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Previously Unavailable

VC Fund Manager based in Auckland

VC Fund ManagerAIP Approved6 Years Track Record
2019
Year Established
0
Open Opportunities

About Previously Unavailable

B2B SaaS specialist with Brand Fund achieving 28.63% IRR and top decile performance

Location

Auckland

Established

2019

6 years track record

AIP Approved

Eligible for Active Investor Plus visa

Key People (5)

JH

James Hurman

Founding Partner

Leadership

Founded Previously Unavailable in 2014. Brings extensive creative and strategic expertise to early-stage investment in innovative New Zealand businesses.

SP

Simon Pound

Co-Founder

Leadership

Co-founder of Previously Unavailable with experience in media, economics, and innovation investment.

CB

Connon Bray

Co-Founder

Leadership

Co-founder bringing entrepreneurial and investment experience to the firm.

CP

Chris Paykel

Co-Founder

Leadership

Co-founder with background in technology and business development.

PD

Phoebe Devine

Co-Founder

Leadership

Co-founder contributing creative and strategic vision to the investment firm.

Get Started

Quick Info

Provider TypeVC Fund Manager
Funds1
AIP StatusApproved

Frequently Asked Questions

How do I verify a provider is legitimate and trustworthy?

Conduct thorough due diligence before investing with any provider: (1) Check FMA Register - Verify the provider is licensed or registered with the Financial Markets Authority (www.fma.govt.nz/compliance/entities), (2) Review track record - Research past fund performance, years in operation, total funds under management, (3) Check key personnel - Research investment team backgrounds, LinkedIn profiles, previous roles and experience, (4) Request references - Ask to speak with existing investors or portfolio companies, (5) Review documentation - Read Information Memoranda, trust deeds, audited financial statements thoroughly, (6) Understand fee structures - Ensure fees are clear, reasonable, and aligned with industry norms, (7) Check for red flags - Promises of guaranteed returns, pressure to invest quickly, unlicensed operators, lack of transparency. All providers on Wholesale Investor NZ are pre-screened for legitimacy, but always conduct your own due diligence.

What questions should I ask a fund manager before investing?

Ask fund managers these critical questions: Investment Strategy - What is your investment thesis? How do you source deals? What's your competitive advantage? Track Record - What returns have you achieved historically (gross and net)? What percentage of investments succeeded vs failed? Can I speak with investors in prior funds? Team - Who makes investment decisions? What's their background? Have there been recent departures? How is the team compensated? Risk Management - What was your worst investment and what did you learn? How do you handle conflicts of interest? What's your downside protection? Fees - Explain management fees, performance fees, and all other costs? What's the hurdle rate? Process - What's the investment committee process? How often do you report? What voting rights do I have? Exit - What's the expected timeline to liquidity? Have you returned capital to investors before? Get answers in writing and verify claims independently.

What is the difference between a fund manager and a platform?

Fund Managers directly manage pooled investment capital, making investment decisions, conducting due diligence, managing portfolio companies/assets, charging management and performance fees, and carrying fiduciary duty to investors. Examples include private equity firms, credit fund managers, property developers. Platforms provide infrastructure for accessing multiple investment opportunities, do not make direct investment decisions (investors choose from offerings), may conduct initial due diligence on providers, charge platform fees or take commissions from providers, and offer comparison and research tools. Examples include investment platforms, crowdfunding sites, syndication platforms. Some hybrid models exist - platforms with house funds. When investing via platforms, you still need to evaluate the underlying fund manager's capabilities, track record, and terms as if investing directly.