Corporate Private Debt

Investment Approach

The Corporate Private Debt Funds and Infrastructure Private Debt Fund offer senior secured loans to mid-market public and private companies for acquisitions, refinancing, growth capital, management buyouts, expansion Capex or project financing. Its primary objective is to preserve investor’s capital and provide a higher rate of return on long-term investment while offering its investors liquidity and a stable flow of distributions arising from these investments.

Key principles

Predictable monthly income
Higher rate of return and lower risk than public market bonds
Low return volatility and average loan duration between 5 to 10 years
Strategically diversified portfolio by type of industry and composed of high-quality businesses in urban centres across Canada
Regional and product diversification mitigates risk and maximizes investor returns

Corporate and Infrastructure Debt Financing

Our Corporate Private Debt Funds and Infrastructure Private Debt Fund offer senior secured loans, adapted to a long-term situation and deliver financial peace of mind to allow executives to focus on operating their business while continuing to generate value.

The financing is intended for businesses in all industries wishing to carry out a project related to acquisitions, refinancing, growth capital, management buyouts, expansion Capex or project financing.

Senior secured loan between $10 million and $60 million
Fixed rate
Fixed term (5 to 10 years)
Bullet or amortizing – suitable to borrower, industry and structure

Corporate Private Debt Team

Brian Ko BSc, MBA, CFA

Senior Managing Director, Corporate Private Debt

647 963-8000

bko@fieracapital.com

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Mr. Ko is responsible for portfolio management, investment approval, and plays a leadership role in managing relationships with investors for all private debt funds. Mr. Ko is a member of the Investment Committee.

Prior to joining Fiera Private Debt in July 2019, Mr. Ko had worked at Integrated Asset Management Corp. with the Private Debt Group since 2011. Mr. Ko was responsible for origination, client negotiations, deal structuring, financial analysis, due diligence, and portfolio management. Prior to joining Integrated Asset Management, he spent four years in fixed income research at DBRS, where he was an Assistant Vice President in the energy group.

Mr. Ko holds a Bachelor of Science (BSc) in Computer Science and Commerce from the University of Toronto, a Master of Business Administration (MBA) from the Darden Graduate School of Business at the University of Virginia and he holds the Chartered Financial Analyst (CFA) designation.

Nelson Penelas MBA

Managing Director, Corporate Private Debt

647 354-4252

npenelas@fieracapital.com

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Prior to joining Fiera Private Debt in June 2020, Mr. Penelas worked at BMO Corporate Finance within the Diversified Industries Group where he was responsible for origination, deal structuring, due diligence, and execution of corporate lending transactions in Canada and Internationally. Prior to joining BMO, Mr. Penelas spent four years in the Leverage Finance Group at CIT Corporate

Finance, where he was a Director responsible for the origination, due diligence and execution of leveraged buyout supporting Canadian and US Financial Sponsors.

Mr. Penelas holds a Bachelor of Arts (BA) from Wilfrid Laurier University and a Master of Business Administration (MBA) from the Manchester Business School at the University of Manchester.

Varun Bhardwaj CFA, CAIA, BBA

Senior Director, Corporate Private Debt

905 617-1773

vbhardwaj@fieracapital.com

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As a Senior Director, Mr. Bhardwaj participates in all aspects of Fiera Private Debt’s investment activities with a primary focus on origination, diligence, and monitoring of investments.

Prior to joining Fiera Private Debt in July 2019, Varun Bhardwaj worked at Integrated Asset Management Corp. with the Private Debt Group since 2015. Previously, he spent two years in pension consulting, advising defined benefit and defined contribution plans on capital market expectations, pension liabilities, and asset management.

Mr. Bhardwaj holds an Honours Bachelor of Business Administration (BBA) from Wilfrid Laurier University, a Chartered Financial Analyst (CFA) designation, and a Chartered Alternative Investment Analyst (CAIA) designation.