Pie adds new ingredient to its funds

The Auckland-headquartered fund manager has entered a new partnership with Altered Capital, becoming the first KiwiSaver provider to invest in the New Zealand venture capital firm.

The investment will form between 2-4% of the Pie KiwiSaver Scheme Aggressive Fund, giving members access to a concentrated portfolio of high-growth private New Zealand technology firms.

Altered Capital’s venture strategy focuses on backing exceptional founders who have already proven product–market fit and are looking to scale rapidly. The firm’s approach combines deep local support with global venture expertise, helping ambitious founders unlock their potential and take New Zealand innovation to the world.

Altered’s previous New Zealand investment success stories include Crimson Education (global education-tech), Starboard (maritime intelligence) and Oritain (supply chain verification).