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What is the size of the NZ Private Capital market?

2019 was another year of record activity, with $2.2b of combined investments and divestments across private capital transactions.

Mid-market investment activity in 2019 totalled $398.8m, an increase from $245.0m achieved in 2018 and higher than the previous record of $333.7m recorded in 2017.

Meanwhile, 2019 continued to be a strong year in the VC space, albeit total investment activity ($112.2m) is lower than 2018 ($269.7m) which was a record year due to the significant Rocket Lab investment. Removing the Rocket Lab investment, total investment activity in 2019 would almost double that of 2018 indicating there is strong growth in the core VC space.

The NZ Private Capital Monitor is a joint initiative launched by the NZ Private Capital and Ernst & Young in September 2003.

This survey enables the NZ Private Capital to:

  • create accurate information on the size and structure of the private capital industry in New Zealand;
  • facilitate analysis of industry trends and portfolio returns over time;
  • better quantify the impact of the industry on the New Zealand economy; and
  • assist the NZ Private Capital in setting its strategic objectives;

Read the latest report


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