Simplicity KiwiSaver scheme reinvests in venture capital fund

Simplicity's move continues the expansion of KiwiSaver schemes towards local high-growth startups.

Wed, 17 Jul 2024

The shift in KiwiSaver schemes towards local high-growth startups continues to grow, with the Simplicity KiwiSaver scheme announcing $10 million of investment into the Icehouse Ventures’ Growth Fund II.The Growth Fund is an actively managed, late-stage venture fund designed to support 20 established New Zealand technology companies to expand into global markets. Simplicity managing director Sam Stubbs said the investment enables more New Zealanders to have exposure to high-growth and high-impact technology companies. “Kiwi...

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