NetFunds
About NetFunds

Capital deployed with
conviction and clarity.

NetFunds is a New Zealand-based alternative investment platform providing wholesale investors with structured access to commercial property, private credit, and private equity. We originate directly, manage actively, and maintain institutional-grade governance across every fund.

Why We Exist

New Zealand's engine room needs better capital.

In New Zealand, investment capital is largely concentrated in property and public markets. NetFunds exists to broaden that equation.

At the centre of our approach is the New Zealand SME. These businesses employ the workforce, support the property market, and drive the real economy. They are the engine room of New Zealand, yet remain structurally underserved by traditional capital. By directing capital into this segment, we align investor outcomes with real economic growth.

FSP 100992
Registered Provider
KPMG
Independent Auditor
Public Trust
Independent Trustee
NetProperty

Evergreen commercial property portfolio delivering income and capital growth from inception.

NetCredit

Senior secured lending to established New Zealand businesses: discipline first, yield second.

NetEquity

Diversified private equity through direct investments, secondaries, and co-investments.

Leadership

Experienced managers and operators.

NetFunds is the new name to a merger between investment managers of K2 Capital & Newbrook Private Capital.

NetFunds brings together decades of combined experienced in Credit, Equity and Commercial Real Estate across New Zealand and Australia.

Each of our directors is personally invested in NetFunds investments and are united by delivering institutional governance & risk management for generations to come.

Michael Karabassis
Michael Karabassis

Michael, previously of K2 Capital and ANZ bank, has extensive experience in credit management, large-scale transactions, and building long-term investment platforms. He ensures the team focuses on risk management, performance, and enduring relationships.

Dave Armstrong
Dave Armstrong

Dave leads our private credit offering with institutional experience in credit analysis, lending structures, and borrower onboarding. Dave's experience as investment director at Newbrook Private Capital & BNZ bank, ensures every deal meets our strict risk and return criteria.

Ben Storch
Ben Storch

Ben leads our property investments with a strong track record in sourcing, negotiating, and optimising commercial property assets. Ben ensures each property in the portfolio delivers sustainable returns and long-term value.

James Carr
James Carr

With a Masters in Engineering, Industrial Management & Physics, James's experience at Newbrook in credit analysis and his time as a lecturer at the University of Canterbury, he brings critical and analytical thinking that drives good decision making across NetFunds.

What We Value

Four principles. One standard.

01

Legacy

Enduring impact for generations. We build platforms, not products.

02

Partnership

Mutually successful collaboration with aligned interests at every level.

03

Growth

Delivering compounding results through capital that works harder over time.

04

Integrity

Our foundation of action. Governance is not a checkbox; it's our culture.

NetFunds investor event in the mountains

Ready to invest with us?

We welcome conversations with wholesale investors looking to diversify into private markets.