General Business 2 mins to read Jarden restructures to clear ‘untenable dynamic’ The investment bank brings in Pacific Equity Partners as passive shareholder, exits FirstCape. Jarden says its current staff will move to 70% ownership under the deal. Tue, 19 May 2026 © All content copyright NBR. Do not reproduce in any form without permission, even if you have a paid subscription. Investment banking group Jarden is exiting its stake in wealth manager FirstCape in a complex restructure to resolve “an untenable shareholder dynamic”. FirstCape
was formed in early 2024 from the merger of Jarden’s wealth and fund management arms with National Australia Bank’s JBWere NZ Want to read more? It’s easy. Choose your subscription Already have an account? Login Smartphone Only Subscription NZ$29.95 / monthly Monthly Premium Online Subscription NZ$49.95 / monthly Smartphone Only Annual Subscription NZ$299.00 / yearly Yearly Premium Online Subscription NZ$499.00 / yearly Premium Group Membership 10 Users NZ$385+GST / monthly $38.5 per user – Pay by monthly credit card debit Premium Group Membership 20 Users
NZ$660+GST / monthly $33 per user – Pay by monthly credit card debit Premium Group Membership 50 Users NZ$1375+GST / monthly $27.5 per user – Pay by monthly credit card debit Premium Group Membership 100 Users NZ$2100+GST / monthly $21 per user – Pay by monthly credit card debit Yearly Premium Online Subscription + NBR Marketplace NZ$999.00 / yearly Individual Group membership NBR Marketplace Exclusive FREE offer for uni students studying at a New Zealand university (valued at $499). View terms and conditions. Tue, 19
May 2026 Contact the Writer: editor@nbr.co.nz News tip? Question? Typo? Let us know: editor@nbr.co.nz © All content copyright NBR. Do not reproduce in any form without permission, even if you have a paid subscription. JBWere (NZ) Free News Alerts Sign up to get the latest stories and insights delivered to your inbox – free, every day. Related News Unlocking Aotearoa: FirstCape CEO Malcolm Jackson Comings & Goings Jarden adds team to dig deeper into resources sector Dealmakers 2025: Jarden’s trusted adviser model Infrastructure, not vineyards:
FirstCape’s KiwiSaver dream FirstCape acquires Consilium for undisclosed sum
Jarden, FirstCape, Pacific Equity Partners, wealth manager, JBWere NZ, National Australia Bank, restructure, passive shareholder, 70% ownership