Video | Agriculture | Confidence | Economy | Energy | Employment | Finance | Media | Property | RBNZ | Science | SOEs | Tax | Technology | Telecoms | Tourism | Transport | Search

 


Private Equity Delivers High Returns Consistent Over Time


19 November 2012

Media release

Private Equity Delivers High Returns Consistent Over Time

New Zealand Private Equity and Venture Capital Association welcomed research showing that investing in private New Zealand companies through private equity funds is delivering high returns which are consistent over time and across economic cycles. This is the conclusion of a recent survey conducted by the New Zealand Venture Investment Fund.

New Zealand Private Equity and Venture Capital Association chairman Kerry McIntosh said the research findings suggest that quality opportunities exist in the private market.

“We know that the performance of the private equity asset class around the world has consistently delivered good returns to investors. The survey results released by NZVIF are evidence that the New Zealand market is demonstrating similar good performance.

“New Zealand privately-held businesses represent the greatest majority of New Zealand business enterprises. Many Kiwi investors are missing the opportunity to share returns from the private equity asset class - KiwiSaver default funds are an example.

“It is important that the industry can demonstrate viable investment results. We are currently working with the industry participants and Cambridge Associates, a global provider of independent research and investment advice, to provide comprehensive, independent New Zealand private equity and venture capital data to industry participants.

“This will supplement the NZVIF research and provide full analysis of New Zealand PE and VC benchmark data and statistics which can be benchmarked against comparable analysis in other countries.”

ENDS

© Scoop Media

 
 
 
 
 
Business Headlines | Sci-Tech Headlines

 

Scoop Business:
NZ Puts Seven New Oil And Gas Areas Put Up For Tender

A total of seven new areas will be opened up to oil and gas exploration under its block offer tendering system, as the New Zealand government seeks to concentrate activity in a few strategically chosen areas. More>>

ALSO:

Half Full: Dairy Payouts Steady, Cash Will Be Tight

Industry body DairyNZ is advising farmers to focus on strong cashflow management as they look ahead to the 2015-16 season following Fonterra's half-year results announcement today. More>>

ALSO:

First Union: Cotton On Plans To Use “Tea Break” Law

“The Prime Minister reassured New Zealanders that ‘post the passing of this law, will you all of a sudden find thousands of workers who are denied having a tea break? The answer is absolutely not’... Cotton On is proposing to remove tea and meal breaks for workers in its safety sensitive distribution centre. How long before other major chains try and follow suit?” More>>

ALSO:

Scoop Business: NZ-Korea FTA Signed Amid Spying, Lost Sovereignty Claims

A long-awaited free trade agreement between New Zealand and South Korea has been signed in Seoul by Prime Minister John Key and the Korean president, Park Geun-hye. More>>

ALSO:

PM Visit: NZ And Viet Nam Agree Ambitious Trade Target

New Zealand and Viet Nam have agreed an ambitious target of doubling two-way goods and service trade to around $2.2 billion by 2020, Prime Minister John Key has announced. More>>

ALSO:

Get More From Scoop

 
 
 
 
 
 
 
 
 
Business
Search Scoop  
 
 
Powered by Vodafone
NZ independent news