Private credit for eligible wholesale investors

Toroa Fund is a New Zealand wholesale unit trust offering eligible wholesale investors professionally managed private credit focused primarily on established Māori enterprises. The Fund uses cashflow-first underwriting, active monitoring and trustee oversight. Target returns and distributions are not guaranteed.

Common questions

Who can invest in Toroa Fund?

Investment in Toroa Fund is available only to eligible wholesale investors. Eligibility and full terms are set out in the current Information Memorandum and governing documents.

Are Toroa Fund’s target returns or distributions guaranteed?

No. Toroa Fund states that target returns and distributions are not guaranteed. Distributions are intended quarterly, subject to available income and liquidity, and investment remains subject to the Fund’s terms.

What does Toroa Fund invest in?

The Fund focuses primarily on secured private credit to Māori enterprises. It describes its approach as cashflow-first, with active covenant and borrower monitoring and diversification across borrowers, regions and sectors.

What investor reporting does Toroa Fund provide?

The Fund overview lists quarterly net asset value, unit pricing and investor reporting. Refer to the current Information Memorandum and governing documents for complete terms.