New Ground Capital

New Ground Capital runs two strategies: a housing strategy that originates and manages build-to-rent residential investments for institutional and wholesale investors, and an impact funds strategy targeting financial returns with social and environmental outcomes. Both are concentrated in New Zealand. The housing strategy operates through a subsidiary, New Ground Living, which manages the residential portfolio on the ground.

New Ground Living is a subsidiary brand that handles the operational side of the housing investments. It manages the rental communities that New Ground Capital originates and funds. This creates a vertically integrated structure where the asset manager controls both the investment vehicle and the property-management function, rather than outsourcing to a third party.

No, based on all available public disclosures the firm invests exclusively in New Zealand. The build-to-rent strategy is explicitly designed around New Zealand's housing market. The impact funds are framed as addressing challenges 'in New Zealand and beyond,' but no specific offshore investments are identified.

New Ground Capital does not publicly name its principals, investment committee members, or key decision-makers on its website. No executive team page or leadership biographies are available. This is unusual for a firm soliciting institutional and wholesale investors and may merit direct inquiry during due diligence.

The firm structures its own investment vehicles — housing funds and impact funds — rather than committing to third-party funds. Deployment is direct into the development and management of residential real estate assets. There is no indication of a fund-of-funds program or external manager selection.