NZ Direct Capital closes Fund IV
New Zealand private equity and venture capital investor Direct Capital has announced the close of its Direct Capital IV fund at NZ$325 million ($250 million), well above the fund's NZ$250 million ($175 million) target.
According to the firm, investors in the preceding Direct Capital III fund recommitting to the new vehicle doubled their commitments or more, with anchor investor the New Zealand Superannuation Fund upping...
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