New Zealand · Investor

Direct Capital

Filed with the SEC to raise a fund in Dec 2024, closing $525M. Last cheque observed Mar 2009.

QuietNew fund $525M, Dec 2024Private equity

SeedSeries APrivate Companies

Cheques on record
0%of best year0cheques in 12 months, 6 on record
Since the last cheque6435days00hrs00min00sec
Median round$5.1MCheque size, as they say$30M – $100MRounds led0 of 6Sole investor1 roundsMostly inNew Zealand, 50%
Pitch Direct Capital

Direct Capital highlights

  1. 01

    6 rounds on record

  2. 02

    Mostly Venture and Series C: 100% of its rounds

  3. 03

    Sole investor in 1 rounds, median $3.1M

What they do

Direct Capital invests in the New Zealand and Australian mid-market private company sector in expansion, succession and pre-IPO situations.From their own website
Type
Private equity (from a list, unverified)
Cheque size
$30M – $100M as they say
Stages
SeedSeries A
Sectors
Private Companies
Based in
Auckland, New Zealand
Cold pitches
Not accepted

The record

Every round we can evidence, newest first6 appearances

  1. 2009

    1 round

  2. Mar
    GFG GroupVenture · NZ · atmmarketplace.com$10MWith 1 other
  3. 2008

    1 round

  4. Mar
    Momentum EnergyVenture · AU$3.1MSole investor
  5. 2006

    2 rounds

  6. Dec
    Redfern Integrated OpticsVenture · US · deals.venturebeat.com$7.0MWith 2 others
  7. Feb
    Enprise SolutionsVenture · NZ · enprise.com$1.0MWith 1 other
  8. 2005

    2 rounds

  9. Jul
    Redfern Integrated OpticsSeries C · US · rio-inc.com$8.4MWith 6 others
  10. Feb
    GFG GroupVenture · NZ · gfg-group.com$3.0MWith 2 others

An announcement gives the size of the round, not the size of this investor's cheque: the only rounds that imply a cheque are those where they were the sole named investor.

The team

We hold 10 people at this firm from the lists this database was built from: a weaker source than the filings, since a list does not say when a title ended. Login to see them.

Who backs their funds

1 LP on record in Direct Capital's funds

Funds
1

The institutions that put money into its funds, which the firm then invests in companies.Source: fund news.

What they claim to have backed

From their own portfolio page (on their website)

0 of 1 we have independently watched raise

Right Hand Man

Weaker than a round we watched, stronger than a list somebody sold us. A firm is far less willing to put a company on its own site that it never funded.

Who they invest alongside

The investors most often in the same rounds as Direct Capital. A count of rooms they were both in, not a relationship either has claimed.

Mentioned on podcasts

Episodes that name Direct Capital in their description, not their title.

Quick answers about Direct Capital

What does Direct Capital invest in?

Direct Capital invests most often at Venture and Series C (100% of the rounds on record), in sectors such as Private Companies.

How active is Direct Capital?

6 investments on record, 0 of them in the last 12 months. The most recent was in Mar 2009.

How big are Direct Capital's cheques?

The median round it joins is $5.1M. It says it writes cheques of $30M to $100M.

Does Direct Capital lead rounds?

Rarely, if at all: none of its 6 investments on record names it as the lead.

Where does Direct Capital invest?

Most of the companies it backs are in New Zealand (50%), the United States (33%) and Australia (17%).

Is Direct Capital investing now?

No investments in the last 12 months; the latest was in Mar 2009.

Who does Direct Capital invest alongside?

Most often Advent International (3 rounds together), Endeavour Capital Limited (2 rounds together) and Jolimont Capital (2 rounds together).

What kind of investor is Direct Capital?

Direct Capital is a private equity firm based in Auckland, New Zealand.

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Built from the rounds we watched, its filings and its own website, refreshed every night. How we count · Report a correction · Is this your firm? Claim it