Milford is delighted to announce that it will close its capital raising for the Milford PE Fund II at its hard cap limit of $150,000,000.
The PE Fund was oversubscribed from current and new Milford investors. Investors in the PE Fund include high net worth individuals, family offices, Iwi, institutional investors and community trusts. Milford is pleased to be able to bring a number of new investors to the private equity asset class.
Milford will seek to deliver superior returns for investors in the PE Fund by finding and assisting high growth mid-sized companies in New Zealand to develop and potentially list on the New Zealand or Australian share markets. This fund extends on Milford’s philosophy of active management.
Brooke Bone and John Johnston, Investment Directors of the new PE Fund, are now focussed on the investment pipeline and creating value for investors.
The Milford Team
Disclaimer: This is intended to provide general information only. It does not take into account your investment needs or personal circumstances and so is not intended to be viewed as investment or financial advice. Should you require financial advice you should always speak to an Authorised Financial Adviser.