Direct Capital is a private equity manager established in 1994. Today Direct Capital remains owned and managed by three of its founding directors, Ross George, Mark Hutton and Bill Kermode. The team has grown to 13 investment professionals, who together have 110 years of private equity experience.

From the outset Direct Capital has provided a consistent strategy of long term growth, making investments based on sound business fundamentals, aimed at providing its investors with above market returns and support to the management of the companies in which we invest.

To date Direct Capital has successfully raised 7 Funds since 1994, with total capital available for investment of more than $440 million.

* Fully Invested

As an established private equity manager, Direct Capital has received investment from over 20 investors including many of New Zealand’s leading financial institutions, as well as global institutions seeking access to the New Zealand private equity market.

New Zealand based institutions include Accident Compensation Corporation, AMP, AXA/Alliance Capital Management, NZ Superannuation Fund, NZ Venture Investment Fund, Telecom NZ and PGG Wrightsons.

International institutions include Alcatel, DLJ Funds, ING Private Equity Access Limited, Lucent, Marconi and Nestlé.

In addition, in 2004 Direct Capital partnered with ABN AMRO Craigs to establish Pohutukawa Private Equity, a private equity fund designed to cater for the needs of retail investors. This combines the experience of ABN AMRO Craigs in managing the needs of retail investors with the private equity expertise of Direct Capital.