.S. growth equity manager, specializing in SMID-Cap Growth and Small-Cap Growth equities, whose client base is comprised of institutional clients including public pension funds, defined contribution plans, foundations, endowments, corporations, government entities, and other organizations. Apex also works with investment advisors with large high-net-worth and institutional relationships (via SMAs, UMAs, wrap programs, and a SMID-Cap Growth mutual fund).
“Apex brings to Fiera Capital complementary strategies as well as long-term investment performance records and reputations for strong client service”, said Benjamin Thompson, President and Chief Executive Officer of Fiera Capital’s US division, Fiera Capital Inc. “Although the name will change, the team will continue striving to offer clients the distinctive investment management approach and high caliber service that they have become accustomed to.”
“The name change is the capstone to our integration with the Fiera Capital team. We are proud to be part of such an entrepreneurial, client-focused firm,” said Nitin N. Kumbhani, founder of Apex and Fiera Capital’s U.S. Division Vice Chairman and Chief of Growth Equity Strategies as well a a Member of the Board of Directors of Fiera Capital Corporation.
About Fiera Capital Inc.
Fiera Capital Inc. is an affiliate of Fiera Capital Corporation. Fiera Capital Inc. offers thoughtful investment solutions in the US for high net worth individuals and institutions across a spectrum of traditional, non-traditional, and bespoke investment strategies. Its mission is to provide clients with the highest quality of customized service and performance through a culture of integrity, teamwork, excellence, and innovation. www.fierausa.com
Fiera Capital Inc. is an investment adviser registered with the SEC. Registration with the SEC does not imply a certain level of skill or training. Fiera Capital Inc. is indirectly wholly-owned by Fiera Capital Corporation, which is listed on the Toronto Stock Exchange. Fiera Capital Corporation does not provide investment advisory services, or offer investment funds, in the United States or to U.S. persons. Fiera Capital Inc. uses the resources of Fiera Capital Corporation acting in its capacity as Fiera Capital Inc.’s “participating affiliate,” in accordance with applicable guidance of the staff of the SEC.
These resources will specifically include, without limitation, the use of certain investment personnel. All such personnel of Fiera Capital Corporation will be treated as persons “associated with” Fiera Capital Inc. (as that term is defined by the Investment Advisers Act of 1940, as amended) in connection with the provision of any investment advisory services provided by such team members to U.S. clients.
About Fiera Capital Corporation
Fiera Capital is a leading independent asset management firm with more than CAD$122 billion in assets under management as at March 31, 2017. The Firm provides institutional, retail and private wealth clients with access to full-service integrated money management solutions across traditional and alternative asset classes. Clients and their portfolios derive benefit from Fiera Capital’s depth of expertise, diversified offerings and outstanding service. Fiera Capital trades under the ticker FSZ on the Toronto Stock Exchange. www.fieracapital.com