Pohutukawa VI is modelled on its successful predecessors, Pohutukawa I, Pohutukawa II and Pohutukawa V. Like Pohutukawa I, II and V, Pohutukawa VI will be managed by Direct Capital and will invest pro-rata alongside Direct Capital’s latest institutional fund, Direct Capital VI.
The new fund will continue to focus on mid-market private equity growth investments in New Zealand and Australia.
The Offer was made to Wholesale Investors/Eligible Investors and successfully closed on 20 March 2020 with $70 million raised.