Pencarrow Private Equity eyes Canterbury opportunities for $124M fund

Sun, 17 Mar 2013

By Paul McBeth March 15 (BusinessDesk) - Pencarrow Private Equity, whose past investments have included paper merchant BJ Ball and buggy maker Phil & Teds, is keeping an eye on ways to leverage the $30 billion rebuild of Christchurch having raising $124 million for its new fund. The private equity firm has already run the ruler over 60 companies for its Pencarrow IV Fund to invest in and would be keen on getting exposure to the Canterbury rebuild, executive director Nigel Bingham told BusinessDesk. "We're looking at things like building ma...

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