By Gavin Evans Oct. 30 (BusinessDesk) - Consultation on legislation to implement the government’s planned ban on new offshore exploration should have been wider given its potential for “significan
A new fund has been established, offering investors the opportunity to benefit from the next wave of innovation in New Zealand’s rural sector. The Seedling Next Gen Agri Fund is designed to push NZ�
We’re all a little poorer after Nvidia’s 17% dive on Tuesday. The Nasdaq-listed chipmaker’s stock took a battering on fears that China’s low-cost DeepSeek AI heralds a new era of artificial in
Details of a $30-million coastal shipping fund championed by New Zealand First are expected to be released in the coming weeks, ending nearly a year of uncertainty for proponents of the "Blue Highway"
Australian funds manager and broker Shaw and Partners has bought a 75% stake in some $7 billion of funds under management by Auckland-based Investment Services Group, which includes Devon Funds. Also.
KiwiSaver provider Booster has written down the value of its Booster Innovation Fund by $664,000 following a decision by one of the 44 businesses in the fund that it will be placed in liquidation. Th
Outset Ventures closed its $41.5 million deep-tech Fund II on Tuesday (May 27), which included a $15m top-up from the Government-owned New Zealand Growth Capital Partners. The fund was launched to h
By Paul McBeth July 5 (BusinessDesk) - Government officials will buddy up with Ngāti Awa Group Holdings and the New Zealand Superannuation Fund to find out whether it's feasible to set up an investm
Senior Trust Retirement Village Listed Fund (NS) is a unit trust, as defined in the Unit Trusts Act 1960. The investments in the fund will primarily be used to lend money to retirement and aged care o
NZ’s largest private investor Direct Capital has received $50 million from the NZ Super Fund for its newest fund. On Wednesday morning NZ Super said it would increase its total investment in Direc
Maui Capital has told investors in its Indigo fund it expects to dispose of the majority of assets in the fund by mid-2024. High-net-worth individuals signed up to Indigo on a call-up basis in 2008, w
Applications have opened for a $30 million contestable fund intended to improve the resilience of the coastal shipping sector. Associate Transport Minister James Meager made the long-awaited announcem
Forsyth Barr’s new fund management subsidiary aims to fill a space in the market for a mid-sized active firm and deal with perceptions of any conflict of interest. Octagon Asset Management is essent
Mainfreight boss Don Braid says, “without wanting to aggravate them, they’re a pain in the arse”. "They" are the global proxy advisers, dominated by two giants – Institutional Shareholder Serv
Gillies Group developer Malcolm Gillies believes the benefits of the Infrastructure Acceleration Fund (IAF) may have been oversold. As BusinessDesk reported in part one of this investigation, the $1 b
The Private Land and Property Fund provides investors with an opportunity to obtain an investment exposure to a portfolio of primarily directly held, unlisted, agricultural and horticultural land and.
$3.08 Open $3.00 0.08 2.67% November 16, 2023, 1.00pm Today 5D 1M 1Y 2Y Key announcement - click for info Created with Highcharts 8.2.2Nov '22Jan '23Mar '23May '23Jul '23Sep '23Nov '2342.533.5 20 minu
Icehouse Ventures has raised half its $30 million Seed Fund IV a month after launching it. The venture capital firm stated that 80 investors had contributed $15m. More than half of those had invested.
By Jenny Ruth Oct. 1 (BusinessDesk) - The Guardians of the New Zealand Superannuation Fund opposed the government's Venture Capital Fund being part of the Super Fund and wanted it established as a sep
The NZ Super Fund (NZSF) is committing US$100 million (NZ$157m) to a fund that invests in an innovation fund for climate change mitigation and adaptation. The Guardians of NZ Superannuation (GNZS) sai
The Provincial Growth Fund (PGF) has been replaced by a new $200 million Regional Strategic Partnership Fund (RSPF). Economic and regional development minister Stuart Nash, speaking at the Economic De
The board of the Auckland Future Fund has yet to appoint a global investment manager, but says an announcement is imminent. The Auckland Council capitalised the fund, which was set up last year thro
A tech-focused venture capital fund has experienced a windfall from golden visa investors, receiving in the first quarter of its 2026 financial year more than double what it raised from applicants in.
Carbon Fund (NS) is a managed investment scheme with the aim to provide investors with a total return exposure to the price of carbon credits. The Fund has the ability to buy carbon credits in emissio
The New Zealand Superannuation Fund should consider opening an international office, potentially in London, to improve its access to private market investment opportunities, according to a five-yearly
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