First Nations Financial Markets (FNFM), a majority First Nations-owned investment dealer, launched Tuesday.
Formerly Agentis Capital Markets, the firm was rebranded in July, after six Alberta First Nations took a majority interest. Agentis was launched in March 2023 and is regulated by the Canadian Investment Regulatory Organization (CIRO). (Agentis Capital Markets remains the trade name of First Nations Financial Markets Limited Partnership.)
“The firm is designed to advance Indigenous prosperity and provide differentiated opportunities in financial markets,” FNFM said in a release.
FNFM is composed of: Athabasca Chipewyan First Nation (Treaty 8), Cold Lake First Nation (Treaty 6), Fort McMurray 468 First Nation (Treaty 8), Heart Lake First Nation (Treaty 6), Sawridge First Nation (Treaty 8) and Whitefish Lake #128 First Nation (Treaty 6).
The firm is registered as a type 2 introducing broker (Institutional Dealer Member) with CIRO, and as an investment dealer with securities regulators in B.C., Alberta, Saskatchewan, Manitoba and Ontario.
Agentis, a boutique advisory firm specializing in infrastructure finance and mergers and acquisitions has completed nearly $75 billion in transactions, FNFM said in the release.
FNFM will help institutional clients raise capital through equity and debt markets, building on experience in the mining sector. It also plans to expand into the oil and gas, energy, infrastructure, technology and diversified industries sectors.