Fiera Capital Entities

Each entity of Fiera Capital only provides investment advisory services or offers investment funds in the jurisdictions where such member and/or the relevant product is registered or authorized to provide such services pursuant to an exemption from such registration.  These include the entities listed below.  Where an entity operates under an exemption from registration (the “Exempt Entities”), only its jurisdiction of incorporation is listed.  Details on the particular registration and offering exemptions for the Exempt Entities’ activities are available upon request. 

• Fiera Capital Corporation – Canada, registered: (i) in the categories of exempt market dealer and portfolio manager in all Provinces and Territories of Canada (ii) in the category of investment fund manager in the Provinces of Ontario, Québec, Newfoundland and Labrador; (iii) as a commodity trading manager pursuant to the Commodity Futures Act (Ontario), (iv) as an adviser under the Commodity Futures Act (Manitoba) and, (v) in Québec, as derivatives portfolio manager pursuant to the Derivatives Act (Québec);

• Fiera Capital Inc. – United States, registered as (i) an investment adviser with the U.S. Securities and Exchange Commission (the “SEC”)* and (ii) a commodity pool operator with the U.S. Commodity Futures Trading Commission.

• Bel Air Investment Advisors LLC—United States, registered as an investment adviser with the SEC*. 

• Fiera Capital (UK) Limited – United States, registered as an investment adviser with the SEC*.  United Kingdom, authorized and regulated by the Financial Conduct Authority.

• Fiera Capital (IOM) Limited – United States, registered as an investment adviser with the SEC*.  Isle of Man, licensed by the Isle of Man Financial Services Authority.

• Fiera Real Estate Investments Limited – A corporation incorporated under the laws of the province of Ontario (Canada).

• Fiera Private Debt Inc. – A corporation incorporated under the laws of the province of Québec (Canada).

• Fiera Infrastructure Inc. – A corporation incorporated under the laws of Canada.

• Fiera Investments LP – A partnership registered under the laws of the province of Ontario (Canada).

• Fiera Comox Partners Inc. – A corporation incorporated under the laws of Canada.

• Clearwater Capital Partners Singapore Pte Ltd. – Singapore, licensed by the Monetary Authority of Singapore for the provision of Capital Markets Services in Fund Management and an Exempt Reporting Adviser with the SEC*.

• Clearwater Capital Partners Hong Kong Limited – Hong Kong,  licensed by the Securities and Futures Commission for the provision of Type 9 Asset Management services and an Exempt Reporting Adviser with the SEC*.

• Clearwater Capital Partners, L.P. – Cayman Islands,  registered with the Cayman Islands Monetary Authority under the category of Securities, Excluded Persons and an Exempt Reporting Adviser with the SEC*.

• Fiera Real Estate UK Limited – A corporation incorporated under the laws of England and Wales.

• Fiera Real Estate Investors UK Limited – authorized by the Financial Conduct Authority in the United Kingdom (FRN:229905) as a Small Authorized UK AIFM (sub-threshold).

 * Neither registration with nor regulation by the SEC implies a certain level of skill or training.