Movac
VC Fund Manager based in Auckland
Key Facts
- Provider type
- VC Fund Manager
- Headquarters
- Auckland
- Established
- 1999 (25 yrs)
- NZBN
- 9429042545880 ↗
- AIP status
- Approved
- Open offers
- 1 open / 1 total
- Funds listed
- 1
- Website
- www.movac.co.nz
Last reviewed: 12 July 2026
About Movac
Movac is a New Zealand venture capital firm founded in 1999, giving it more than 25 years of investing history. Headquartered at 12 Allen Street, Te Aro, Wellington, the firm holds NZBN 9429042545880 and invests in high-growth New Zealand technology companies with established management teams and the ambition to scale globally past NZ$100 million in revenue. The vehicle listed on Wholesale Investor is Movac Growth 7, a NZ$150-200 million venture capital fund (minimum NZ$150 million, with potential for oversubscription to NZ$250 million). Movac Growth 7 appears on the NZTE Acceptable Managed Funds list for the Active Investor Plus (AIP) visa, added 1 December 2025 with a listed close date of 1 October 2026 (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 founding partner Phil McCaw, partners Jason Graham and Mark Vivian, and venture partners Lovina McMurchy and Ben Anderson. Offers of interests in Movac Growth 7 are made to wholesale investors under the Financial Markets Conduct Act 2013 (Schedule 1); minimum commitments, fees and terms are set out in Movac's own offer documents.
Location
Auckland
Established
1999
25 years track record
AIP Approved
Eligible for Active Investor Plus visa
Open Funds & Active Offers(1)
Key People (5)
Phil McCaw
Founding Partner
Leadership
Founding Partner of Movac with investment experience dating back to 1998. Led the firm through multiple fund vintages and established Movac as a leading New Zealand venture capital firm.
Jason Graham
Partner
Leadership
Joined Movac in 2012 and stepped up to Partner role in Fund 5. Brings extensive investment and portfolio management experience.
Mark Vivian
Partner
Leadership
Partner leading capital raising efforts for Movac's venture capital funds.
Lovina McMurchy
Venture Partner
Leadership
Former executive at Amazon and Microsoft. Brings Silicon Valley technology and scaling experience to Movac portfolio companies.
Ben Anderson
Venture Partner
Leadership
Silicon Valley-based Venture Partner providing US market access and expertise to Movac portfolio companies.
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Frequently Asked Questions
What is Movac?
Movac is a New Zealand venture capital firm founded in 1999, giving it more than 25 years of investing history. Headquartered at 12 Allen Street, Te Aro, Wellington, the firm holds NZBN 9429042545880 and invests in high-growth New Zealand technology companies with established management teams and the ambition to scale globally past NZ$100 million in revenue. The vehicle listed on Wholesale Investor is Movac Growth 7, a NZ$150-200 million venture capital fund (minimum NZ$150 million, with potential for oversubscription to NZ$250 million). Movac Growth 7 appears on the NZTE Acceptable Managed Funds list for the Active Investor Plus (AIP) visa, added 1 December 2025 with a listed close date of 1 October 2026 (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 founding partner Phil McCaw, partners Jason Graham and Mark Vivian, and venture partners Lovina McMurchy and Ben Anderson. Offers of interests in Movac Growth 7 are made to wholesale investors under the Financial Markets Conduct Act 2013 (Schedule 1); minimum commitments, fees and terms are set out in Movac's own offer documents.
Where is Movac based?
Movac is based in Auckland. New Zealand-domiciled funds are subject to the Financial Markets Conduct Act 2013 (FMCA) and oversight by the Financial Markets Authority (FMA).
Is Movac registered with the FMA?
Movac is holds NZBN 9429042545880. 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 Movac been operating?
Movac was established in 1999 and has a 25-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 Movac manage?
Movac currently lists 1 fund on Wholesale Investor NZ. 1 fund is flagged as Active Investor Plus (AIP) visa eligible per NZTE's Acceptable Managed Funds criteria.
What is the minimum investment in Movac's funds?
Minimum investments across Movac'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 Movac's funds eligible for the Active Investor Plus (AIP) visa?
Movac 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.