Top Fund Management Companies in New-Zealand

The fund management industry in New Zealand has been growing steadily over the past few years. This positive trend can be attributed to various factors, including government initiatives, industry growth, and technological advancements. The industry has been a crucial driver of economic growth, with a contribution of approximately 2% to the country's gross domestic product (GDP) in 2022 and employment of over 10,000 professionals.

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CompanyHeadcountContactDescriptionDecision Maker
ANTLER1,814

500 GLOBAL2,001 +65 6340 7200

500 Global is a venture capital firm with over $2.7B in Assets Under Management that invests early in founders building fast-growing technology companies. We focus on markets where technology, innovation, and capital can unlock long-term value and drive economic growth. 500 Global has backed over 5,000 founders representing more than 2,600 companies operating in 80 countries. Our portfolio includes 51 companies valued at over $1 billion and 140 companies valued at over $100 million. Our 140+ plus team members are located in more than 15 countries and bring experience as entrepreneurs, investors, and operators from some of the world’s leading technology companies.

KC SECURITIES LP5 +64 21 750 009

Commercial Real Estate Equity-Backed Debt Fund - Hybrid Private Debt / Private Equity Fund Founded in 2001, KC Securities Limited Partnership (formerly KC Securities Ltd) provides investors with access to a full spectrum of New Zealand equity and debt investment opportunitiesKCS provides secured mortgage loans to borrowers with equity, and is backed by the ownership of select commercial real estate properties

DIAS ADVISORS13 +84 316 924 736

DIAS advisors was founded on the principles of transparency, efficiency and quality service delivery.We are passionate about startups and SMEs, we hope to create a market place for everyone in Vietnam to have access to foreign direct investment and world-class advisory. We are a team of highly skilled professionals with combined experience stretching over many decades in M&A Advisory, Private Banking, Investment Management and Financial Analysis.We have successfully matched investors to companies in Vietnam and our direct investment into startups means we have experienced the challenges and successes our clients may come to face.Our continued efforts to create a sustainable marketplace and quality investment propositions is based on verified metrics by way of historic transactions and thorough financial review, superior advisory and a pro-active approach to matching investors.

PERRY GROUP33 +64 7 838 3633

Established by Brian Perry in 1954, the Perry Group has become a well established and highly respected privately owned enterprise based in the Waikato region.Primarily involved in the manufacturing, importing and distribution, and property industry sectors, Perry Group continues to focus on investments that will achieve consistent growth and returns for its shareholders. Much of the Perry Group’s continued success is attributed to Brian Perry’s legacy and the strong culture of community and corporate responsibility that is central in the day-to-day business practices throughout the Group and is led through our Trust, the Brian Perry Charitable Trust.Our Investments include:Perry Metal Protection www.perrymetalprotection.co.nzPerry Property www.perryproperty.co.nzAqualine Products www.aqualine.co.nzThreepeaks Manuka Honey www.threepeaksnz.comPerry Modular Homes www.perrymodular.co.nzTe Awa Lakes www.teawalakes.co.nz

FLUX ACCELERATOR1 +64 800 803 909

Flux is a kiwi startup accelerator run by Icehouse Ventures. Startups can apply year round for investment from Flux. Flux invests capital, time and our resource to help kiwi founders take their startup to the next level.Founders benefit from tapping into the support of our ventures team, mentors partners & investor network. We help our startups:Build a product that their customers loveRepeatedly acquire new customers and growBuild a great team (board, advisors, employeesRaise capital from the next best set of investors

FOREST ENTERPRISES33 +64 6 370 6360

Forest Enterprises is one of New Zealand’s leading full-service forest management and investment services companies. Since 1972, we have been helping New Zealanders grow their wealth through affordable direct investments in some of New Zealand’s most exceptional Radiata pine plantation forests, and by expertly managing these forests from establishment to harvest. We have more than 20,000 hectares under management in the Wairarapa (40%), Gisborne (50%) and Hawkes Bay (10%) owned by more than 6,500 individual investors. We also manage another 15,000 hectares of FSC® certified forestry in New Zealand on behalf of an international institutional forestry investor.As we respond to the requirements of our growing business, especially harvesting, our team is now 28 strong including a team of 4 in Gisborne. Our head office is still in Masterton, where we began nearly five decades ago.Forest Enterprises is the business name of Forest Enterprises Growth Limited and its subsidiary Forest Enterprises Limited. Forest Enterprises Limited is licensed under the Financial Markets Conduct Act 2013 to manage Managed Investment Schemes (excluding managed funds) which are primarily invested in forestry assets.

PLATINUM EQUITY493 +65 6709 4090

Founded in 1995 by Tom Gores, Platinum Equity is a global investment firm with approximately $47 billion of assets under management and a portfolio of approximately 50 operating companies that serve customers around the world. Platinum Equity specializes in mergers, acquisitions and operations – a trademarked strategy it calls M&A&O® – acquiring and operating companies in a broad range of business markets, including manufacturing, distribution, transportation and logistics, equipment rental, metals services, media and entertainment, technology, telecommunications and other industries. Over the past 27 years Platinum Equity has completed more than 400 acquisitions.

GGV CAPITAL545 +65 6805 2400

GGV Capital is a global venture capital firm focused on multi-stage, sector-focused investments. Recognizing that the talent to build great companies can come from anywhere, the firm invests in founders building category-leading companies around the world. Founded in 2000 with roots in Singapore and Silicon Valley, GGV has expanded with additional offices in San Francisco, Shanghai, and Beijing. The firm manages $9.2 billion in investments across the United States, Canada, China, Southeast Asia, India, Latin America, and Israel. Over the past two decades, the firm has backed more than 400 companies, including Affirm, Airbnb, Alibaba, BigCommerce, Boss Zhipin, Grab, HashiCorp, Hello, JD MRO, Keep, Kujiale, Manbang, NIU, Opendoor Technologies, Peloton, Poshmark, Qunar/Ctrip, Slack, Square, StockX, Udaan, Wish, XPeng, Zendesk, Zuoyebang, and more. More information can be found at www.ggvc.com and @ggvcapital.

GREENBACK CAPITAL2 +64 9 802 0000

Greenback Capital invests private money into hungry brilliant teams working on huge ideas who are trying to push civilization forward.New Zealand privately owned and operated conglomerate. Operating in a number of sectors including; Debt Recovery Funding, Venture Capital, FMCG, Commercial Construction, SaaS, Tourism, E-commerce & Retail.Greenback Capital also builds our own products, companies & teams directly, with 100% equity owned by Greenback Capital. Greenback Capital has, in previous years, operated as a shadow fund - This has given Greenback Capitalmany Executive/CEO level relationships with some of the biggest brands in the world.

QUAYSTREET ASSET MANAGEMENT7 +64 800 782 900

QuayStreet Asset Management Limited is a specialist funds management firm with a team across Auckland, New Zealand and Sydney, Australia. QuayStreet offers a range of diversified and sector specific investment funds for investors. Our specialists seek to deliver superior investment returns for our clients by actively managing the funds

WESTERN ASSET MANAGEMENT961 +65 6428 3600

Since 1971, Western Asset Management Company has provided global fixed-income investment management services for a wide variety of clients. Our long term, fundamental value approach utilizes our extensive research and risk management capabilities and seeks to provide superior returns for our clients. Headquartered in Pasadena, California, Western Asset’s global presence includes offices in New York, London, Tokyo, Singapore, Hong Kong, Melbourne, São Paulo and Zurich.

KOTAK MAHINDRA (UK) LTD.240 +65 6395 6970

The international subsidiaries of Kotak manage a wide range of India investment funds through which overseas investors can invest in India. The Kotak Group has offices in London, New York, Dubai and Mauritius with a branch in Singapore and San Francisco. Investors can access the asset management capability of the international subsidiaries through its India investment funds. Institutional investors can also have their assets managed through separately managed accounts.Range of servicesKotak’s international subsidiaries offer asset management services to overseas investors through a range of offshore funds as well as through specific advisory and discretionary investment management mandates from institutional investors.We specialize in providing services to overseas investors seeking to invest in India. Investors can access the asset management capabilities of the international subsidiaries through funds domiciled outside India.The solutions offered by the subsidiaries span major asset classes including listed equity, private entity and real estate. KMUK also handles international issuances of securities of Indian companies.The international business of the Kotak Group operates though the following three subsidiaries:Kotak Mahindra (UK) Limited (KMUK)A 100% subsidiary of Kotak (the parent company), KMUK is one of the first firms of Indian origin to be authorized and regulated by the Financial Services Authority in the United Kingdom. A member of the London Stock Exchange, KMUK is registered with the Securities Exchange Board of India as a Foreign Institutional Investor (FII).KMUK had its registered office in London, with branch offices in Dubai and Singapore. Infact it is the first Indian company to be authorized to operate from its branch in the Dubai International Financial Centre, and is regulated by the Dubai Financial Services Authority. It is also regulated by the Monetary Authority of Singapore.

TECHSTARS3,093 +65 6735 1987

The worldwide network that helps entrepreneurs succeed. We provide access to capital, mentorship, talent, and infrastructure.⬇️ Apply now

MILK NEW ZEALAND GROUP14 +64 274 998 862

Milk New Zealand Group as a whole is a vertically integrated platform including investment management, dairy farming, branding & supply chain services. Milk New Zealand Management is the investment management platform for dairy farm assets, commercial property, property development projects, hotels and tourism business. Theland Farm Group is one of the largest farm group in New Zealand owns 16 farms in North Island (former Crafar Farms) and manages 13 farms in South Island (former Synlait Farms) standing at the leading position of the industry. Milk New Zealand Dairy is a one-stop solution provider for NEW RETAIL. New Retail entails an integration that seamlessly connects online presence, offline retail experience and logistics network along as a single value chain. MNZD not only focuses on the self-owned brands but also the whole supply chain service providing.

SNOWBALL EFFECT21 +64 800 347 257

Snowball Effect is changing the way that Kiwis invest in private companies. Through a range of capital raising options, Snowball Effect improves access to finance for high growth companies, and provides an easy channel for the public to discover and invest in those companies. Were simplifying online angel investing, venture capital, private equity and equity crowdfunding.

IMPERIUM CAPITAL GROUP PTY LTD48 +61 3 9516 0000

Imperium Capital Group is a private investment company, established in 1996. We acquire 100% of small to medium size enterprises focusing on re-engineering for growth, employing over 100 team members from diverse and talented backgrounds in an entrepreneurial environment where the pace is fast and there is always something new to learn. Imperium Capital Group comprises of three divisions:- Imperium Hospitality- Imperium Collection- Imperium Home SolutionsWithin these divisions, we own a number of innovative businesses including - Eichardts Hotel (Queenstown, NZ), The Spire Hotel (Queenstown, NZ), Pacific Jemm luxury yacht (Queenstown, NZ), Wardrobe World and Imperium Home Solutions.Our team members thrive on being challenged to deliver excellence daily in an exciting and evolving workplace.

OUTSET VENTURES9 +64 27 700 8119

Outset Ventures is New Zealand’s only technology incubator and investor with flexible laboratory and workshop facilities designed to support the development of early-stage, deep technology start-ups. Outsets mission is to bring New Zealand’s deep technology innovations to the world stage by helping founders turn unique science and engineering-based ideas into companies that deliver real-world solutions on a global scale. We have a 20+ year history of technology commercialisation on-site, with notable alumni including Rocket Lab, LanzaTech and Mint Innovation. Over the last four years, Outset has grown from a skunkworks operation to a recognised and well-connected home of deep technology ventures in Aotearoa.

M.H. CARNEGIE & CO.13 +61 2 9397 1400

M.H. Carnegie & Co is an alternative asset manager with approximately AUD$900 million in committed funds under management across venture capital, private equity and real estate, with a successful track record since its establishment in 2010.Our differentiated approach is a focus on building platform businesses with leaders in their industries. These leaders bring a wealth of sector knowledge and networks, which alongside our teams deep financial expertise adds substantial value to our investment platforms, creating industry leading companies and attractive returns for our investors.

SYD VENTURES9 +61 415 862 700

Were a start-up company that just happens to invest in other start-ups.SYD Ventures, founded by Andrey Shirben in 2012 is not your ordinary fund - in fact its not a fund at all - its a company that invests in early-stage startups.We invest in people, rather than in ideas. We invest in startups we can personally get involved in, help building and scaling them. We invest relatively small amounts, mainly at the early seed and pre-seed stages and being long time entrepreneurs ourselves, we understand the needs and interests of the start-ups and the entrepreneurs.

Top Fund Management Companies in New-Zealand

Factors Contributing to Growth and Success

Government Initiatives

The New Zealand government has implemented several initiatives that have helped boost the growth and success of the fund management industry. For example, the government has created an attractive tax regime for funds management firms, making it easier for companies to operate in the country. Additionally, the government has developed policies that promote the growth of the financial services industry, such as the Financial Services Sector Action Plan, which aims to increase the industry's contribution to the economy.

Industry Growth and Comparison to Previous Years

The fund management industry has been experiencing steady growth in New Zealand. In 2022, the industry's assets under management reached NZD 154 billion, representing a 10.6% increase compared to the previous year. The growth can be attributed to several factors, including favorable market conditions, an increase in investor confidence, and a rise in the number of fund management firms operating in the country.

Compared to previous years, the fund management industry in New Zealand has experienced significant growth. In 2019, the industry's assets under management were NZD 123 billion, and in 2020 they rose to NZD 139 billion. This represents a growth rate of 12.8% over two years, demonstrating the industry's continued growth and potential.

Key Trends

Technological Disruptions

Technological disruptions are a key trend in the fund management industry in New Zealand. The rise of digital technologies has enabled fund managers to improve their operational efficiency and reach a broader range of investors. For example, online investment platforms and robo-advisors have made it easier for individuals to invest in funds while also reducing costs for fund management firms.

Challenges

Despite the growth and success of the fund management industry in New Zealand, there are several challenges that the industry faces. One of the biggest challenges is the competition from offshore fund management firms. New Zealand's fund management industry is relatively small compared to other countries, and offshore firms may have greater resources and expertise to attract investors.

Another challenge is the need to adapt to changing investor preferences. As investors become more socially conscious, fund management firms need to offer products that align with these preferences. This can be challenging, particularly for firms that have traditionally focused on traditional investments.

Future Outlook

The future outlook for the fund management industry in New Zealand is positive, with continued growth expected in the coming years. The government's commitment to promoting the financial services industry, combined with favorable market conditions, is likely to fuel this growth. Additionally, technological disruptions are expected to continue, providing opportunities for firms to improve their operational efficiency and attract a broader range of investors.

Conclusion

In conclusion, the fund management industry in New Zealand has experienced steady growth in recent years, thanks to government initiatives, industry growth, and technological advancements. While challenges such as competition from offshore firms and changing investor preferences exist, the industry's future outlook is positive, with continued growth expected in the coming years. As the industry evolves, fund management firms need to remain agile and adaptable to seize opportunities and stay ahead of the competition.

To maintain growth and success in the future, fund management firms in New Zealand need to keep up with key trends in the industry. For instance, they should be investing in technology to improve operational efficiency and offer more personalized services to clients. Firms should also be paying close attention to changing investor preferences and offering products that align with these preferences.

However, the industry must also keep a close eye on regulatory developments. Regulators in New Zealand are increasingly focused on ensuring that fund managers act in the best interests of their clients and that they are transparent about their fees and charges. The Financial Markets Authority (FMA), which oversees the industry, has been introducing new regulations and guidelines to ensure that fund managers operate in a responsible and ethical manner.

Furthermore, there is a need for greater diversity and inclusion in the fund management industry in New Zealand. The industry is still predominantly male-dominated, and firms need to take proactive steps to increase gender and ethnic diversity in their teams. This can help firms better reflect the needs and preferences of their clients, which can lead to better outcomes for both clients and the firms themselves.

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By Melissa Goh
Published on 25 May 2023