# Direct Capital: portfolio, investments and team > Direct Capital is a private equity based in New Zealand. 6 investments on record, latest Mar 2009. Portfolio, stages, co-investors and team. Source: https://millionrounds.com/fund/direct-capital (Millionrounds; every figure on the page links to its filing or article) New Zealand · [Investor](https://millionrounds.com/investors) # Direct Capital Filed with the SEC to raise a fund in Dec 2024, closing $525M. Last cheque observed Mar 2009. Email Quiet New fund $525M, Dec 2024 Private equity Seed Series A Private Companies Follow Direct Capital and see its new cheques in your feed. [Start following](https://millionrounds.com/login?join=1&why=follow&next=%2Ffund%2Fdirect-capital) Cheques on record **0%** of best year **0** **cheques in 12 months**, 6 on record Since the last cheque **6435** days **00** hrs **00** min **00** sec Median round **$5.1M** Cheque size, as they say **$30M – $100M** Rounds led **0 of 6** Sole investor **1 rounds** Mostly in **New Zealand, 50%** Pitch Direct Capital ## Direct Capital highlights - 01 6 rounds on record - 02 Mostly Venture and Series C: 100% of its rounds - 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:** Seed Series A - **Sectors:** Private Companies - **Based in:** Auckland, New Zealand - **Cold pitches:** Not accepted ## The record Every round we can evidence, newest first **6 appearances** - **2009** 1 round - **Mar** **[GFG Group](https://millionrounds.com/company/gfg-group)** Venture · NZ · atmmarketplace.com **$10M** With 1 other - **2008** 1 round - **Mar** **[Momentum Energy](https://millionrounds.com/company/momentum-energy)** Venture · AU **$3.1M** Sole investor - **2006** 2 rounds - **Dec** **[Redfern Integrated Optics](https://millionrounds.com/company/redfern-integrated-optics)** Venture · US · deals.venturebeat.com **$7.0M** With 2 others - **Feb** **[Enprise Solutions](https://millionrounds.com/company/enprise-solutions)** Venture · NZ · enprise.com **$1.0M** With 1 other - **2005** 2 rounds - **Jul** **[Redfern Integrated Optics](https://millionrounds.com/company/redfern-integrated-optics)** Series C · US · rio-inc.com **$8.4M** With 6 others - **Feb** **[GFG Group](https://millionrounds.com/company/gfg-group)** Venture · NZ · gfg-group.com **$3.0M** With 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. - [**Accident Compensation Corporation** 1 fund](https://millionrounds.com/fund/accident-compensation-corporation) Fund Vintage Committed Direct Capital Direct Capital VII - - ## 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. New fund on file **$525M** raised in Dec 2024 From its SEC filing, not a journalist: a firm that has just raised has money to deploy. ## The cheque Seed Series A Median round joined **$5.1M** the round, not its cheque Alone, median **$3.1M** Led 0 of 6 rounds **0%** - **Said size:** $30M – $100M - **Sole investor:** 1 rounds - **Last cheque:** Mar 2009 Rounds by stage said on their site - Venture *5* - Series C *1* - Seed said *-* - Series A said *-* Cheques by year Led Joined 2005 2009 Often in the room with - [Advent International](https://millionrounds.com/fund/advent-international) 3 - [Endeavour Capital Limited](https://millionrounds.com/fund/endeavour-capital-ltd) 2 - [Jolimont Capital](https://millionrounds.com/fund/jolimont-capital) 2 - [Tallwood Venture Capital](https://millionrounds.com/fund/tallwood-venture-capital) 2 **Pitching Direct Capital?** Put them on your fundraising board with this record on the card, and follow them to hear when they write a new cheque. Add to your CRM *→* ## 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. [**Advent International** Private equity **3** rounds together](https://millionrounds.com/fund/advent-international)[**Endeavour Capital Limited** Investment firm **2** rounds together](https://millionrounds.com/fund/endeavour-capital-ltd)[**Jolimont Capital** Investment firm **2** rounds together](https://millionrounds.com/fund/jolimont-capital)[**Tallwood Venture Capital** Growth equity **2** rounds together](https://millionrounds.com/fund/tallwood-venture-capital) ## Mentioned on podcasts Episodes that name Direct Capital in their description, not their title. - [Inevitable](https://millionrounds.com/podcasts/inevitable) 13 Apr 2023 · 45 min Startup Series: Syzygy Plasmonics Mentions [Carbon Direct Capital](https://millionrounds.com/fund/carbon-direct-capital)[Direct Capital](https://millionrounds.com/fund/direct-capital) Apple PodcastsShow page ## 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. ## Raising now? Find the investors who back rounds like yours, and keep every conversation on one fundraising board. Find similar investorsOpen your CRM Built from the rounds we watched, its filings and its own website, refreshed every night. [How we count](https://millionrounds.com/methodology) · [Report a correction](https://millionrounds.com/corrections?slug=direct-capital) · [Is this your firm? Claim it](https://millionrounds.com/claim?org=direct-capital)