Overview
DE Capital Fund is an evergreen, open-ended private equity fund managed by DE Capital in Auckland, available to wholesale investors only. The fund provides senior secured loans combined with warrants to mid-market New Zealand businesses, offering both debt-like downside protection and equity upside participation. It is eligible for the Active Investor Plus visa under the growth category, appearing on the NZTE Acceptable Managed Funds list.
Fund Overview
Senior secured loans plus warrants to mid-market NZ businesses with equity upside
Asset Class
Private Equity
Structure
Open-ended
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Quick Info
This information is for wholesale investors only and does not constitute financial advice. All investments carry risk. Please seek professional advice before making investment decisions.
Frequently Asked Questions
What is DE Capital Fund?
Senior secured loans plus warrants to mid-market NZ businesses with equity upside
Who manages DE Capital Fund?
DE Capital Fund is managed by DE Capital (FSPR FSP1004362, NZBN 9429047502291) based in Auckland. Manager registration on the Financial Service Providers Register is a legal requirement under the Financial Service Providers (Registration and Dispute Resolution) Act 2008 and does not itself constitute an endorsement.
What asset class is DE Capital Fund?
DE Capital Fund is classified as Private Equity on Wholesale Investor NZ. Asset-class classification reflects the fund's stated investment focus per its Information Memorandum and is provided for navigation purposes only — review the IM for the full strategy and risk profile.
Is DE Capital Fund evergreen or a closed-end fund?
DE Capital Fund is an evergreen fund — it is permanently open for subscription rather than running on fixed vintages. New investors can typically apply at any time subject to capacity, manager discretion, and the fund's stated subscription windows. Redemption terms are set in the Information Memorandum and vary by fund.
What is the minimum investment in DE Capital Fund?
Minimum investments across DE Capital Fund's currently listed offers range from NZ$100K. Minimums are set per offer and may change for new vintages — confirm the current minimum in the relevant Information Memorandum before subscribing.
Is DE Capital Fund wholesale-only?
Yes — DE Capital Fund is offered on a wholesale-only basis under Schedule 1 of the Financial Markets Conduct Act 2013. Subscription requires self-certification under one of the seven Schedule 1 pathways (typically the NZ$5M net-assets "large person" pathway or an accountant- or lawyer-signed eligible-investor certificate per Clauses 38-40). Wholesale-only funds do not publish a retail Product Disclosure Statement and do not appear on the Disclose Register.
When was DE Capital Fund launched?
DE Capital Fund was launched in 2009. Operational tenure is one input to evaluating manager track record but does not itself indicate likely future performance — past performance is not a reliable indicator of future returns per FMA fair-dealing guidance. Request audited financial statements covering the full operating period before subscribing.
Where can I read the IM or PDS for DE Capital Fund?
DE Capital Fund is a wholesale-only fund and the manager does not publish a retail-accessible Information Memorandum on Wholesale Investor NZ. Wholesale-only funds typically share the IM directly with prospective investors after a Schedule 1 self-certification under the Financial Markets Conduct Act 2013. Contact the manager to request the IM and the certification process.