Pencarrow Private Equity
Private Equity Est. 1993
Also known as PP.
≈NZD 630M
Est. FUM
Sum of 3 funds raised 2016–2023; larger than the total stated by an earlier estimate
- Type
- Private Equity
- HQ
- Wellington, New Zealand
- Founded
- 1993
- Last fundraise
- 2023 (NZD 300M)
About
Pencarrow Private Equity is one of the most experienced private equity investors in Australasia. Pencarrow focuses on investments into mid-sized New Zealand based businesses across a range of sectors. Pencarrow has raised a total of six funds since founding in 1993, including its latest $250m fund closed in 2018.
Strategies
Growth Equity
Buyout
Investment Focus
Investment size
USD 20M - USD 50M
Reported investment size. Actual commitments may vary by stage, ownership and follow-on participation.
Investment Stages
Stages
Growth
Investment Geographies
Primary Markets
New Zealand
Coverage
Country-focused Regions
Oceania
Coverage is a guide only.
Location
Headquarters
Wellington, New Zealand
Office Presence
1 country
New Zealand
1 known office
Wellington, New Zealand (HQ)
Fundraising
Pencarrow Private Equity 2023 fund
2023
NZD 300M
source Pencarrow V Fund
2018
NZD 250M
source Pencarrow Bridge Fund LP
2016
NZD 80M
source Pencarrow Private Equity 2013 fund
2013
NZD 124M
source Pencarrow Private Equity 2011 fund
2011 - First close
NZD 75M
source AMP Pencarrow Private Equity Fund
2005
NZD 75M
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