Hauraki 2
Hauraki Private Equity No. 2 Fund (2004)
- Gross return to Fund of 3.9x
capital invested - Compound annual return to
Fund of 78%
| Fund Size: NZ$75.6 million | |||||
|---|---|---|---|---|---|
| INVESTMENT | TYPE | CAPITAL INVESTED | GROSS PROCEEDS | COMPOUND RETURNS | TIMES CAPITAL |
| Norfolk Group | Buy-Out/Management Buy-In & Turnaround |
$21.3m | $214.3m | 123% | 10.0x |
| BILDNZ Group | Buy-Out & Merger | $7.5m | $0.0m | N/A | 0.0x |
| Kathmandu | Buy-Out/Management Buy-In & Geographic Expansion |
$22.5m | $79.4m | 43% | 3.5x |
| Vision Senior Living | Expansion | $24.0m | Unrealised | Unrealised | Unrealised |
| TOTAL FUND (to date)1 | $75.3m1 | $293.7m1 | 78%1 | 3.9x1 |
1 Total Fund (to date) returns do not include unrealised returns from the Fund's last reamining investments in Vision Senior Living.
Returns from Vision Senior Living will increase Total Fund (to date) returns. Investors in Hauraki No. 2 Fund have, thus far, received compound net returns (after all fees and expenses) of 61% (3.3x money) on all cash invested in the fund. Proceeds from the fund’s investment in Vision Senior Living will increase these returns.
FUNDS
