Southern Cross Funds

Southern Cross Funds Limited is a New Zealand based investment platform focused on infrastructure, commercial real estate, and operating companies. We pursue investments where active ownership, operational expertise, and disciplined capital allocation can unlock long term value.

Experience Driven Investing

Southern Cross Funds is led by principals with more than 70 years of combined experience across real estate investment, private capital markets, and operating platforms. Collectively, the principals have participated in more than NZD $18 billion of real asset transactions.

Operator Mentality, Hands-on Leadership

Southern Cross Funds’ principals existing New Zealand commercial real estate and infrastructure operations currently manages NZD $600+ million in assets across 90+ assets nationwide. We maintain a robust local deal pipeline that spans new developments, investment into infrastructure and real estate operating companies, and capital participation in existing developments.

The principals David Perlman, Cassandra Shih, Benjamin Jones, and James Or, directly oversee every investment and portfolio company. This owner operator model aligns decision making with investor outcomes and ensures disciplined execution across all assets and operating businesses within the portfolio.

Built for Global Capital and AIP Compliance

Southern Cross Funds has been built from the ground up to serve international investors seeking exposure to New Zealand’s real assets economy. The firm’s investment strategy and governance framework are designed to align with institutional private capital standards and the requirements of the Active Investor Plus (AIP) visa programme.

Investment Strategy

Our strategy centers on acquiring and developing high quality assets and businesses that benefit from hands on management, operational improvement, and strategic growth initiatives.

Unlike passive capital providers, our focus extends beyond asset ownership to include operational performance, platform growth, and long term value creation across both physical assets and operating companies.

Through disciplined investment and active management, we aim to deliver attractive risk adjusted returns while supporting the continued development of New Zealand’s real economy.

Transparency & Tax Efficient Cross Border Structure

Investments are structured through a Limited Partnership framework designed to provide institutional governance, limited liability, and professional reporting standards consistent with global private capital funds. The Limited Partnership is intended to provide pass through treatment for both New Zealand and U.S. tax purposes while avoiding PFIC exposure commonly associated with offshore corporate investment vehicles.