Antoine Bisson-McLernon was named partner and CEO of Fiera Comox Partners, a new joint venture by Fiera Capital, Mr. Bisson-McLernon and two other partners that will invest in agriculture and private equity, said Sylvain Brosseau, Fiera’s global president and chief operating officer.
Mr. Bisson-McLernon will lead Fiera Comox Partners; he and two other partners, who have not yet been named, will hold 35% of Fiera Comox, with Fiera holding the remainder.
Mr. Bisson-McLernon was managing director and head of natural resources and private equity at PSP Investments, Montreal, which manages the C$116.8 billion ($87.2 billion) in pension assets for Canadian federal public service workers as well as Canadian forces, reserve forces and the Royal Canadian Mounted Police. Mr. Bisson-McLernon was replaced by Managing Director Simon Marc, who had led PSP Investments Europe, a PSP spokesman said.
Mr. Brosseau said he expects the joint venture to create an open-end agriculture fund that will target a first close of C$150 million to C$200 million. A private equity fund will be added at a later date, he said.