Good Businesses
Strong foundations. Potential worth realising.
INVEST WITH US | WHOLESALE INVESTORS ONLY
Backing good people to carry good businesses forward.
For wholesale investors with an owner's mindset.
Invest alongside us in good New Zealand businesses with strong foundations and futures worth building.
Duality brings together aligned capital, capable people and enduring operating capability to acquire, invest in, redesign, integrate and develop businesses, creating value through what those businesses become, not simply how they are bought and sold.
Where the opportunity sits
Across New Zealand, good businesses are reaching different moments in their development.
Some are established businesses approaching ownership succession, with much of their value still dependent on their owners. Others are younger, innovative businesses with proven commercial success, ready to grow beyond their current operating capability.
There are capable people who could lead and develop these businesses, and investors who want to take part without running them day to day.
We bring these together: creating new pathways to ownership, backing proven innovation and building businesses that can carry their value forward.
Our repeatable model. Four things we bring together, in every business.
Aligned Capital
Investment aligned with the business's future.
Capable People
The leadership and skills to deliver.
Enduring Operating Capability
The systems and support to sustain performance.
How we create value.
Acquire & Invest Well
Identify good businesses, understand their potential and acquire or invest where there is a credible opportunity to create greater value.
Redesign & Integrate
Change how the business works and integrate what's needed to lift its performance.
Develop Capacity
Develop the leaders, people, systems and capacity to sustain and improve performance.
Compound Value
Improve performance, generate cash, reinvest and grow business value over time.
Designed to play together. Built to keep getting better.
The four stages work as one system. Feedback, learning and adaptation run through each of them, continuously improving how businesses operate and strengthening the capability Duality brings across the portfolio.
Three ways to invest, across two strategies
Continuity Succession Fund
Succession strategy
Invest in established, profitable New Zealand businesses approaching ownership succession, with Duality's operating capability to develop them and build lasting value.
Evergreen · Registering interest
Continuity Growth Fund
Growth strategy
Invest in commercially proven, innovative New Zealand businesses ready for their next stage. We bring capital and venture-building capability to work with founders as they grow.
Evergreen · In development
Invest directly alongside Duality
Either strategy
Invest alongside Duality in selected businesses, with each opportunity considered and structured individually.
Considered case by case
Our first fund. Not our first transaction.
We've been owners, investors and operators ourselves.
We're Chris and Camille. Over the past decade, we've built, bought, invested in, operated and sold businesses and assets of our own, including property investments and business ventures.
Our largest operating role was at Switched On Group, where we helped grow a family business into a national operation through acquisitions, integration, operating redesign and ownership transition.
We've built what we learned into Duality, bringing together capital, capable people and operating systems to help more good businesses grow, change and last.
Register your interest
We'll be in touch as opportunities to invest alongside Duality become available.
*For wholesale investors only. Registering your interest involves no commitment. Further details are provided only to investors who meet the wholesale investor criteria.
Important information
Duality's funds and direct investment opportunities are offered only to wholesale investors within the meaning of clause 3(2) of Schedule 1 of the Financial Markets Conduct Act 2013. They are not regulated offers, and no product disclosure statement has been or will be prepared. Investors must certify that they meet the wholesale investor criteria before investing.
On this website, "Duality" means Duality Limited (NZBN 9429053421722), Duality Fund Management Limited (NZBN 9429054053397), the manager of the Continuity funds, and Duality Continuity GP Limited (NZBN 9429054053267), which will be the general partner of the Continuity Succession Fund LP. Duality is led by Chris Hughes and Camille Kathryn Hughes.
This website is general information only. It is not an offer of financial products, and it is not financial advice. Any offer will be made only through the relevant offer documents, to investors who meet the wholesale investor criteria.