Key Facts
- Provider type
- Fund Manager
- Headquarters
- Auckland
- Established
- 1994 (30 yrs)
- NZBN
- 9429048716864 ↗
- AIP status
- Approved
- Open offers
- 1 open / 1 total
- Funds listed
- 2
Last reviewed: 19 May 2026
About PCG
30+ years credit experience with weekly liquidity PIE structure
Location
Auckland
Established
1994
30 years track record
AIP Approved
Eligible for Active Investor Plus visa
Funds Managed (2)
PCG New Zealand Economic Resilience Fund
Senior secured infrastructure + real-asset loan fund targeting gross fund IRR of 12.5-14.5% p.a. (before fees and tax) with minimum PIRR hurdle of 7.0%. Focus: capital preservation, robust credit underwriting, transparent reporting. Sister to PCG Diversified NZ Private Debt. AIP Growth Category (NZTE 2026-02-03).
PCG Diversified New Zealand Private Debt Fund
Open-ended PIE with senior secured loans and weekly liquidity
Open Funds & Active Offers(2)
PCG Diversified New Zealand Private Debt Fund
OpenOpen-ended PIE with senior secured loans, weekly liquidity, and monthly cash distributions
PCG Diversified New Zealand Private Debt Fund
Always OpenOpen-ended PIE with senior secured loans and weekly liquidity
Key People (4)
John Ferrara
Director
Leadership
Director appointed February 2020. Part of PCG leadership managing private debt financing solutions to NZ businesses.
Paul Carman
Founder and CEO
Leadership
Founder and Managing Partner of Private Capital Group. Queenstown-based leader of NZ's only independent private credit manager. Focus solely on corporate private debt management. Company 100% owned by Executive, Board and Advisory Committee members.
Matthew Carman
Director
Leadership
Director of Private Capital Group since August 2019. Part of leadership team managing New Zealand private debt solutions.
Andrew Golding
Chair
Leadership
Chair of Private Capital Group. Seasoned, experienced and well respected figure in global private credit market.
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Quick Info
Frequently Asked Questions
What is PCG?
30+ years credit experience with weekly liquidity PIE structure
Where is PCG based?
PCG 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 PCG registered with the FMA?
PCG is holds NZBN 9429048716864. 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 PCG been operating?
PCG was established in 1994 and has a 30-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 PCG manage?
PCG currently lists 2 funds on Wholesale Investor NZ, of which 1 is evergreen (permanently open for subscription rather than time-bounded vintages). 2 funds are flagged as Active Investor Plus (AIP) visa eligible per NZTE's Acceptable Managed Funds criteria.
What is the minimum investment in PCG's funds?
Minimum investments across PCG'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 PCG's funds eligible for the Active Investor Plus (AIP) visa?
PCG is flagged as AIP-approved on Wholesale Investor NZ, with 2 funds 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.