RIG raises $1.7 million through Equitise!

Equitise is delighted to announce that our raise for Retirement Income Group, New Zealand’s first and only licensed variable annuity provider, has closed at $1.7 million. The raise was 117% overfunded, soliciting an enormous amount of interest from both New Zealand and Australian investors. The incredible amount of interest no doubt owed to the inherent appeal of the opportunity, which allowed investors to tap into the financial services industry’s most significant market opportunity – the transition from saving for retirement to the generation of a sustainable income in retirement. RIG has already assembled a world class board and team, and the raise will permit the company to capitalise on its early success and expand the business further. We wish Ralph, Rhys and Casey all the best for the future of their product, the Lifetime Income Fund. We are proud to allow Kiwis a chance to participate in their future success.

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