FNZ, the global wealth-management platform, has secured $1.4 billion in new equity funding from Canada Pension Plan Investment Board and Motive Partners, in one of the largest primary-equity raises in the wealth-management sector.
The fundraising values FNZ at more than $20 billion as it continues its geographical expansion.
FNZ combines technology, infrastructure and investment operations in a single state-of-the-art platform that frees its institutional customers to create hyper-personalized and innovative products and services that are seamlessly aligned with the needs of their clients.
FNZ works with over 650 financial institutions to empower more than 20 million people from all wealth segments, including savings and retirement, affluent and high-net worth, to create wealth through long-term investment, aligned with things they care about the most, and on their own terms.
In the last five years, it has grown assets under administration s