Origin Capital Fund 2 was raised in 2022 with total committed capital of $42 million from 110 investors. The Fund has been deployed across eight kiwifruit orchards and has included a combination of orchard development, conversion and mature orchard acquisitions. As at 28 February 2026, the Fund had a portfolio value of $75 million and was a top 10 shareholder in Zespri.
The Fund delivered total returns of 25% in the 2024/25 financial year and 34% in the 2025/26 financial year, for the years ended 28 February. These results reflected both underlying sector conditions and movements within the Fund's portfolio over the period. This methodical deployment, and focus on quality has meant that the Fund's financial performance has been excellent and the Fund is expected to produce annual distributions of 12% - 15% in the long term once all of its bare land development projects reach full production in the coming years.

Origin Capital Fund 2 was raised in 2022 with total committed capital of $42 million from 110 investors. The Fund has been deployed across eight kiwifruit orchards and has included a combination of orchard development, conversion and mature orchard acquisitions. As at 28 February 2026, the Fund had a portfolio value of $75 million and was a top 10 shareholder in Zespri.
Performance has been excellent. The Fund was deployed slowly, with a focus on ensuring high quality above all else. The Fund was deployed during a period of high interest rates and challenging growing seasons, which meant it was able to secure its orchard assets, and Zespri shares at attractive prices.This methodical deployment, and focus on quality has meant that the Fund's financial performance has been excellent and the Fund is expected to produce annual distributions of 12% - 15% in the long term once all of its bare land development projects reach full production in the coming years.


Origin Capital Fund 2 was raised in 2022 with total committed capital of $42 million from 110 investors. The Fund has been deployed across eight kiwifruit orchards and has included a combination of orchard development, conversion and mature orchard acquisitions. As at 28 February 2026, the Fund had a portfolio value of $75 million and was a top 10 shareholder in Zespri.
The Fund was deployed during a period of high interest rates and challenging growing seasons, which meant it was able to secure its orchard assets, and Zespri shares at attractive prices. This methodical deployment, and focus on quality has shaped a diversified portfolio of development, conversion and mature orchard assets.
Origin Capital Fund 2 Orchards:

Kōwhai Orchard
Edgecumb

Sids Orchard
Paengaroa

Brown Road Orchard
Te Puke

Maketu Road Orchard
Paengaroa

Matahui Point Orchard
Tauranga
(Under construction, planting 2026)

Kakapo Orchard
Paengaroa

Roydon Downs Orchard
Paengaroa

Kerkeru Orchard
Paengaroa

Origin Capital Fund 2
The second fund managed by fund managed by the Origin Capital Partners team focussed on investing exclusively in the New Zealand kiwifruit sector
(Closed for investment)
Maketu Road Orchard, Origin Capital Fund 2
Ōpōtiki

Kōwhai Orchard
Edgecumbe

Sids Orchard
Paengaroa

Brown Road Orchard
Te Puke

Maketu Road Orchard
Paengaroa

Kakapo Orchard
Paengaroa

Matahui Point Orchard
Tauranga
(Under construction, planting 2026)

Kereru Orchard
Paengaroa

Roydon Downs Orchard
Paengaroa
