Investment Committee

Jean-Guy Desjardins Jean-Guy Desjardins C.M., L.SC. COMM., CFA

Chairman of the board and Chief Executive Officer, Fiera Capital Corporation

Jean-Guy Desjardins is Chairman of the board and Chief Executive Officer of Fiera Capital Corporation, an independent investment management firm that he created in 2003. 

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The firm has since continued its expansion by way of several acquisitions across North America.

After working as a financial analyst and portfolio manager for a life insurance company, Mr. Desjardins co-founded TAL Global Asset Management in 1972 and was its principal shareholder until its purchase by a financial institution in 2001.

Mr. Desjardins is a member of the Board of Directors of the Société de Services Financiers Fonds FMOQ, HEC Montréal, DJM Capital Inc., and Centria Inc. He also serves as Chairman of the Board of Fiera Properties Limited.

Mr. Desjardins supports a variety of community and social programs, in particular as a member of the Council of Governors of Centraide of Greater Montréal. He also sits on the Investment Committee of the Canadian Centre for Architecture and on the Executive Committee and the Board of Directors of the Orchestre Symphonique de Montréal.

Mr. Desjardins graduated from Collège Mont-Saint-Louis in 1966 with a Bachelor of Arts. In 1969, he earned his L.Sc.Comm. (Finance) from HEC Montréal. Mr. Desjardins is also a CFA Charterholder. He was appointed to the Order of Canada in December 2014 and, in 2015, received the CFA Institute Award for Excellence, the highest and most prestigious distinction bestowed by the CFA Institute.

Alina Osorio Alina Osorio BEng, P.Eng., MBA, CFA

President

Alina Osorio is responsible for leading Fiera Infrastructure and overseeing the firm’s investment, asset management and finance teams.

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Alina is a seasoned professional in the utility and infrastructure investment and financing sector. She has worked as an infrastructure investment professional and has been a key player in the sector for more than two decades.

Her many years of experience stem from her roles as an equity research analyst covering Canadian utility companies, an investment banker in the infrastructure sector , a principal investor, and finally, as a portfolio strategist for a major Canadian pension fund. She has extensive experience and a solid track record in her field.

Before joining Fiera Infrastructure, she was CEO of Aquila Infrastructure, where she oversaw the creation of the firm and its growth to more than $225 million in assets under management. Prior to that, she was CEO of the Macquarie Essential Assets Partnership (“MEAP”), North America’s first unlisted infrastructure fund, which invested in Canada and the United States. Under her leadership, MEAP pursued and assessed numerous opportunities, completed five acquisitions and one divestment. Alina went on to lead the infrastructure program at OPTrust, with a capital allocation of $2.5 billion. In this role, she was responsible for setting strategic direction, overseeing investment strategies and acquisitions, and managing an infrastructure portfolio in excess of $1 billion.

Alina holds a bachelor’s degree in Engineering from McGill University and an MBA from the Schulich School of Business. She is also a Chartered Financial Analyst and a Professional Engineer in the Province of Ontario.

John Valentini John Valentini

Global Chief Financial Officer and Head of Private Alternative Investments, Fiera Capital Corporation

Mr. John Valentini is the Global Chief Financial Officer and Head of Private Alternative Investments of Fiera Capital Corporation.

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In his role as Global Chief Financial Officer, he has the overall responsibility to manage the finance, information technology and investment operations, legal and compliance and enterprise risk management functions, as well as playing a key role in strategic initiatives. 

Mr. Valentini also has the responsibility to oversee and support the growth and development of Fiera Capital’s private alternative investment strategies, including Fiera Comox, Fiera Infrastructure, Fiera Private Debt and Fiera Properties. 

Mr. Valentini has over 16 years of experience as a senior executive in managing both public and private organizations, including in the area of investment management. Prior to joining Fiera Capital, he held the positions of Executive Vice President, Chief Operating Officer and Chief Financial Officer at PSP Investment Inc., Chief Financial Officer at BCE Emergis and Executive Vice President and Chief Financial Officer at Cognicase Inc., as well as senior positions in Corporate Finance at PricewaterhouseCoopers, Caisse de depot and placement du Quebec and Ernst & Young. 

Mr. Valentini holds a Bachelor of Commerce (Great Distinction) and Graduate Diploma in Public Accountancy from McGill University, and is an Advanced Management Program Graduate of Wharton, University of Pennsylvania. He also holds the following professional designations: Chartered Professional Accountant, Chartered Business Valuator and Accredited Senior Appraiser. He is also a graduate of the Institute of Corporate Directors.

Ghislain Gauthier Ghislain Gauthier CFA

Member, Independent Investment Committee

Ghislain Gauthier is an independent member of the Investment Committee and sits on the Board of Fiera Infrastructure Inc.

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From 2010 to 2013, he was Chief Investment Officer of Citi Infrastructure Investors in New York and was also Chair of its Investment Committee. Following a few years with the Business Development Bank of Canada and Export Development Canada, Mr. Gauthier joined the Caisse de dépôt et placement du Québec in 1982 where he worked primarily in private investments. While at the Caisse, he has been responsible for the management and growth of a substantial North American and European portfolio of corporate securities in the energy and infrastructure sectors. 

Mr. Gauthier graduated in administration from the Université du Québec in Chicoutimi and is a CFA Charterholder.

Bill McKenzie Bill McKenzie MBA, CFA, CPA, CMA, ICD.D

Member, Independent Investment Committee

Bill McKenzie is a member of the Board of Directors and the Investment Committee of Fiera Infrastructure.

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He is a director/advisor for private companies, three private equity funds and a private debt fund. Bill McKenzie & Associates Inc. provides corporate finance, governance and strategic advisory services. 

Bill McKenzie has extensive experience in private investments. He has made major contributions as an investor, director and corporate executive, leading more than 20 private investments and serving as a director of more than 20 companies.

Bill was Senior Vice President of AIMCo, a $70 billion institutional investor, where he led a team to source, assess, negotiate and actively manage direct international infrastructure investments in excess of $2 billion. He was a member of the AIMCo Executive and Investment committees. Bill was Vice President of one of Canada’s largest and most active private equity investment firms for 15 years. He initiated venture capital investments that led to 5 companies being acquired by strategic buyers, 3 IPOs and 3 acquisitions of venture capital ownership positions. As Vice President, Corporate Development of Churchill (now Stuart Olson Construction), Bill led initiatives to accelerate growth and enhance profitability and value, including acquisitions and divestitures, becoming listed on the Toronto Stock Exchange, and attracting institutional investor interest and research coverage. 

Bill McKenzie holds an MBA from Harvard Business School and a Bachelor’s degree in Business Administration from the University of Regina, plus designations as a Chartered Financial Analyst, Chartered Professional Accountant and Certified Management Accountant.  He has also completed the ICD professional director program.

François Bourdon François Bourdon FCIA, FSA, CFA, PRM

Chief Investment Solutions Officer, Fiera Capital Corporation

In his role as Chief Investment Solutions Officer at Fiera Capital Corporation, Mr. Bourdon supports business units in the development of new investment strategies, in collaboration with the CIO Office.  

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He is also responsible for communicating Fiera Capital’s views related to the economy and investments and is jointly responsible for asset allocation decisions as well as for the management of the Global Bond, Multi Strategy Income and other non-traditional income strategies.

Mr. Bourdon has 21 years of industry experience and has been with the firm since its inception. Over the course of his career, he has held various positions including Associate Chief Investment Officer, Portfolio Manager – Quantitative Research, Director - Sales Strategies and Product Development as well as a consultant with leading Canadian investment management and life insurance organizations.

Mr. Bourdon graduated from Concordia University with a Bachelor of Mathematics (BMath) with a major in Actuarial Sciences. He later became a Fellow of the Society of Actuaries (FSA) and a fellow of the Canadian Institute of Actuaries (FCIA). He also obtained the Chartered Financial Analyst (CFA) and Professional Risk Manager (PRM) designations.