Carpenters and Joiners, Fiera Launch $800M Investment Platform

Fiera Capital and the United Brotherhood of Carpenters and Joiners of America in Canada are collaborating to create an $800-million investment platform focused on infrastructure and real estate. Initial funding will equally focus on both sectors with the aim of surpassing $1 billion in assets within three years. Fiera Infrastructure will manage investments in social infrastructure, transportation, and renewable energy, while Fiera Real Estate will focus on multi-residential and industrial projects. The platform aims to provide stable returns and create long-term jobs for union members, prioritizing projects with unionized labor.