We are actively investing the $300 million Pencarrow VI Fund, targeting established New Zealand businesses that are focused on growth and have positive cash earnings.

We are also managing a portfolio of assets invested from Pencarrow Bridge Fund (2016 vintage) and Pencarrow Fund V (2018 vintage), which are both now closed to new investments. Pencarrow Funds I, II, III and IV have been successfully deployed and investor capital has been returned ahead of target return hurdles.