Direct Capital

Established in 1994, Direct Capital is a prominent New Zealand private equity firm focusing on mid-market investments in New Zealand and Australia. The firm specializes in expansion, succession, and pre-IPO situations, typically investing between NZ$20 million and NZ$80 million in equity per company, and is comfortable with both minority and majority shareholdings. Direct Capital has raised over NZ$2.2 billion across multiple funds, with its latest fund, Direct Capital VII, raising NZ$525 million in 2024.

The firm's investment strategy encompasses various stages, including growth, buyout, pre-IPO, and succession, targeting a diverse range of industries such as healthcare, real estate, financial services, consumer goods, technology, industrial manufacturing, agriculture, logistics, media, telecommunications, energy, education, tourism, retail, and construction. Direct Capital's investor base includes sovereign wealth funds, pension funds, community trusts, iwi groups, religious trusts, and other institutional investors.

Direct Capital is a signatory to the United Nations Principles of Responsible Investment (UNPRI), reflecting its commitment to responsible investment practices. The firm has a strong track record of financial performance and a well-deserved reputation for creating value in its investee companies, contributing significantly to New Zealand's GDP and economic development.