Chris Humphreys and I will be presenting about Punakaiki Fund tomorrow, Thursday, 6pm at Deloitte Auckland, 80 Queen St. Many thanks to Deloitte NZ for providing the space and to Snowball Effect for arranging this.
Signup here – space is limited.
The presentation is targeted at eligible investors who are interested in our latest offer. You can read about the Punakaiki Fund Wholesale Offer on Snowball Effect, or download the Information Memorandum. Come with questions.
Punakaiki Fund had assets of $15.16 million, as at December 31st, 2015, including $750,000 raised in December from this offer.
We have confirmed applications this round, including $462,000 via Snowball Effect, for just under $1 million more, giving a total of $1.71 million. The offer closes on Sunday.
The more we raise, the more we can help the 14 companies we have already invested into already, and the more we can place into new companies. We invest into companies that are growing – combined annualised revenue for the last quarter from the 14 companies was over $55 million, and 10 of those have annualised revenues of over $500,000 per year.
Our aim is to help grow outstanding New Zealand companies, and to generate great investor returns as a result.