Punakaiki Fund has another stab at raising money from retail investors

Wed, 02 Nov 2016

By Fiona Rotherham Nov. 2 (BusinessDesk) - The Punakaiki Fund, which makes long-term investments in high-growth New Zealand companies, has launched fundraising offers at $19 per share in New Zealand and Australia with no set amount being targeted. The New Zealand offer due to open on Nov. 9 is a public one open to anyone through a product disclosure statement (PDS) approved by the market regulator while the Australian one opens today and is to wholesale investors only. Both offers close at the end of the month and are on the same term...

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