Publications

NZVIF produces a number of resources and publications on developments in the venture capital sector and to assist the sector’s development.

We also produce corporate information on NZVIF’s performance, goals and objectives.

Annual Report

NZVIF reports annually on the organisation’s performance towards meetings its goals and objectives.
Read the most recent annual report

Previous annual reports

A Guide to Private Equity Investing in New Zealand

In 2007, NZVIF researched the role of New Zealand institutional investors in private equity investment in New Zealand. The report provides institutional investors with an insight into why private equity, as a subset of alternative assets, should be part of a diversified portfolio.
Read the guide

A Guide to Venture Capital Term Sheets

To help implement best practice investment arrangements and documentation, NZVIF has developed this guide to developing a venture capital term sheet.
Read the guide

Venture Capital and its Development in New Zealand

In 2009, the Law and Economics Consulting Group (LECG) with the assistance of Josh Lerner, the Jacob H. Schiff Professor of Investment Banking at Harvard Business School provided update on the development of the New Zealand venture capital market, together with guidance on future policy direction.
Read the study

A Study of New Zealand's Venture Capital Market

In 2005, the Ministry for Research, Science and Technology commissioned LECG - a consulting services firm – to prepare a study of venture capital in New Zealand. The study looks at the role of venture capital in innovation and growth, venture capital in New Zealand, and implications for public policy development.
Read the study

Statement of Intent (SOI)

Each year, NZVIF is required to prepare a Statement of Intent setting out the intentions and objectives for NZVIF for the next five years.
Read the most recent SOI

Previous SOIs

The Business of Angel Investing in New Zealand: A Guide

This guide provides a resource for those interested in angel investing and who are keen to learn the basics. It sets out the basic of angel investing, and interviews a number of angel investors and entrepreneurs on their experiences.
Read the guide

To request a hardcopy of the guide please email venture@nzvif.co.nz, include your mailing address and number of copies you require.

The Valuation of Early-Stage Investments in New Zealand

This report uses data collected from funding rounds invested into 186 companies between early 2004 and December 2010. This is the first report of its kind looking that looks at the New Zealand market and it provides a significant base for future research and analysis.
Read the report

Young Company Finance

NZVIF – along with Economic Development Association of New Zealand (EDANZ), the New Zealand Private Equity and Venture Capital Association (NZVCA) and the Angel Association New Zealand - produce Young Company Finance (YCF). YCF provides our local private equity market with a regular source of deal information, industry news, and features on specific deals or people.

This initiative is an important part of the market development and education for the New Zealand private equity market, and is published quarterly.
Read the latest issue

Previous Issues

An American Angel's Perspective on the Entrepreneurial Landscape in New Zealand

In June 2010 Bill Payne, one of the United States' foremost angel investors, concluded a five month stay in New Zealand as the BNZ University of Auckland Business School Entrepreneur In Residence advising investors, entrepreneurs and students. Mr Payne prepared a report for the New Zealand Venture Investment Fund providing reflections based on his observations of New Zealand entrepreneurs and angel groups during his visit.
Read the report

New Zealand Private Equity Returns 1994-2010

Unlisted businesses make up a significant proportion of enterprise in New Zealand and are a major driver of growth in the New Zealand economy. Private equity provides access to this investment opportunity. Yet many investors, including institutional investors, have been reluctant to invest due to the limited transparency on the performance of private equity, as an investment class, in New Zealand. This research seeks to address that by investigating the returns from private equity investment into New Zealand companies over a 16 year period.
Read the paper

Download Acrobat Reader

Acrobat Reader is required to view PDF files. Download Free Adobe^® Acrobat Reader and follow the installation instructions on Adobe's website.