Well, I see no official confirmation anywhere yet but it looks like former IAM shareholders received C$0.256 or something like that per CVR today. Some armchair research (i.e. Google) leads to this: Fiera divested the GPM 11 fund (
link) earlier this year which was ahead of schedule, as far as I know. GPM 11 and GPM 12 were the two funds connected to the CVR (
link), with GPM-11 scheduled to mature in 2021 and GPM-12 in 2024.
So, it looks like only one of the funds was divested yet it already paid out as much as the CVR was valued at during the deal ($0.257 undiscounted, $0.174 discounted, if my notes are correct). So, a large payout, way faster than expected and still more expected. And best of all, I got paid to own the CVR. Super nice.
This was already one of my favorite trades in 2019, before the CVR actually paid out anything, but now it certainly is.