News

Lending agency offers up to $5 million in rebates to financial services firm

HALIFAX – Nova Scotia’s business development agency says it is amending a payroll rebate agreement to offer up to $5 million to a financial services firm to help it expand in Halifax.

Nova Scotia Business Inc. says Conifer Financial Services will get all of the money if it creates 350 jobs over seven years.

The company’s Halifax office opened in 2013 and serves Conifer’s worldwide client base.

The office offers fund accounting services and investor services to hedge funds, private equity and venture capital funds as well as asset owners, such as foundations and endowments.

San Francisco-based Conifer Financial Services has over 200 clients worldwide representing more than $110 billion of combined assets.