Direct Capital related stories
All articles and analysis
NZ Super’s new buyouts blueprintThe New Zealand sovereign wealth fund is on the hunt for lower mid-market managers amid plans to raise its PE allocation from 3% to 5%.
Direct Capital Private Equity raises NZ$425 millionThe New Zealand-based firm closed its sixth fund.
NZ Super Fund interim boss steps up to permanent CEOMatt Whineray, who has been with NZ Super since 2008, will take the helm of the $26.3 billion fund on 1 July.
NZ Super makes 19.8% portfolio gain in 2017The sovereign wealth fund has, however, warned that it expects returns to fall this year as asset classes globally remain above full value.
- NZ Super to boost domestic investments
The Auckland-based sovereign wealth fund plans to accelerate direct investments in the country, adding to its $3.5bn domestic portfolio.
NZ’s Direct Capital closes oversubscribed fund on $270mThe Auckland-based firm beat its target for Direct Capital V which will invest in mid-sized businesses in New Zealand and Australia.
- NZ Super to invest in three funds
NZ Super will invest NZD260m locally in the next 10 years.
- NZ Super to invest $180m in SMEs
Direct Capital, Pioneer Capital and Movac will each manage between $35m to $83m.
- Archer Capital sells Healthe Care
The Australian firm has sold Healthe Care to China’s Luye Medical Group for $700 million and reportedly acquired a stake in New Zealand Pharmaceuticals.
- Direct Capital exits Transaction Services Group
New Zealand’s Direct Capital has sold its stake in TSG after five years during which the company trebled in size and expanded beyond Australasia.