In March 2022, Marlette Holdings, Inc., the operator of the Best Egg financial platform, secured $225 million in Series E preferred equity financing. This funding round was led by the Healthcare of Ontario Pension Plan (HOOPP), with participation from investment funds advised by Davidson Kempner Capital Management LP and a large international bank. Guggenheim Securities LLC served as the financial advisor, and Simpson Thacher & Bartlett LLP provided legal counsel to Marlette for this transaction.