FNZ Secures $650 Million in New Equity Funding

The international wealth management technology provider FNZ has announced $650 million in fresh equity funding from its institutional shareholders.While a statement announcing the funding lacked details on how much its investors contributed, the firms involved in the round included La Caisse, Generation Investment Management, Canada Pension Plan Investment Board (CPP Investments) and Motive Partners, as well as some of FNZ’s clients, including Aberdeen Group PLC, Aviva PLC, FirstCape, Ninety One and Nucleus ...