New Zealand's Pencarrow closes Fund VI on $187m
New Zealand-based Pencarrow Private Equity has closed its sixth fund at the hard cap of NZD 300m (USD 187m), having scaled up from NZD 250m in the previous vintage.
The final close came in December 2022, Nigel Bingham, the firm’s managing partner, told Mergermarket, AVCJ’s sister title. A debut investment from the new fund – in Shoof, a distributor of on-farm...
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