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Announced

PROVEN Investments to acquire Heritage Education Funds from Knowledge First.

Synopsis

PROVEN Investments, a venture capital trust, agreed to acquire Heritage Education Funds, a RESP company, from Knowledge First, a RESP company. Financial terms were not disclosed. "We strongly believe that this transaction will help Heritage International Scholarship Trust Plans thrive and grow within the Caribbean region, with a local and experienced wealth management leader at the helm, while allowing for focus and pace on advancing our Canadian strategies at home," Carrie Russell, Knowledge First Foundation President and CEO,.

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