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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.”


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