Punakaiki Fund has a public offer that closes on Wednesday, 14 November at 5pm. Read the PDS and invest online at punakaikifund.co.nz/investnow After some gestation it’s great to be able to share the news about our latest investment in Melon Health. We are leading a $3.3 million investment round, with investments also from K1W1 and Impact Enterprise Fund. After …
Category Archives: Punakaiki Fund
Punakaiki Fund Interim Accounts – September 2017
Cross Posted from PunakaikiFund.co.nz We have released our September 2017 interim accounts, which are the half-year financial snapshot. These show that the assets of Punakaiki Fund were $31.56 million at the end of the quarter, of which $29.25 million was investments. The accounts show a profit of $1.145 million for the half-year, but we believe …
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Punakaiki Fund Raises $3.44 million
I am very happy to report that the December Offer for Punakaiki Fund raised a total of $3,438,750, from 187 investors. Those investors included 45 new investors, so there are now 670 investors holding shares in Punakaiki Fund. We are very thankful for that level of support.
Punakaiki Fund New Investment: Coherent Solutions
Cross posted from Punakaiki Fund. Punakaiki Fund is undergoing an offer to all New Zealand investors at the moment (closes on Thursday 21st). Read about it on the PunakaikiFund.co.nz website, where you can also find the Product Disclosure Statement. We are very happy to publicly announce our investment into Coherent Solutions. Coherent Solutions builds advanced …
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Punakaiki Fund December Offer – Now Open
Punakaiki Fund’s regulated offer to New Zealand investors for December 2017 is now open, and will close on Thursday 21st December. The next retail offer will not be until after 1 August 2018. Read the Product Disclosure Statement New investors are able to participate by filling out the application form at the back of the PDS, or, …
Linewize Acquired by Family Zone (ASX:FZO)
Cross post from Punakaiki Fund We are delighted to announce the sale of Linewize to Family Zone Limited (FZO.AX). Family Zone have released a comprehensive announcement to the ASX. Why the combination works There was almost immediate agreement, at the start of negotiations, that the combination of Linewize and Family Zone was good for both …
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Punakaiki Fund PDS – Highlights 1 – The structure
The Product Disclosure Statement (PDS) for Punakaiki Fund Limited is published, and the offer for new shares opens tomorrow, 9th November. Read the PDS to learn more. Here’s the structure of Punakaiki Fund. As you can see we have shareholdings of varying sizes in 18 companies.
Punakaiki Fund 2016 AGM and September Roadshow
We held our Annual General Meeting for Punakaiki Fund on Thursday last week, with over 70 people attending and chaired by Mike Bennetts. The group saw presentations from founders or senior staff from Weirdly, Vibe Communications, Vend, Onceit, Timely, Mobi2Go, EverEdgeIP, Mindfull, Redseed, Populate, and Linewize. We also presented briefly on the other companies where we have …
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Punakaiki Fund invests in Linewize
Crosspost from Punakaiki Fund. New Investment: Linewize Managing Internet access is hard – do you allow staff or your family to view the unfiltered internet, or block everything except for approved sites? It’s even harder at schools. On the one hand, you don’t want students accessing inappropriate content, or spending their time and the school’s bandwidth …
Punakaiki Fund invests in Populate
Crosspost from Punakaiki Fund. New Investment: Populate One of our core motivations at Punakaiki Fund is being able to help and watch companies create a large number of sustainable new jobs. And one of the best people around at hiring new people is Kirsti Grant, who was in charge of the rapid ramp-up of Vend’s …