First NZ Capital launches new private equity fund for mid to large-scale NZ companies

Thu, 10 Aug 2017

By Pattrick Smellie Aug. 11 (BusinessDesk) - First NZ Capital is to formalise its channel for private investors to support mid to large-sized New Zealand companies seeking capital without listing on a public sharemarket. The new initiative will be called Principal Investments and is the first major initiative by the firm under the leadership of James Lee, who took over as chief executive from Scott St John on April 1. "The scope of the strategy is wide-ranging, but will be focused on providing the equity and junior debt required to exe...

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