Hunter Diversified Private Credit Fund
Managed by Hunter Capital
Overview
The Hunter Diversified Private Credit Fund is an Auckland-based private credit fund managed by Harbour Asset Management Limited, offering diversified exposure to non-bank lending across a range of private credit strategies. Structured as an open-ended unit trust, it provides monthly redemptions, though gate provisions allow redemptions to be suspended or deferred under certain market conditions. The fund targets a return meaningfully above the Official Cash Rate over a rolling three-year period and distributes income quarterly. It is available to wholesale and eligible investors only and has been operating since late 2016.
Fund Overview
Diversified exposure to non-bank lending with monthly liquidity and 7+ years track record
Asset Class
Private Credit
Structure
Open-ended
Fund Documents
Documents are published by the issuer. Review the current version in full and seek independent advice before investing.
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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 Hunter Diversified Private Credit Fund?
Diversified exposure to non-bank lending with monthly liquidity and 7+ years track record
Who manages Hunter Diversified Private Credit Fund?
Hunter Diversified Private Credit Fund is managed by Hunter Capital (NZBN 9429038949227) 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 Hunter Diversified Private Credit Fund?
Hunter Diversified Private Credit Fund is classified as Private Credit 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 Hunter Diversified Private Credit Fund evergreen or a closed-end fund?
Hunter Diversified Private Credit 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 Hunter Diversified Private Credit Fund?
The minimum investment is NZ$100K per the fund's current Information Memorandum. Minimums may change for new vintages or at manager discretion — confirm the current minimum directly with the manager before subscribing.
Is Hunter Diversified Private Credit Fund wholesale-only?
Yes — Hunter Diversified Private Credit 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.
Is Hunter Diversified Private Credit Fund a PIE fund?
Hunter Diversified Private Credit Fund is structured as a Portfolio Investment Entity (PIE). PIE distributions are tax-paid at the investor's Prescribed Investor Rate (PIR), capped at 28% per Inland Revenue's PIE rules. PIRs are 10.5%, 17.5%, or 28% depending on the investor's prior-year taxable income. The PIE structure is generally favourable for investors whose marginal tax rate is above 28% (currently above NZ$78,100 of taxable income).
What is the management fee for Hunter Diversified Private Credit Fund?
Hunter Diversified Private Credit Fund charges a management fee of 0.83% per annum, sourced from the fund's current Information Memorandum. Fees may be charged on a different basis for different unit classes — confirm the fee schedule applicable to your subscription with the manager. Performance fees, entry/exit fees, and reimbursable expenses may apply in addition; the IM itemises the full fee stack.
Is Hunter Diversified Private Credit Fund eligible for the Active Investor Plus (AIP) visa?
Hunter Diversified Private Credit Fund is flagged as AIP-eligible on Wholesale Investor NZ, indicating it appears (or has appeared) on NZTE's Acceptable Managed Funds list for AIP visa applicants. The visa requires NZ$5M (Growth Category, 36-month hold) or NZ$10M (Balanced Category, 60-month hold) in acceptable investments held continuously for the full period. Eligibility determination sits with NZTE + Immigration NZ — verify against the live NZTE list before relying on this classification, and see our AIP eligibility guide for the full statutory framework.
When was Hunter Diversified Private Credit Fund launched?
Hunter Diversified Private Credit Fund was launched in 2017. 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.
What is the target return for Hunter Diversified Private Credit Fund?
Per the fund's current Information Memorandum, the target return is: "4% per annum higher than the New Zealand Official Cash Rate over a rolling 3-year period". Target returns are forward-looking projections set by the manager and are not guarantees of future performance. Actual returns may differ materially from target. Review the IM's full target-return language, fee deductions, and accompanying risk factors before relying on this figure.
How can I redeem from Hunter Diversified Private Credit Fund?
Redemption windows are monthly, per the fund's current Information Memorandum. The manager may suspend or defer redemptions in the interests of investors as a whole — review the IM's gate-provision language for the full mechanics. Wholesale funds with monthly or quarterly redemptions are not equivalent to bank-style on-demand liquidity.
Where can I read the IM or PDS for Hunter Diversified Private Credit Fund?
Hunter Diversified Private Credit Fund has a public Product Disclosure Statement (PDS), Statement of Investment Policy and Objectives (SIPO) linked from its Wholesale Investor NZ profile page. Documents are sourced from the manager's own published disclosures. Some wholesale funds gate full disclosure behind a wholesale-investor self-certification — review the document index on the fund page and contact the manager if a specific document is not surfaced.