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Direct Capital is announced investment into Qestral Corporation, a Christchurch based operator of premium retirement villages in New Zealand. Direct Capital has invested in a minority shareholding in partnership with Qestral’s existing executive and non-executive shareholders. The capital invested by Direct Capital, and as part of a concurrent and fully-subscribed rights issue to existing Qestral shareholders, will accelerate the company’s village expansion programme. Qestral’s Managing Director Simon O’Dowd welcomes the investment from Direct Capital: “We have known the Direct Capital team for 8 years and Qestral has grown to a level where introducing a new shareholding partner to accelerate our growth made sense for the company. We are looking forward to the partnership.”