As President of Fiera Private Debt since 2011, Jean Gamache has dedicated himself to developing the lending platform while meeting client needs and exceeding investor expectations in terms of returns.
From the moment he took over the position, Mr. Gamache has played a key role in developing and growing the company’s business. He introduced a business diversification strategy to the existing business in 2013 which has resulted in a 325% increase in assets under management and generated higher-than-target returns for the investors. In the pursuit of its Canadian growth strategy, Fiera Private Debt opened an office in Toronto in 2017 for the real estate financing and interim business financing teams. The total allocation of the loan portfolio for Ontario reached 29% in just one year, making the firm a vital player in the industry.
Mr. Gamache is an experienced business leader with more than 25 years of experience in real estate and commercial financing. Before joining Fiera Private Debt, he worked for a Canadian bank where he had $1.7 billion in assets under management in real estate and $1 billion in commercial loans. For the same bank, he was co-responsible for the risk model parameterization committees to bring the institution into compliance with the Basel II agreement for the real estate and commercial sectors.
Mr. Gamache has a Bachelor of Finance and an MBA with a specialization in financial services.
Richard Cousineau C.APP, AACI
Senior Vice President, Real Estate Financing, Canada
Richard Cousineau joined Fiera Private Debt in 2009 and is Senior Vice President, Real Estate Financing, Canada.
He is primarily responsible for identifying and assessing financing opportunities across Canada. Backed by the members of his team, he ensures healthy and sustained growth of the portfolio by establishing partnerships with major real estate developers to finance their construction projects or the redevelopment of their real estate assets. Mr. Cousineau contributes to the success of the Real Estate Financing Fund with financing agreements entered into with key players in the industry, in addition to constantly exceeding benchmark target returns for investors.
Mr. Cousineau has more than 35 years of experience in real estate and financing. He previously worked for reputed organizations, including the Caisse de dépôt et placement du Québec, in investment management for Canada. He also managed a real estate financing portfolio of more than $3.5 billion for major financial institutions in Canada.
Richard Cousineau holds a Bachelor’s degree in Administration from the Université du Québec à Montréal and is a certified appraiser with the Ordre des évaluateurs agréés du Québec and the Appraisal Institute of Canada. He is also a certified real estate broker with the Organisme d’autoréglementation du courtage immobilier du Québec.
Senior Vice President, Business Financing, Canada
Tony Gulotta is Senior Vice President, Business Financing for Canada since 2018.
In this role, Mr. Gulotta provides leadership in support of the business development, sales strategies and credit management for the Quebec and Ontario teams. He joined Fiera Private Debt in 2017 at the inception of the company in Ontario where he held the position of Vice President and Group Lead, Business and Real Estate Financing for the Toronto office. With his broad experience and expertise in financing, risk management, business development and sales management, he contributes to the success of the fund’s growth across Canada.
Mr. Gulotta has over 35 years of mixed real estate (ICI) and commercial financing experience. Prior to joining Fiera Private Debt, he managed a territory composed of $2.5 billion in deposits and loans in Eastern Ontario with CIBC. Subsequently with HSBC, he was responsible for managing a commercial and real estate banking team in Toronto. Over his career, he has had experience in managing a real estate portfolio of over $400 million for First City Trust throughout Quebec and the Maritimes.
Tony Gulotta holds a Bachelor’s degree from Concordia University as well as FICB, CFP and PFP designations.
Philip S. Robson B.A.
Executive Vice President, Corporate and Infrastructure Debt Financing, Canada
Prior to joining Fiera Private Debt in July 2019, Mr. Robson had worked at Integrated Asset Management Corp. with the Private Debt Group Team since 1996.
He was responsible for the strategic direction and overall operation of the Private Debt Group and played a leadership role in managing relationships with the investors and the firm’s loan origination activities. He is Vice-Chair of the Investment Committee.
Prior to joining Integrated Asset Management Corp., Mr. Robson was co-founder and Vice President, Finance of Acorn Packaging, a flexible packaging manufacturer. From 1989 to 1993, he was President and CEO of Krispak Limited, a snack food processing and marketing enterprise he acquired with partners. Philip Robson served as Vice President, Corporate Finance for Dominick and Dominick Securities in New York and Toronto from 1985 to 1990. He worked in corporate banking at the Bank of Nova Scotia from 1985 to 1987. Prior to that, he was with F.H. Deacon Hodgson.
Mr. Robson is a past Director and Treasurer of the Fred Victor Centre and is past Chair of the Bach Children’s Chorus of Toronto. He is currently on the Board of Validus Risk Management, a technology-focused risk management consultancy based in the U.K.
B.A. (Honours Economics), University of Toronto.
Yanic Roy CPA, CA
Chief Financial Officer
Yanic Roy joined Fiera Private Debt in May 2017 as Chief Financial Officer.
Mr. Roy is a key member of senior management. As part of his duties, he heads up the Finance team as well as the Compliance and Operations team. His responsibilities include overseeing accounting and finance activities, taxation, cash management, budget process, loan administration and compliance, as well as information technology. Mr. Roy plays a key role in the company’s strategic projects and the development of its operational activities to support its strong growth. He ensures the implementation of best practices in order to respond to the company’s business needs.
Previously, Yanic Roy worked for PSP Investments, where he held various positions of increasing responsibility. Among other things, he developed and managed a team composed of more than 30 professionals dedicated to fund accounting and private alternative investment portfolio reporting. He also worked for this firm in Europe, where he was responsible for finance activities and for European investment platform operations. Precedently, he participated in numerous investment project analysis and modeling mandates in financial advisory at PwC. He began his career at KPMG in audit services.
Mr. Roy holds the CPA, CA designation and is a member of the Ordre des comptables professionnels agréés du Québec.
Theresa Shutt B.A., M.A., MBA, CFA
CIO and Managing Director, Corporate and Infrastructure Debt Financing
Prior to joining Fiera Private Debt in July 2019, Ms. Shutt had worked at Integrated Asset Management Corp. with the Private Debt Group Team since 2013. Her responsibilities included portfolio management and investor relations for all IPD Private Debt Funds with a leadership role in investment approval and fund strategy. Theresa is a member of the Private Debt Investment Committee.
Prior to joining Integrated Asset Management Corp., Theresa Shutt was a Managing Director with BMO Corporate Finance where she developed customized financing solutions for mid-market companies incorporating senior debt, mezzanine financing & private equity. From 2002 to 2010, she held a variety of roles at RBC and Scotiabank structuring fixed income and equity derivatives for corporations and asset managers. From 1997 to 2000, Ms. Shutt worked as an economist for the Federal Department of Finance and the Conference Board of Canada.
B.A. (Honours Econ), University of Alberta, M.A. (Econ), McMaster University, MBA Rotman School of Management, University of Toronto.