AIP Growth
AIP Growth category
Newland Credit Fund
Offered by Newland
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
ACIF NZ Investment Fund
Offered by ACIF
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
Pacific Channel Fund V (Renewable Energy)
Offered by Pacific Channel
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
Active Long Term Growth Fund
Offered by ForthCo
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
NetCredit Unit Trust
Offered by NetFunds
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)
Pioneer Capital Private Equity V
Offered by Pioneer Capital
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
GD1 Fund 4 LP
Offered by GD1
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
Greenmount Co-Investment Fund No.1 LP
Offered by Greenmount Capital
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
Movac Growth 7
Offered by Movac
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
IV Sustainable Technology Fund
Offered by Icehouse Ventures
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
Altered Capital Venture Fund II
Offered by Altered Capital
Founded from competitive global market success, backing companies with product-market fit
Target Return
25% IRR
Min Investment
NZD $100K
Term
10+ years
Brand Fund 2 by Previously Unavailable and Icehouse Ventures
Offered by Previously Unavailable
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
Bridgewest Venture Fund 1 LP
Offered by Bridgewest Group
Deep-tech incubation fund in life sciences, medtech, cleantech, AI, and advanced sensors
Target Return
25% IRR
Min Investment
NZD $100K
Term
10+ years
Cultivate Ventures Limited Partnership
Offered by Cultivate Ventures
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
Ecliptic Venture Capital LP
Offered by Ecliptic Venture Capital
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
Maūi Toa Fund 1
Offered by Maūi Toa
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
Motion Capital
Offered by Motion Capital
Early-stage climate-tech companies with global commercial potential. $15m committed
Target Return
20% IRR
Min Investment
NZD $100K
Term
10+ years
NZVC Fund 2
Offered by NZVC
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
Pacific Channel Fund III
Offered by Pacific Channel
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
Quidnet Ventures Fund II
Offered by Quidnet Ventures
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
Ryft Fund Zero
Offered by Ryft
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
WNT Ventures Fund 4
Offered by WNT Ventures
$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
Matū Karihi Fund
Offered by Matū Karihi
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
Nuance Connected Capital
Offered by Nuance Connected Capital
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
PCG Diversified New Zealand Private Debt Fund
Offered by PCG
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
Greenmount Capital New Economy Fund LP
Offered by Greenmount Capital
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
Icehouse Ventures Seed Fund IV LP
Offered by Icehouse Ventures
~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
New Zealand Fintech Fund
Offered by Point16
Partnership between Point16 and Icehouse Ventures investing in next generation financial innovation
Target Return
20% IRR
Min Investment
NZD $100K
Term
10+ years
Henton Fund 2
Offered by Henton Capital
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
GD1 Fund 3 LP
Offered by GD1
$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
Peninsula Credit Fund II LP
Offered by Peninsula Capital
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
Southern Alps Retirement Living Sunrise Fund
Offered by Southern Alps
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
DE Capital Fund
Offered by DE Capital
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
Alvarium Active Investor Plus Service
Offered by Alvarium
Bespoke investment strategies for AIP Growth or Balanced categories with 25+ years experience
Min Investment
NZD $3000K
Term
4 years (AIP requirement)