Flow-through tax structure for wholesale investors
Target 20%+ IRR from new economy

15-20% p.a. from global expansion

by ForthCo
Mid-market PE with quarterly liquidity

12-15% p.a. from retirement villages
12-18% p.a. from co-investment

by Bancorp
10-15% p.a. with impact focus

10% p.a. secured by completed homes
Invest in NZ's globally successful kiwifruit industry
Solar infrastructure with 10-12% returns

9-12% p.a. quarterly distributions

by Seedling
9% pre-tax IRR from sustainable dairy
Forestry with carbon credit potential

8-12% p.a. from proven debt strategy
28.63% IRR from Fund 1
by Movac
Top decile returns, 25+ years experience

$250m FUM, $1B FUA track record

Seed to Series A deep-tech focus

by NZVC
Top 5% Fund 1, 50% lower valuations

Top-quartile Fund I, 20+ companies
by WNT Ventures
Top quartile with proven exits

by Ryft
4-6 venture studio companies
by GD1
Anchored by NZ Government largest VC investment
by GD1
Upper quartile performance continues
Impact investing with sustainability outcomes

Active hands-on management

by Maūi Toa
Māori owned and led VC
Climate-tech specialist with track record

by Point16
Fintech fastest-growing sector (32% CAGR)

Female scientist-led deep tech
Largest deep-tech VC in NZ

by Matū Karihi
17 science & tech companies backed
NZ's most active early-stage VC

15% IRR target, industry backed
Access Limited Partnership (LP) investment opportunities in New Zealand. LP structures provide flow-through taxation where income, expenses, and tax credits flow directly to investors. Common in venture capital, private equity, and alternative investments. LPs offer flexibility in tax treatment, clear legal structure, and are familiar to institutional investors. Partners file individual tax returns reflecting their share of partnership income.
Limited Partnerships provide flow-through taxation. Income, losses, and tax credits flow directly to limited partners who report their share on individual tax returns. Tax is paid at your marginal rate, not at fund level.
LPs provide flow-through taxation at your marginal rate, while PIE funds tax at your PIR (often lower). LPs require individual tax returns, PIEs don't. LPs are common for PE/VC, PIEs for property/credit. Neither is universally better - it depends on your situation.
Yes. The LP will provide an annual tax statement showing your share of income, expenses, and credits. You include these in your personal tax return. Many investors work with accountants familiar with LP structures.
Important Information
This website is an information directory only and does not constitute financial advice. The information provided is general in nature and does not take into account your individual financial situation, objectives, or needs. Past performance is not indicative of future results.
Investment in wholesale products involves risk, including possible loss of principal. Wholesale investors do not have the same protections as retail investors under the Financial Markets Conduct Act 2013.
Before making any investment decision, you should seek independent financial, legal, and tax advice from appropriately qualified professionals. Wholesale Investor does not recommend or endorse any particular investment or fund manager.