FNZC, Simplicity and K1W1 support Icehouse Ventures
It’s inspiring to see successful wealth management institutions support investment in early stage high growth ventures as they see the value for their investors.
Simplicity KiwiSaver has committed to investing $100 million over the next five years into New Zealand companies seeking expansion capital.
It will invest the money into funds managed by Icehouse Ventures, a new company to be launched in May, designed to accelerate the growth and development of Kiwi companies with global aspirations.
Icehouse Ventures will be co-owned between The Icehouse start-up accelerator, Sir Stephen Tindall’s investment company K1W1, Simplicity and investment banking firm FNZC.