Retirement Income Group raises $4.9 million to fund working capital
Investors into NZ's only annuities provider include Oriens Capital and Gareth Morgan.
Calida Stuart-Menteath Wed, 05 Sep 2018
Annuities provider Retirement Income Group has raised $4.9 million for working capital and to push sales and marketing.
The group, which trades as Lifetime Retirement Income, got a new shareholder in Tauranga-based private equity investor Oriens Capital, which took a 10% stake for $2.7m at $1.87
Want to read more? It's easy.
Choose your best value subscription option
Student
Exclusive offer for uni students studying at a New Zealand university (valued at $499).