ForthCo
Fund Manager based in Auckland, New Zealand
Key Facts
- Provider type
- Fund Manager
- Headquarters
- Auckland, New Zealand
- Established
- 2020 (5 yrs)
- NZBN
- 9429047890183 ↗
- AIP status
- Approved
- Open offers
- 1 open / 1 total
- Funds listed
- 1
- Website
- www.forthco.nz
Last reviewed: 12 July 2026
About ForthCo
ForthCo is a New Zealand mid-market private equity firm that partners with business owners and management teams to build more valuable companies. Founded in 2020 and based at Level 2, 33 College Hill, Freemans Bay, Auckland, ForthCo brings capital, capability and long-term commitment to productive New Zealand businesses, focusing on active, hands-on investment — working alongside founders to accelerate growth, improve operations and unlock value. The firm is a member of the New Zealand Private Capital Association and holds NZBN 9429047890183. The vehicle listed on Wholesale Investor is the Active Long Term Growth Fund, an open-ended (evergreen) limited partnership backing proven, profitable New Zealand businesses with enterprise values of roughly NZ$10–100 million. The fund offers quarterly distributions and quarterly redemption windows, with a NZ$100,000 minimum investment for wholesale investors. The Active Long Term Growth Fund appears on the NZTE Acceptable Managed Funds list for the Active Investor Plus (AIP) visa, added 27 August 2025 under the listing "ForthCo Limited" (list dated 15 June 2026), and is recorded in this directory under the AIP Growth category — which under current settings requires a NZ$5 million investment over 36 months. The team recorded in this directory includes Henry Withers (Executive Chairman), Phil Veal (Managing Director), Rebecca Robinson (COO / Head of Portfolio Operations), Thomas Redford (Investment Director), Stefanie White (Finance Director) and Jonty Sabiston (Investment Analyst). Offers of interests in the fund are made to wholesale investors under the Financial Markets Conduct Act 2013 (Schedule 1) via ForthCo's own offer documents.
Location
Auckland, New Zealand
Established
2020
5 years track record
AIP Approved
Eligible for Active Investor Plus visa
Open Funds & Active Offers(2)
Active Long Term Growth Fund
OpenOpen-ended PE fund backing proven, profitable NZ businesses ($10-100M EV) with quarterly distributions and redemptions
Active Long Term Growth Fund
Always OpenOpen-ended private equity fund managed by ForthCo Limited, backing proven profitable NZ businesses ($10-100M EV) with quarterly distributions and redemptions. Target return 12% p.a. $100,000 minimum. AIP Growth Category pre-approved (NZTE-listed as "ForthCo Limited" 2025-08-27).
Key People (6)
Henry Withers
Executive Chairman
Leadership
Executive Chairman of ForthCo. Brings extensive governance and strategic advisory experience to the firm's portfolio companies and investment decisions.
20 years of experience
Rebecca Robinson
COO / Head of Portfolio Operations
Operations
COO and Head of Portfolio Operations at ForthCo
Thomas Redford
Investment Director
Investment
Investment Director at ForthCo
Jonty Sabiston
Investment Analyst
Investment
Investment Analyst at ForthCo
Stefanie White
Finance Director
Finance
Finance Director at ForthCo
Phil Veal
Managing Director
Leadership
Managing Director of ForthCo and experienced private equity leader with over 25 years across a range of industry sectors. Previously Chief Executive of Rangatira and ran New York-based M&A consulting company PIPC. A qualified civil engineer (University of Canterbury), Phil started his career as a construction manager on infrastructure projects in Europe and Asia. Currently serves on the boards of Natural Habitats and the New Zealand Air Ambulance Service, and sits on the IoD Chapter Zero NZ steering committee.
25 years of experience
Qualifications:
- BE(Hons) Civil Engineering, University of Canterbury
- IoD Member
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Quick Info
Frequently Asked Questions
What is ForthCo?
ForthCo is a New Zealand mid-market private equity firm that partners with business owners and management teams to build more valuable companies. Founded in 2020 and based at Level 2, 33 College Hill, Freemans Bay, Auckland, ForthCo brings capital, capability and long-term commitment to productive New Zealand businesses, focusing on active, hands-on investment — working alongside founders to accelerate growth, improve operations and unlock value. The firm is a member of the New Zealand Private Capital Association and holds NZBN 9429047890183. The vehicle listed on Wholesale Investor is the Active Long Term Growth Fund, an open-ended (evergreen) limited partnership backing proven, profitable New Zealand businesses with enterprise values of roughly NZ$10–100 million. The fund offers quarterly distributions and quarterly redemption windows, with a NZ$100,000 minimum investment for wholesale investors. The Active Long Term Growth Fund appears on the NZTE Acceptable Managed Funds list for the Active Investor Plus (AIP) visa, added 27 August 2025 under the listing "ForthCo Limited" (list dated 15 June 2026), and is recorded in this directory under the AIP Growth category — which under current settings requires a NZ$5 million investment over 36 months. The team recorded in this directory includes Henry Withers (Executive Chairman), Phil Veal (Managing Director), Rebecca Robinson (COO / Head of Portfolio Operations), Thomas Redford (Investment Director), Stefanie White (Finance Director) and Jonty Sabiston (Investment Analyst). Offers of interests in the fund are made to wholesale investors under the Financial Markets Conduct Act 2013 (Schedule 1) via ForthCo's own offer documents.
Where is ForthCo based?
ForthCo is based in Auckland, New Zealand. New Zealand-domiciled funds are subject to the Financial Markets Conduct Act 2013 (FMCA) and oversight by the Financial Markets Authority (FMA).
Is ForthCo registered with the FMA?
ForthCo is holds NZBN 9429047890183. FSPR registration is a legal requirement for entities providing financial services in New Zealand and does not itself constitute an endorsement. Verify current standing at the FSP register before investing.
How long has ForthCo been operating?
ForthCo was established in 2020 and has a 5-year track record. Past performance and operational history are not reliable indicators of future returns — review the fund's Information Memorandum and audited financial statements before investing.
What funds does ForthCo manage?
ForthCo currently lists 1 fund on Wholesale Investor NZ, of which 1 is evergreen (permanently open for subscription rather than time-bounded vintages). 1 fund is flagged as Active Investor Plus (AIP) visa eligible per NZTE's Acceptable Managed Funds criteria.
What is the minimum investment in ForthCo's funds?
Minimum investments across ForthCo'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 offer's Information Memorandum. Wholesale-only offers also require self-certification under FMCA Schedule 1 before subscription.
Are ForthCo's funds eligible for the Active Investor Plus (AIP) visa?
ForthCo is flagged as AIP-approved on Wholesale Investor NZ, with 1 fund carrying the NZTE-pre-approved AIP eligibility marker. AIP visa applicants must invest at least NZ$5 million in Growth Category investments held for 36 months (or NZ$10 million Balanced held for 60 months) per Immigration New Zealand's current rules. Eligibility determination sits with NZTE + Immigration NZ — confirm against the live NZTE Acceptable Managed Funds list before relying on this classification.