Fund 3 is accepting applications now!
If you want to get started with angel investing, a fund is a great way to start! To invest in EA Fund 3 or find out more information, complete the EXPRESSION OF INTEREST form.
Why do Enterprise Angels encourage investors to invest in Funds?
- To provide investors access they would not otherwise have to a high risk, high reward part of the market investing alongside experienced early stage investors, and
- To enhance investor returns. The best way to improve returns is to develop a portfolio of investments (diversify!); the Fund is an efficient way for investors to achieve this.
EA Funds invest alongside EA members in seed, startup and early expansion companies both locally and around New Zealand.
Funds 1 & 2
Enterprise Angels launched their first Fund (EA Fund 1) in August 2014 and raised $2.4m, all investors have received distributions and the fund is tracking at a net IRR of 11.6%.
EA Fund 2 was launched in 2016 and raised $2.6m, all investors have received distributions and the fund is tracking at a net IRR of 9%.
Although EA Fund 2 is no longer open for investment, the promotional video offers further general information on why you should invest in an Angel fund.
Expression of Interest
This Expression of interest is not legally binding and you are entitled to withdraw your expression of interest at any time prior to signing the formal binding documentation.