AIP Growth

AIP Growth category

AIP Category35 Opportunities
ACIF logo

Wholesale scheme focused on NZ SMEs across diverse sectors with AU$800M proven Australian track record

Target Return

8-12% p.a.

Min Investment

NZD $100K

Term

Medium-term

AIP EligibleWholesale OnlyRisk: Medium
Pacific Channel logo

Early-stage wind, solar, and battery storage infrastructure pipeline targeting high returns through FID value creation

Target Return

15-25% p.a.

Min Investment

NZD $100K

Term

5-7 years

AIP EligibleWholesale OnlyRisk: High
ForthCo logo

Open-ended PE fund backing proven, profitable NZ businesses ($10-100M EV) with quarterly distributions and redemptions

Target Return

12-18% p.a.

Min Investment

NZD $100K

Term

Open-ended evergreen

AIP EligibleWholesale OnlyRisk: Medium
NetFunds logo

Private credit financing NZ SMEs through diversified loans with 3-year average maturity, PIE and PFIC compliant

Min Investment

NZD $100K

Term

Medium-term (3yr avg)

AIP EligibleWholesale OnlyRisk: Medium
Newland logo

Direct lending providing working capital and growth loans to NZ businesses secured by business assets

Target Return

8-11% p.a.

Min Investment

NZD $100K

Term

Medium-term

AIP EligibleWholesale OnlyRisk: Medium
Alvarium logo

Bespoke investment strategies for AIP Growth or Balanced categories with 25+ years experience

Min Investment

NZD $3000K

Term

4 years (AIP requirement)

AIP EligibleWholesale OnlyRisk: Medium
Pioneer Capital logo

20-year strategy investing in high-margin NZ businesses expanding in large international markets

Target Return

15-20% p.a.

Min Investment

NZD $250K

Term

Open-ended

AIP EligibleWholesale OnlyRisk: High
Greenmount Capital logo

Co-invest alongside top-tier Australasian PE sponsors in mid-market companies ($50-300m EV)

Target Return

12-18% p.a.

Min Investment

NZD $250K

Term

5-7 years

AIP EligibleWholesale OnlyRisk: High
Greenmount Capital logo

Series A focus on globally scalable businesses across seven transformative themes shaping future economy

Target Return

20% IRR

Min Investment

NZD $250K

Term

7-10 years

AIP EligibleWholesale OnlyRisk: High
GD1 logo

$150M generalist fund investing in NZ-originated early-stage technology companies with global aspirations

Target Return

20% IRR

Min Investment

NZD $100K

Term

10+ years

AIP EligibleWholesale OnlyRisk: High
GD1 logo

Building on Fund 3 upper quartile global performance, Pre-Seed through Series B investing

Target Return

20% IRR

Min Investment

NZD $100K

Term

10+ years

AIP EligibleWholesale OnlyRisk: High
Movac logo

NZ's most experienced VC with 25+ years and top decile performance. Secondary investment in growth-stage tech

Target Return

25% IRR

Min Investment

NZD $100K

Term

10+ years

AIP EligibleWholesale OnlyRisk: High
Icehouse Ventures logo

20-40 of NZ's leading impact seed stage technology companies amplifying global sustainability

Target Return

20-30% IRR

Min Investment

NZD $50K

Term

10+ years

AIP EligibleWholesale OnlyRisk: High
Altered Capital logo

Founded from competitive global market success, backing companies with product-market fit

Target Return

25% IRR

Min Investment

NZD $100K

Term

10+ years

AIP EligibleWholesale OnlyRisk: High
Previously Unavailable logo

Series A & B in high-growth B2B companies. Building on Fund 1's 28.63% IRR and top decile performance

Target Return

28% IRR

Min Investment

NZD $100K

Term

10+ years

AIP EligibleWholesale OnlyRisk: High
Bridgewest Group logo

Deep-tech incubation fund in life sciences, medtech, cleantech, AI, and advanced sensors

Target Return

25% IRR

Min Investment

NZD $100K

Term

10+ years

AIP EligibleWholesale OnlyRisk: High
Cultivate Ventures logo

Industry-backed agri-tech and agri-food fund targeting 15% IRR with 90% in growth stage

Target Return

15% IRR

Min Investment

NZD $100K

Term

10+ years

AIP EligibleWholesale OnlyRisk: High
Ecliptic Venture Capital logo

Hands-on active management at Seed and Series A filling critical capital and capability gaps

Target Return

20% IRR

Min Investment

NZD $100K

Term

10+ years

AIP EligibleWholesale OnlyRisk: High
Maūi Toa logo

Māori owned and led fund leveraging Māori economy to invest in globally scalable technology

Target Return

20% IRR

Min Investment

NZD $100K

Term

10+ years

AIP EligibleWholesale OnlyRisk: High
Motion Capital logo

Early-stage climate-tech companies with global commercial potential. $15m committed

Target Return

20% IRR

Min Investment

NZD $100K

Term

10+ years

AIP EligibleWholesale OnlyRisk: High
Point16 logo

Partnership between Point16 and Icehouse Ventures investing in next generation financial innovation

Target Return

20% IRR

Min Investment

NZD $100K

Term

10+ years

AIP EligibleWholesale OnlyRisk: High
Nuance Connected Capital logo

Female scientist-led $57m deep tech fund investing in Kiwi companies solving global problems

Target Return

20% IRR

Min Investment

NZD $100K

Term

10+ years

AIP EligibleWholesale OnlyRisk: High
NZVC logo

Building on breakout success of Fund 1 (top 5% globally). Investing at 50% lower valuations than US

Target Return

25% IRR

Min Investment

NZD $100K

Term

10+ years

AIP EligibleWholesale OnlyRisk: High
Pacific Channel logo

One of NZ's largest deep-tech VCs empowering people solving hard problems in healthcare, food, environment

Target Return

20% IRR

Min Investment

NZD $100K

Term

10+ years

AIP EligibleWholesale OnlyRisk: High
Quidnet Ventures logo

Top-quartile deep tech ventures born from NZ science built for global impact. Led by Silicon Valley veteran

Target Return

25% IRR

Min Investment

NZD $100K

Term

10+ years

AIP EligibleWholesale OnlyRisk: High
Ryft logo

Venture studio offering investment in earliest stages with dedicated support across design, engineering, operations

Target Return

25% IRR

Min Investment

NZD $100K

Term

10+ years

AIP EligibleWholesale OnlyRisk: High
WNT Ventures logo

$35m Seed to Series A deep tech specialist with proven top quartile performance backed by realisations

Target Return

25% IRR

Min Investment

NZD $100K

Term

10+ years

AIP EligibleWholesale OnlyRisk: High
Matū Karihi logo

Specialist early-stage fund for companies spinning out from R&D in NZ science and technology sector

Target Return

20% IRR

Min Investment

NZD $100K

Term

10+ years

AIP EligibleWholesale OnlyRisk: High
Icehouse Ventures logo

~30 of NZ's leading high-growth technology companies at pre-seed to pre-Series A stages

Target Return

20-30% IRR

Min Investment

NZD $50K

Term

10+ years

AIP EligibleWholesale OnlyRisk: High
DE Capital logo

Senior secured loans plus warrants to mid-market NZ businesses with regular income and equity upside

Target Return

10-14% p.a.

Min Investment

NZD $100K

Term

Open-ended, 1-3 year holds

AIP EligibleWholesale OnlyRisk: Medium
PCG logo

Open-ended PIE with senior secured loans, weekly liquidity, and monthly cash distributions

Target Return

8-10% p.a.

Min Investment

NZD $100K

Term

Open-ended

AIP EligibleWholesale OnlyRisk: Medium
Henton Capital logo

Selective mid-market credit fund for established NZ companies with experienced credit team

Target Return

9-12% p.a.

Min Investment

NZD $100K

Term

2-4 years

AIP EligibleWholesale OnlyRisk: Medium
Peninsula Capital logo

Quarterly cash returns through senior secured loans leveraging deep NZ industry networks

Target Return

9-12% p.a.

Min Investment

NZD $100K

Term

Open-ended evergreen

AIP EligibleWholesale OnlyRisk: Medium
Collinson Wealth logo

Growth business loans to expansion phase companies with established revenue streams

Target Return

10-14% p.a.

Min Investment

NZD $100K

Term

2-4 years

AIP EligibleWholesale OnlyRisk: Medium
Southern Alps logo

Retirement village development culturally fit for Asian seniors as well as local elderly

Target Return

12-15% p.a.

Min Investment

NZD $100K

Term

5-7 years

AIP EligibleWholesale OnlyRisk: Medium