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Hot Topic Hawke’s Bay
Investment
5 mins to read
12

Cold, hard numbers mean Punakaiki tightens mandate

Minimum revenue thresholds set for future investments.

Reweti Kohere Tue, 16 Jul 2019

Simply looking at the numbers is the reason behind Punakaiki Fund’s tightened investment mandate, manager Lance Wiggs says.

The venture capital fund was established in 2014 to invest in high-growth Kiwi companies. As of last month, the fund was worth $47m and had invested in 20 companies

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Reweti Kohere Tue, 16 Jul 2019
Contact the Writer: reweti@nbr.co.nz
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Tags
Business Punakaiki Fund Lance Wiggs Lance Wiggs Capital Management venture capital
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