On February 14, 2022, FNZ, a global wealth management platform, secured a massive $1.8 billion (US$1.4 billion) in equity funding from Canada Pension Plan Investment Board (CPP Investments) and Motive Partners, marking one of the largest primary equity raises in the wealth management sector. This funding values FNZ at over $25 billion (US$20 billion). The capital will accelerate FNZ's growth through increased R&D and expansion in new markets, particularly North America. CPP Investments contributed $1.4 billion (US$1.1 billion) of the total investment.

Since its inception in 2003 in New Zealand, FNZ has seen exponential growth, managing over $2 trillion (US$1.5 trillion) in assets and partnering with over 650 financial institutions worldwide. The company integrates technology, infrastructure, and investment operations on a single platform, enabling personalized and innovative financial services.

Lazard & Co. Limited served as the exclusive financial advisor, while Allen & Overy LLP was the lead legal advisor for FNZ. Kirkland & Ellis provided legal counsel to CPP Investments and Motive Partners. This strategic infusion of funds is set to bolster FNZ’s presence in the wealth management industry, targeting a greater share of the global $127 trillion (US$100 trillion) wealth market. FNZ's growth trajectory remains robust, underpinned by strong investor confidence and a commitment to enhancing its core platform and customer offerings.