Blossum AIP Wholesale Fund
Secured Private Credit | New Zealand SMEs | Growth & Balance Category

Invest in New Zealand's real economy through secured investment opportunities that support Small Medium Size Businesses
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Invest in New Zealand's Real Economy
A wholesale private credit fund providing secured lending to New Zealand small and medium-sized enterprises, aligned with the Active Investor Plus (AIP) Growth Category.

Available to wholesale & eligible investors only.
About the Fund
What is the Blossum AIP Wholesale Fund?
The Blossum AIP Wholesale Fund is a New Zealand-based wholesale managed investment scheme that provides secured private-credit financing to New Zealand small and medium-sized enterprises (SMEs).
Capital Deployment
The Fund deploys capital through first- and second-ranking mortgage-secured loans (real estate backed as collateral) to productive NZ businesses seeking working capital and growth finance.
New Zealand Focus
All investments are made wholly within New Zealand and are designed to support business productivity, employment, and economic activity.
Why This Fund Exists (AIP & Economic Rationale)
Addressing New Zealand's Funding Gap
New Zealand SMEs form the backbone of the economy but increasingly face funding constraints due to tighter bank credit conditions and regulatory capital requirements.
Flexible Credit Solutions
Providing flexible, secured credit solutions to SMEs
Disciplined Framework
A disciplined, governance-led investment framework for wholesale investors
By directing capital into productive enterprises, the Fund supports real economic outcomes while maintaining a conservative risk approach.
Investment Strategy
How the Fund Invests
Pooled private-credit fund
Investing in New Zealand SMEs.
Secured lending
Via first- and second-ranking mortgages, sometimes supported by general security agreements (GSA).
Typical loan terms
Of 12–24 months.
The Fund operates with clear exclusions to maintain its focused strategy:
No Consumer Lending
No Unsecured Lending
No Property Development or Passive Investment
All assets and income are denominated in New Zealand dollars, and the Fund does not maintain direct exposure to overseas companies or markets.
Risk & Portfolio Controls
Disciplined Portfolio Construction
The Fund applies disciplined portfolio construction and risk management, including:
LVR Cap
Portfolio weighted-average LVR capped at ≤75%
Borrower Exposure
Maximum 5% exposure per borrower
Sector Exposure
Maximum 20% exposure per sector (after 12 months)
Independent Review
Independent valuation review
Validation
Serviceability and exit-strategy validation
Active Loan And Portfolio Monitoring
These controls are designed to support capital preservation while maintaining portfolio resilience.
Target Borrowers & Economic Impact
Who the Fund Lends To
The Fund targets established New Zealand SMEs seeking:
working capital
business expansion finance
equipment acquisition
growth initiatives
Contribution to New Zealand
By lending exclusively to New Zealand SMEs, the Fund:
supports employment and productivity
enables business continuity and growth
directs capital into the real economy
aligns with the objectives of the AIP Growth Category
Geographic Focus
New Zealand only
The Fund prioritizes lending in New Zealand's main economic centres due to their concentrated economic activity and established infrastructure. Additionally, we seek to support strong regional enterprises that demonstrate robust growth potential and significant local impact within their communities.
Sector Focus (not limited)
Technology
Innovating and developing digital solutions.
Manufacturing
Producing goods and industrial products.
Food & beverage
From agriculture to finished culinary products.
Renewable energy
Sustainable power generation and solutions.
Aged care
Services supporting the senior population.
Primary sectors
Horticulture, forestry, agriculture, aquaculture.
Infrastructure
Essential services including tourism infrastructure.
Film, health and education
Creative, medical, and learning industries.
Responsible Investment & ESG
ESG & Reputation Protection
The Fund applies a formal ESG and Responsible Investment Policy, integrated throughout the investment lifecycle.
Key principles include:
1
Mandatory ESG screening prior to investment
2
Exclusion of activities that could prejudice New Zealand's reputation
3
Ongoing ESG monitoring for the duration of investment
4
Escalation and remediation of any material ESG issues
The Fund is committed to responsible capital deployment consistent with New Zealand's regulatory and reputational expectations.
Governance & Oversight
Strong Governance Framework
The Fund operates under a robust governance structure, including:
Investment Committee
an Investment Committee
Advisory Board
an Independent Advisory Board
Clear Authority
clearly defined delegated authority and oversight
The Investment Committee reviews portfolio performance, diversification, risk metrics, and compliance on a regular basis.
Investor Eligibility
Who Can Invest
Investment in the Fund is available exclusively to wholesale investors as defined under the Financial Markets Conduct Act 2013.
The Fund is intended for sophisticated investors, including those investing under the Active Investor Plus (AIP) visa programme, subject to eligibility and regulatory requirements.
Reporting & Transparency
Regular Investor Reporting
Investors receive regular reporting covering:
Portfolio Composition
portfolio composition
Credit Quality
credit quality and arrears
Loan Performance
loan performance
Distributions
distributions (where applicable)
All reporting is conducted in accordance with the Fund's governance and compliance framework.
Learn More About the Blossum AIP Wholesale Fund
To receive the Information Memorandum or speak with our investment team, please get in touch.
Our Highly Experienced Team
Our leadership team and independent advisory board bring a wealth of diverse experience across finance, investment, and New Zealand's real economy, ensuring robust decision-making and strategic oversight for the Blossum AIP Wholesale Fund.
Helen Nguyen - Founder & Managing Director
  • Helen is an experienced Chartered Accountant and the founder of Blossum, with a career spanning public practice, SME advisory, private credit, and financial governance across multiple sectors.
  • Helen oversees the Fund's governance framework, investment policies, credit approval processes, and AIP compliance.
  • Helen has founded and operated multiple professional services firms, including three SBA accounting practices (Flatbush, Pukekohe, and Newmarket), advising hundreds of SMEs on financial structure, forecasting, capital management and compliance.
  • Helen's leadership integrates technical accounting expertise with practical commercial insight, enabling Blossum to connect capital with real New Zealand businesses through responsible, secured lending. She frequently engages with advisers, regulators, private-credit partners, and high-net-worth investors to strengthen market perception, investor confidence, and long-term Fund sustainability.
  • Helen holds a Bachelor of Business majoring in Accounting and is a full member of Chartered Accountants Australia and New Zealand (CA ANZ).
Monika Nadan
Credit Manager
  • Monika is an experienced credit and lending specialist with a strong background in SME finance, loan structuring, portfolio administration, and credit risk assessment.
  • She plays a central role in Blossum's credit operations, overseeing loan underwriting, borrower analysis, valuation review, security verification, serviceability assessment, and ongoing risk monitoring.
  • Prior to joining Blossum, Monika worked across roles involving financial analysis, customer due diligence, loan servicing, and operational compliance, giving her a strong foundation in secured lending fundamentals.
  • Monika supports both the Director and Investment Committee through detailed credit reports, portfolio trend analysis, and early-warning monitoring to protect investor capital.
Lillian Li
Investment Manager
Lillian supports investors throughout the full investment lifecycle and provides operational oversight across onboarding, reporting and distribution management.
She works closely with SME borrowers and advisers to ensure smooth documentation, timely loan settlement and consistent communication.
With strong organisational capability and a collaborative approach, Lillian helps connect investors and SMEs by ensuring funding flows efficiently to the businesses that need it.
Chris Kelly
Investment Manager
  • Chris leads investor engagement and supports the evaluation of SME lending opportunities. He works directly with businesses to understand their funding requirements, assisting in gathering financial information and facilitating credit assessment.
  • Chris’s ability to translate SME needs into well-structured loan proposals supports Blossum’s mission of responsibly deploying capital into productive New Zealand enterprises while delivering a high-quality investor experience.

This information is provided for general information purposes only and does not constitute an offer or solicitation. Investment in the Blossum AIP Wholesale Fund is available only to wholesale investors. Past performance is not indicative of future results. No returns are guaranteed.

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