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Generate KiwiSaver invests $20m in venture capital fund

Fund manager joins NZ Super as backer of new Movac fund.

Generate portfolio manager and executive director Sam Goldwater.

NBR Staff Fri, 09 Dec 2022

The Generate KiwiSaver Scheme is joining the NZ Super Fund in putting money into venture capital, with a $20 million investment in Movac’s Growth 6 Fund.

In a statement, Generate portfolio manager and executive director Sam Goldwater said the firm was excited to make its first venture capital

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NBR Staff Fri, 09 Dec 2022
Contact the Writer: editor@nbr.co.nz
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Generate KiwiSaver invests $20m in venture capital fund
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