FNZ raises $450m from existing shareholders

FNZ has raised new equity funding to the tune of $450m from its existing swathe of institutional shareholders including, in no particular order, CPP Investments of Canada, La Caisse, Motive Partners and Generation Investment Management.

FNZ brags over USD $2.5 trillion assets on platform (AoP).

It provides a platform to large banks, insurers and wealth/asset managers to run investment, pension and wealth management services.