KARAKA
INVESTMENTS

Investment: Epicurean Holdings Limited - The Collective

Investment Date: May 2018

Development Stage: Expansion

Ownership interest: Pencarrow Fund V 27.5%

Sector: Gourmet food manufacturer and distributor

Where: New Zealand

About: The Collective, a leading manufacturer and distributor of gourmet yoghurt through the grocery channel, with operations in New Zealand and the United Kingdom. The Collective is positioned as a premium brand centred on high-quality fresh and natural ingredients. The Collective was founded in 2009 by Ofer Shenhav (Non-Executive Director) and Angus Allan (CEO NZ, Director). The Collective’s headquarters are based in Auckland and London for Australasia and Europe operations respectively.

Investment: Seequent Limited

  Investment Date: August 2018

Development Stage: Expansion

Ownership interest: Pencarrow Fund V c.10%

Sector: Visual data science software

Where: New Zealand

About: Seequent is a world leader in visual data science and geological modelling. Seequent has built a leading position in the mining and minerals sector with a blue chip customer base that includes the ten largest global mining firms, diversified across geography and mineral type.

Investment: Avanti Finance Limited

Investment Date: January 2019 

Development Stage: Expansion

Ownership interest: Pencarrow Fund V 9.2%

Sector: Finance_Lending

Where: New Zealand

About: Avanti is a leading New Zealand non-bank lending institution that provides a range of consumer loan products. Since its establishment in 1989 the Company has provided secured personal and motor vehicle loans and, more recently, has diversified into providing first residential mortgages and small-to-medium enterprise loans.

Investment: RedShield Security Limited

Investment Date: September 2019 

Development Stage: Expansion

Ownership interest: Pencarrow Fund V 18.7%

Sector: IT_Cybersecurity

Where: New Zealand

About: RedShield Security Limited was established in 2009 as Aura RedEye and became known as RedShield in 2012. RedShield, Wellington based, is a web application security-as-a-service business that provides advanced shielding and protection for web applications and application programming interfaces. 

Investment: New Zealand Frost Fans  Limited

Investment Date: November 2019 

Development Stage: Expansion

Ownership interest: Pencarrow Fund V 75%

Sector: Horticultural Services

Where: New Zealand

About: New Zealand Frost Fans was established in 1995 in Hawke’s Bay and designs and manufactures frost protection solutions for a wide range of crops. NZFF is the leading supplier of frost fans in Australia and New Zealand and has a top three position worldwide.