KiwiSaver into local VC keeps Kiwi firms hanging around: Stubbs
KiwiSaver providers Simplicity and Generate have taken substantial stakes in Icehouse Ventures’ latest growth fund.
Simplicity managing director Sam Stubbs.
Putting KiwiSaver funds into private assets, specifically venture capital, would allow more companies to grow big enough to list on the NZX and avoid being gobbled up by the likes of Silicon Valley.
That is but one explanation outlined by Simplicity managing director Sam Stubbs for the KiwiSaver
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