Fiera Capital appoints Asia MD to drive private credit push
Fiera Capital has appointed a new managing director for Asia, as it looks to grow its private credit business in the region.
The Canada-headquartered asset manager has names John Cappetta (pictured) as managing director and head of Fiera Capital Asia, excluding Japan and Korea.
Fiera Capital Asia has a private alternatives focus, with unleveraged, income generating private credit serving as its cornerstone strategy.
Cappetta joins from Ninety One, where he was head of private banking and Asia adviser.
Prior to that, he served as managing director senior adviser to Julius Baer, where he was based in the bank’s Singapore office for six years, and head of mutual fund sales Asia for Bank of America Merrill Lynch. He also held roles at Van Hedge Funds and Safra Asset Management.
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Based in Singapore, Cappetta will report to Fiera Capital Asia executive director and chief executive Rob Petty.
“The region’s distinct appetite and preference for highly customisable investment solutions requires a personal connection to core markets,” said Petty, “and as we expand our offer to investors in Asia at all tiers it will be this nuanced appreciation for what motivates investment decision-making that sets apart our public and private market strategies and active management approach.”
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Cappetta added: “Investors in Asia are increasingly seeking new opportunities in alternative assets, such as private credit, real assets, and private equity. Fiera Capital’s robust presence across both private and public markets provides us with the ability to offer tailored solutions to meet client needs.
“As demand for diversified investments, particularly in alternatives and sustainable investing, continues to grow in the region, Fiera Capital is well-positioned to meet these evolving needs.”
Fiera Capital had more than $116.1bn (£87.2bn) assets under management as of 30 June 2024.
The company’s decision to expand its offering in Asia follows the recent appointment of CJ Morrell, head of Japan, who also began his career at Merrill Lynch before roles with JP Morgan and latterly Sloane Robinson Asset Management.
Cappetta’s appointment is the latest in a series of hires to broaden Fiera’s global expansion with the company announcing the opening of offices in Zurich, The Hague, and Abu Dhabi in 2024.
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