First Light Capital
First Light Capital has settled the purchase of the Parnell Service Limited business including the management rights to a portfolio of 19 commercial & industrial properties.
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FLPFL is completing due diligence on 233 Collingwood Street, Hamilton CBD. This is a high-quality and modern commercial building in a premium location.
read moreNew Zealand Limited Partnerships are separate legal entities in law but are disregarded for tax purposes. Partners have limited liability as long as they do not participate in the management of the Limited Partnership. Management of the Limited Partnership is conducted by the general partner. Limited Partnerships are a suitable Fund or Syndicate structure in a range of circumstances. They are also recognised internationally and are often preferred by non-NZ resident investors.
read moreTo qualify as a Wholesale Investor, you must meet the criteria set out in Schedule 1 of the Financial Markets Conduct Act 2013 (FMCA). There are several ways you can qualify as a Wholesale Investor including the following
read moreWidely-held companies and unit trusts that meet certain eligibility criteria can elect to be “Portfolio Investment Entities” for tax purposes. For “Multi-rate PIEs”, shareholders and unitholders are treated as if they own the underlying investments of the company or unit trust and are taxed on their proportional share of the net income from these investments at their own marginal tax rate, capped at 28%.
read moreFirst Light Capital is the manager of the Funds and Syndicates and is an AML/CFT reporting entity. We are therefore required to comply with New Zealand's Anti-Money Laundering and Countering Financing of Terrorism Act 2009 and similar AML laws of other countries.
read moreWe are excited to announce the purchase of the management rights to the Parnell Services Ltd portfolio of commercial and industrial properties.
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