Waterman Fund 2

Waterman Fund 2, managed by Waterman Capital, is a private equity growth and expansion fund established in 2011. Based in Auckland, New Zealand, the fund focuses on investing in mid-market businesses within the country, specifically targeting companies with enterprise values ranging from NZD 10 million to NZD 50 million. Waterman Fund 2 typically invests between NZD 7 million and NZD 8 million in these businesses, aiming to foster growth and create value. The firm specializes in later-stage investments, steering clear of early-stage opportunities and sectors such as property, resources, and primary industries. Waterman Capital, founded in 2004, emphasizes active involvement in its portfolio companies, often seeking board representation to guide the strategic direction of its investments.

Daniel Field

Investment Associate

Simon Kriechbaum

Investment Manager

Chris Marshall

Executive Director

Phil Maud

Strategy and Operations Director

Aleksander Noble-Campbell

Investment Associate

Matt Riley

Executive Director

David Sainsbury

Investment Manager

Amanda Smith

CFO

Jacques Venter

Executive Director

Past deals in New Zealand

Farro Fresh

Private Equity Round in 2022
Farro Fresh Food is a company that provides food and beverage for customers of high quality. To showcase the very best of New Zealand's food, the duo created a retail space. At Farro, they aim to make our grocery shopping an experience and not a chore by creating a retail environment that offers a sense of discovery. They take the job of choosing products for their shelves very seriously and strive to provide food that is also in line with their desires - free from artificial ingredients, of high quality, provides value, and of course is delicious.

Fusion5

Acquisition in 2021
We provide consulting and implementation services to help organisations improve their businesses. Our large teams of specialist and experienced consultants provide thought leadership and best practice consultancy to drive business value, as well as highly skilled implementation and support services to deliver core business applications. Our integrated approach enables customers to source their implementation and support services, across core business applications, from one key Partner. Our team of highly qualified project managers and consultants means our track record for delivering on time, on budget projects is second to none. Our ability to support a wide range of business applications means our customers can enjoy the benefits of consolidated support through a highly committed business partnership. Today, our services are utilised by over 700 customers and our success is recognised by our key partners including Oracle, Microsoft, Aptean, NetSuite and HEAT Software. With more than 270 people in nine cities across Australia and New Zealand we have enjoyed rapid growth in our local markets.