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Mackenzie Investments is a member of the IGM Financial Inc. (TSX: IGM) group of companies. IGM Financial is one of Canada's largest financial services companies by assets with over $262 billion in total assets under management. (Note: All figures as of June 30, 2021)
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The Nesbitt family sold most of their interest in Power Corporation to the Paul Desmarais group in 1968. [10] R. Jeffrey Orr was named Power Financial Corporation CEO in 2005. [11] By 2007, IGM Financial was the holding company for Power Corporation's investment fund companies. [10]
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[3] [59] It is now primarily owned by Power Corporation indirectly at 77.4% (the investments were through their holdings in Power Financial, IGM Financial, and Portag3). [ 60 ] In October 2020, Wealthsimple raised $114 million (US$87 million) in funding from an investor group led by Technology Crossover Ventures , in addition to Greylock ...