Tindall becomes NZ’s first 'Arch Angel'
10 Nov 2009
Tindall becomes NZ’s first ‘Arch Angel’
Sir Stephen Tindall has been appointed the first ever New Zealand Arch Angel at the Angel Association of New Zealand’s second Angel Summit in Queenstown on Friday.
Angel Association Chair Andrew Hamilton said the award of Arch Angel honours Sir Stephen’s extraordinary contribution to the angel investing industry.
“Sir Stephen Tindall has invested over $150 million in seed and venture capital companies - both directly and as a fund-of-funds. He and his family have invested in over 100 New Zealand companies.
“His passion is to assist young entrepreneurs and he has invested in a variety of sectors including biotech, clean tech, IT and design led companies. He wants to see New Zealand develop as a leader in the ‘knowledge economy’, and to help create a culture of making New Zealand ‘cash flow positive’ in international goods and services trade.
“Sir Stephen’s wider contribution to New Zealand has been exceptional, including his charity work, founding Kea – the expat organisation that now has over 25,000 members worldwide, focusing on climate change, or actively investing into emerging Kiwi companies that are now taking on world markets. His contribution is quite extraordinary in a world-setting and we are extremely grateful to Stephen for his continued support and investment.”
ENDS