Investment company reports half year profit of $631.5m.
As increasing costs make rental property investment less attractive, a shortage crisis could be just around the corner.
Peter Thiel - already an investor in Xero and Pacific Fibre - joins the Valar Ventures Fund along with government-backed NZVIF and Rangatira.
Specialist investment fund plans to quote shares on Unlisted.
As the era of high returns of now appears to be over, the amount investors are paying in fees is taking a higher real proportion out of investment returns, especially once tax and inflation are taken into account.
The new appointment follows news the company has raised $3.8 million in new capital.
With strong fundamentals and high growth potential, Asia could provide an attractive investment option in the current lower valuation environment.
$8 million investment partnership between Angel HQ and New Zealand Venture Investment Fund widens business opportunities for young Wellington-based companies.