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

 

Interest Rates: Wheeler Hikes OCR To 3% On Inflationary Pressures, Eyes Kiwi

Reserve Bank governor Graeme Wheeler lifted the official cash rate for the second time in as many months, saying non-tradable inflationary pressures were "becoming apparent" in an economy that’s picking up pace and he's watching the impact of a strong kiwi dollar on import prices. More>>

ALSO:

Scoop Business: Equity Crowd Funding Carries Risks, High Failure Rate

Equity crowd funding, which became legal in New Zealand this month, comes with a high risk of failure based on figures showing existing forays into social capital have a success rate of less than 50 percent, one new entrant says. More>>

ALSO:

Scoop Business: NZ Migration Rises To 11-Year High In March

The country gained a seasonally adjusted 3,800 net new migrants in March, the most since February 2003, said Statistics New Zealand. A net 400 people left for Australia in March, down from 600 in February, according to seasonally adjusted figures. More>>

ALSO:

Hugh Pavletich: New Zealand’s Bubble Economy Is Vulnerable

The recent Forbes e-edition article by Jesse Colombo assesses the New Zealand economy “ 12 Reasons Why New Zealand's Economic Bubble Will End In Disaster ”, seems to have created quite a stir, creating extensive media coverage in New Zealand. More>>

ALSO:

Thursday Market Close: Genesis Debut Sparks Energy Rally

New Zealand stock rose after shares in the partially privatised Genesis Energy soared as much as 18 percent in its debut listing on the NZX, buoying other listed energy companies in the process. Meridian Energy, MightyRiverPower, Contact Energy and TrustPower paced gains. More>>

ALSO:

Power Outages, Roads Close: Easter Storm Moving Down Country

The NZ Transport Agency says storm conditions at the start of the Easter break are making driving hazardous in Auckland and Northland and it advises people extreme care is needed on the regions’ state highways and roads... More>>

ALSO:

Get More From Scoop

 
 
Computer Power Plus
 
 
 
 
 
 
 
 
Business
Search Scoop  
 
 
Powered by Vodafone
NZ independent news