Distributions to Capital + Merchant investors disclosed next month after trustee case settled out of court
By Fiona Rotherham Nov. 14 (BusinessDesk) - Debenture holders of collapsed finance company Capital + Merchant will find out by the middle of next month the timing of any further distributions following the settlement of a long-running court claim against the firm’s trustee Per...
Social impact investor Derek Handley offers to relocate US entrepreneurs to NZ in wake of election
By Fiona Rotherham Nov. 14 (BusinessDesk) - In the wake of the US election, Kiwi social and impact entrepreneur Derek Handley says he's had early interest in an offer to relocate American entrepreneurs to New Zealand if his activist venture capital firm invests in them. Aer...
Ngai Tahu key investor in $105 mln Movac technology fund
By Fiona Rotherham Nov. 11 (BusinessDesk) - Technology investment fund manager Movac has raised $105 million for its latest fund, including $75 million from institutional investors such as Ngai Tahu Holdings, the iwi’s commercial arm. Movac partner Phil McCaw said he couldn...
Finance Minister English says soaring prison population as big a risk as world interest rates
By Fiona Rotherham Nov. 11 (BusinessDesk) - Finance Minister Bill English says the government’s whole balance sheet of nearly $300 billion of assets is almost as exposed to changes in the forecast of prisoner numbers as it is to world interest rates. Speaking at the annual...
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