Since 1994, Direct Capital has raised $1.2 billion for investment into private companies. Our latest fund, Direct Capital V, completed its fundraising in late 2016 and raised $375 million.

Investment Period               Fund                          Size

2016 - 2021                           Direct Capital V             $375m

2010 - 2015                           Direct Capital IV            $325m

2005 - 2009                          Direct Capital III            $130m

1998 - 2004                           Direct Capital II             $35m

1994 - 1998                            Direct Capital I              $68m

2000 - 2011                           Affiliate programmes      $241m

Direct Capital invests in the New Zealand and Australian mid-market private company sector in expansion, succession and pre-IPO situations. We typically invest between $20m - $70m of equity into companies and are comfortable with both minority and majority shareholdings.

Our New Zealand investor base includes sovereign wealth funds, pension funds, community trusts, iwi groups, religious trusts and other institutional investors.

Direct Capital is a signatory to the United Nations Principles of Responsible Investment (UNPRI).