Latest news with #Generate
Scoop
30-06-2025
- Business
- Scoop
Generate Appoints Matt Hanchet As Investment Distribution Manager
Press Release – Generate Before the role at Mint, Matt spent five years at Generate where he started in customer relationship management before heading to Distribution and becoming a Business Development Manager. Generate, one of New Zealand's leading KiwiSaver and wealth providers, is pleased to announce that Matt Hanchet is returning to Generate and joining the team as Investment Distribution Manager. Matt was most recently Head of Retail Distribution at Mint, where he led adviser engagement and helped shape distribution strategy, product positioning, and media relationships. He worked closely with the investment team to align messaging with Mint's investment process and played a key role in lifting their market presence. Before the role at Mint, Matt spent five years at Generate where he started in customer relationship management before heading to Distribution and becoming a Business Development Manager. Generate KiwiSaver Scheme has more than 170,000 members and more than 7 billion funds under management. Generate's portfolio of eight managed funds is becoming a central focus as more informed Kiwis seek expert guidance to build their financial futures beyond KiwiSaver. Matt's new role will be key to increasing the rollout of managed funds within Generate's third-party adviser network. Matt says, 'I'm excited to take on the role of Investment Distribution Manager. It's a significant opportunity to help advisers across New Zealand fully leverage Generate's excellent range of managed funds.' Says Kristian James, Generate Head of Distribution: 'Matt's leadership and skills were highly valued during his previous tenure with Generate. Now we're excited to have him back in this key distribution role.'
Scoop
30-06-2025
- Business
- Scoop
Generate Appoints Matt Hanchet As Investment Distribution Manager
Generate, one of New Zealand's leading KiwiSaver and wealth providers, is pleased to announce that Matt Hanchet is returning to Generate and joining the team as Investment Distribution Manager. Matt was most recently Head of Retail Distribution at Mint, where he led adviser engagement and helped shape distribution strategy, product positioning, and media relationships. He worked closely with the investment team to align messaging with Mint's investment process and played a key role in lifting their market presence. Before the role at Mint, Matt spent five years at Generate where he started in customer relationship management before heading to Distribution and becoming a Business Development Manager. Generate KiwiSaver Scheme has more than 170,000 members and more than 7 billion funds under management. Generate's portfolio of eight managed funds is becoming a central focus as more informed Kiwis seek expert guidance to build their financial futures beyond KiwiSaver. Matt's new role will be key to increasing the rollout of managed funds within Generate's third-party adviser network. Matt says, "I'm excited to take on the role of Investment Distribution Manager. It's a significant opportunity to help advisers across New Zealand fully leverage Generate's excellent range of managed funds.' Says Kristian James, Generate Head of Distribution: 'Matt's leadership and skills were highly valued during his previous tenure with Generate. Now we're excited to have him back in this key distribution role.'
Scoop
24-06-2025
- Business
- Scoop
Generate Invests In Halter - New Zealand's Fastest Growing Technology Company
Generate is pleased to announce that it has invested $10 million into Halter - a rapidly growing New Zealand-founded and headquartered company. Generate bought secondary shares and joined a $165m capital raise led by US venture capital firm, Bond. The team at Bond have notably been investors in industry pioneers including AirBnB, DocuSign, Facebook, Stripe, and Uber. Founded in 2016, Halter has grown to become the leading operating system to run a dairy or beef farm. Halter's system includes a solar-powered smart collar for each cow and an app that lets farmers manage their cattle and pasture from their phone. The collar's sound and vibration cues enable farmers to virtually fence, move, and monitor their cattle 24/7. Halter launched their commercial farm in New Zealand in 2021. Since then, they have scaled to >1,000 farms across New Zealand, Australia, and the USA. In 2024, they were named New Zealand's fastest growing company by the Deloitte Fast 50 Index. Generate's investment in Halter, via its Balanced, Growth and Focused Growth funds, follows its earlier strategic investments in venture capital firms Movac and Icehouse Ventures to help accelerate more New Zealand tech companies. Generate's Chief Investment Officer Sam Goldwater said, 'We're excited our members have the opportunity to join in on Halter's remarkable growth story. It is a company that can generate great returns for our investors while enabling New Zealand's largest export industry to simultaneously create more value and deliver environmental benefits.' Advertisement - scroll to continue reading As Halter CEO and Founder Craig Piggott noted, 'Farmers are the backbone of rural communities. They feed society and play a key role in building sustainable food systems. Halter farmers are pioneering a more productive and sustainable way to farm.' Generate's investment team has been tracking Halter over many years largely thanks to their investment in Icehouse Ventures Growth Fund II, a substantial investor in Halter. The decision to invest further reflects the significant commercial and technical milestones achieved by Halter over the last few years. 'Halter's traction with cattle ranchers in the US has been particularly impressive. They have secured ranchers from Oregon to Louisiana and are proving their system can provide transformative impact.' Their commercial traction - and foundations for significantly more growth - generated notable interest from investors around the globe. The capital raise attracted offers from multiple investors and even resulted in several flying to New Zealand to pitch their offer. That Generate secured an allocation reflects the success of its long-term, proactive, and strategic investment into New Zealand tech companies. Halter's expansion throughout New Zealand has been particularly impressive - now with customers in every region and up to 30% market share in some farming regions. Coupled with their traction with cattle ranchers in the US they are proving their system can provide transformative impact. 'We are delighted to have more than 135,000 of Generate's investors aligned to our mission to help farmers to thrive — it's fantastic to have New Zealanders backing Halter's growth capital.', Craig Piggott commented. About Generate: Generate is an award-winning New Zealand-owned KiwiSaver and Managed Fund provider committed to helping New Zealanders plan for a secure and fulfilling retirement. With a team of expert advisers and track record of strong long-term performance, Generate aims to educate and empower Kiwis to make informed decisions to maximise their financial future. About Halter: Founded in 2016, Halter is the leading operating system to run a dairy or beef farm. Thousands of farmers in New Zealand, Australia and the US use Halter to run their farm, with new customers going live daily. Halter is headquartered in Auckland and employs over 200 people across New Zealand, Australia, and the US. About Icehouse Ventures: Icehouse Ventures' mission is to be transformative investors in transformative Kiwi technology companies. Over the last 20 years, Icehouse Ventures has invested >$500m into >350 New Zealand startups. They were among the first investors in Halter, Mint Innovation, Dawn Aerospace, Tradify, OpenStar, Hnry, Tracksuit, and Crimson Education.
Scoop
23-06-2025
- Entertainment
- Scoop
$75,000 Raised As Kiwis Take Mid-Winter Dip For Ocean Health
An estimated 400+ brave Kiwis took to beaches, lakes and rivers across New Zealand — and even Antarctica — over the Matariki long weekend as part of the Live Ocean Winter Dip, raising vital funds and awareness for ocean health. Generate, a leading KiwiSaver provider and long-time supporter of the Live Ocean Foundation, marked its sixth year backing the annual event – and in 2025, opened the challenge up to its members for the very first time. The result? A tidal wave of support, with participants taking the plunge from Tutukaka Coast to Lake Wānaka, helping Generate reach its goal and donate the full $75,000 to Live Ocean Foundation. 'The ocean is our greatest ally in the fight for a healthy planet,' says Generate Co-Founder and CEO Sam Goldwater. 'We're proud to support the critical work Live Ocean is doing to help protect and restore Aotearoa's marine environment — and it was incredible to see so many Kiwis jump in and back the cause.' Founded by champion sailors Blair Tuke and Peter Burling, Live Ocean champions marine science, innovation and public awareness. Right now, one of their focus areas is on securing greater protection for the Hauraki Gulf / Tīkapa Moana, calling on decision makers to progress the Hauraki Gulf Marine Protection Bill. The Live Ocean Winter Dip campaign also saw a wave of well-known New Zealanders dive in, including: Blair Tuke Dame Lisa Carrington Dom Harvey Nathan King Seamus Marten Brodie Kane (and her mum!) Swims were reported across the country at Mission Bay, Waiheke, Raglan, Kapiti Coast, Mathesons Bay, and along rivers like the Kaipara and Waikato, as well as lakes Taupō, Tekapo, and Wakatipu. Even a Kiwi scientist in Antarctica joined in — taking a dip through a hole cut in the ice inside his research hut. 'This is our biggest Winter Dip yet — and the first time we've brought our members into it,' says Goldwater. 'It shows how much New Zealanders care about protecting our ocean and leaving something better behind.'
Scoop
03-06-2025
- Business
- Scoop
Generate's Impact Investment Wins Top Design Award
Press Release – Otautahi Community Housing Trust The Willard Street development won tautahi Community Housing Trust a Gold Award (Residential) at the 2025 New Zealand Commercial Project Awards, presented by Master Builders. The awards celebrate projects that demonstrate innovation, quality and … Back in 2022, Generate partnered with Community Finance to make a $14 million impact investment to finance 35 new homes for people in need, in partnership with Ōtautahi Community Housing Trust. It's now proud to report that the Willard Street project, completed in 2023, has now been recognised with an award for its high-quality homes that lead the way in design, performance and community impact. The Willard Street development won Ōtautahi Community Housing Trust a Gold Award (Residential) at the 2025 New Zealand Commercial Project Awards, presented by Master Builders. The awards celebrate projects that demonstrate innovation, quality and collaboration across New Zealand's building sector. Willard Street includes 35 warm, comfortable homes designed for modern public housing. The new Homestar 7-rated homes replace 26 ageing bedsits built in the 1940s. This investment was one of Generate's impact investments, which aim to make a positive difference to the lives of New Zealanders, whilst providing fair market returns for our Generate KiwiSaver Scheme members. Generate Portfolio Manager, Ayrton Oliver, says this recognition further reinforces the value of the project. 'Working together with Community Finance and Ōtautahi Community Housing Trust shows the potential influence that investing can have on social outcomes for New Zealand, as well as the financial returns for Generate KiwiSaver Scheme members over the long-term,' he says. 'Responsible investing is one of our core values at Generate, so we often seek out investment opportunities that have the potential to drive both positive financial returns and positive social impact – we don't believe these need to be mutually exclusive.' In 2020 Generate was the first KiwiSaver scheme to invest in social housing via a $21 million investment managed by Community Finance into Salvation Army Community Bonds. That investment supported 118 warm, dry, affordable community houses across three locations.
