Industry Reports & Research

Overview

NZVCA’s research programme compiles and publishes a wide range of statistics and research on the New Zealand private equity and venture capital industries. The programme’s key focus areas include:

Key statistics: The NZVCA/Ernst & Young Private Equity & Venture Capital Monitor reports on fundraising, investment and exits
Performance benchmarks: the NZVCA/Cambridge Associates partnership promotes collection of performance data for New Zealand PE and VC funds
Topical research & surveys: NZVCA supports research on topics of strategic importance and interest to members

Data

NZVCA supports greater understanding of the New Zealand VC and PE industry through the provision of reliable data & statistics relating to the industry. NZVCA industry activity and performance data is accessible by the general public. Where feasible (and where such information is not confidential) we also provide customised industry research on request, solely for our members. To get the most out of our research program, you should explore the benefits of membership.

Data collection programme

NZVCA’s data collection programme consists of the collection of:

Fundraising, investment and exit data from GPs via NZVCA’s confidential data collection in association with Ernst & Young; and
Performance data collected by Cambridge Associates.

Performance data

Eligible members will receive applicable index and benchmark statistics directly from Cambridge Associates.

Private Equity & Venture Capital Monitor

New Zealand Private Equity and Venture Capital Monitor

The Private Equity and Venture Capital Monitor is a joint initiative launched by the NZVCA and Ernst & Young in September 2003

This survey enables the NZVCA to:

create accurate information on the size and structure of the venture capital and private equity industry in New Zealand
facilitate analysis of industry trends and portfolio returns over time
better quantify the impact of the industry on the New Zealand economy
assist the NZVCA in setting its strategic objectives

NZ Venture Capital Monitor Results

2016 Full Year results
2015 Full Year Results
2014 Full Year Results
2013 Full Year Results
2012 Full Year results
2011 Full Year results
2010 Full Year results
2009 Full Year results
2009 1st half results
2008 Results
2008 1st half results
2007 results
2006 results
2005 results
2004 results
2003 results
2002 results

Young Company Finance

New Zealand Young Company Finance Issues

Research Library

What is private equity and venture capital?

NZ VC Industry Faces Challenges Research Auckland University (Dec 2013)
Private Equity and Venture Capital Explained AVCAL (2011)
The microeconomic structures of private equity BVCA (2011)
Private Equity Demystified: 2012 Update 2nd ed ICAEW (2012) NEW
What is Private Equity? video: Part 1 and Part 2 Sky Business Channel (2009)
Public Value: A Primer on Private Equity PEGCC (2007)
Guide to PE and VC for Entrepreneurs EVCA (2007)
Venture Voices videos NVCA
VentuReality video: an entrepreneur’s quest for funding NVCA

M&A deal value by Private Equity doubles

New Zealand saw private equity’s (PE) contribution to overall merger & acquisition deal value double in FY2015 according to the latest Market Observations report from the New Zealand Private Equity & Venture Capital Association (NZVCA) and S&P Capital IQ.

Private equity and venture capital performance

New Zealand Private Equity Returns
1994-2012

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 an 18 year period.