KKR Clarendon Holdings L.P.
Case number(s)
Decision date

Consent granted

Decision maker Toitū Te Whenua Land Information New Zealand
Decision date 7 June 2023
Pathway(s) Significant business assets
Investment An overseas investment in significant business assets, being the Applicant’s acquisition of up to 26.3 % of the shares in Latitude Group Holdings Limited
Consideration / Asset value $332,701,685

KKR Clarendon Holdings L.P.
USA (51%)
Cayman Islands (13%)
Canada (5%)
Saudi Arabia (3%)
Various (28%)


KVD Singapore Pte. Ltd
USA (45%)
Germany (26%)
Cayman Islands (5%)
Singapore (4%)
Canada (2%)
Switzerland (2%)
Saudi Arabia (1%)
Various (15%)


The Applicant is a special purpose vehicle managed and advised by Kohlberg Kravis Roberts & Co. L.P (KKR), a global investment firm.

Latitude is an Australian based digital payments and lending platform, that operates in New Zealand. Their services include loans, credit cards and insurance.

The Applicant currently owns an indirect 26.3% interest in Latitude, via their part ownership of the Vendor. This transaction will allow the transfer of the 26.3% interest in Latitude directly to the Applicant.

The Decision Maker granted consent as it considered the Applicants have met the investor test criterion.

More information

Glenn Shewan
Bell Gully 
PO Box 4199
Auckland 1140

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