Direct Capital overview
Stories about Direct Capital
NZ’s Direct Capital closes oversubscribed fund on $270m
The 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 $180m in SMEs
Direct Capital, Pioneer Capital and Movac will each manage between $35m to $83m.
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.
Direct Capital raises NZ$200m for Fund IV
The New Zealand-focused firm needs to raise NZ$50m more to reach its final close target.
Direct Capital raises NZ$83m from retail investors
The New Zealand-focused private equity firm has raised NZ$82.5 million for its second retail fund, which will invest alongside its fourth buyout fund. Direct Capital aims to raise NZ$250m for the two funds combined.
Direct Capital launches NZ$250m fund
The New Zealand-focused private equity firm has started fundraising for its fourth fund, which though almost twice the size of its predecessor is targeting NZ$100m less than originally planned.
Direct Capital to launch NZ$350m fund
The Auckland firm has also acquired a 45 percent stake in New Zealand King Salmon, the country's largest aquaculture company.
Catalyst Investment acquires stake in catalogue company(2)
Sydney-based Catalyst Investment Managers has acquired a 43.5 percent stake in EziBuy, an Australasian apparel and home décor catalogue company. The investment provided an exit for Direct Capital, a private equity firm in New Zealand.
Direct Capital contact information
Offices
Level 9, 51 Shortland Street, Auckland, , New ZealandContacts
| Name | Job title | Location | |
|---|---|---|---|
Key Contact Mr. Andrew Frankham | Job titlePartner and Chief Financial Officer | LocationAuckland, New Zealand | Email  ------ |
| Mr. Hugh Cotterill | Job titleManaging Partner | LocationAuckland, New Zealand | Email ---------- |
| Mr. Heath Kerr | Job titleManaging Partner | LocationAuckland, New Zealand | Email -------- |
| Mr. Paddy Carter | Job titleInvestment Manager | LocationAuckland, New Zealand | Email --------- |
Direct Capital funds managed
Closed funds: 7
| Fund | Fund size | Close date | Strategy |
|---|---|---|---|
Fund size -------- | Close dateMar 2025 | Strategy ------- | |
Fund size ------- | Close dateJul 2020 | Strategy ---------- | |
Fund size ---------- | Close dateDec 2017 | Strategy ----------- | |
Stories that mention Direct Capital
NZ Super’s new buyouts blueprint
The 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%.
NZ Super Fund interim boss steps up to permanent CEO
Matt 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 2017
The 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 Super to invest in three funds
NZ Super will invest NZD260m locally in the next 10 years.
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.
ASSET CLASS: FUNDS IN MARKET - October 2009
ASSET CLASS: FUNDS IN MARKET 2009-10-01 Staff Writer ASSET CLASS: FUNDS IN MARKET NAME OF FUND NAME OF
NZL Super to back smaller growth companies
The New Zealand Superannuation Fund will allocate capital to managers investing in smaller high-growth companies with an enterprise value of between NZ$15m-NZ$50m.