--- title: "Adamantem Capital vs Pencarrow Private Equity: Which is more popular in New Zealand?" description: "Is Adamantem Capital or Pencarrow Private Equity more popular in search? Compare estimated monthly branded-search demand and Share of Search inside the Private equity firms set in New Zealand. Branded searches tell you how often people look for a brand by name or related terms. Comparing these searches across competitors helps you see how popular each brand is over time." canonical: "https://gobrandwave.com/demand/nz/compare/adamantem-capital-vs-pencarrow-private-equity" publisher: "Brandwave" --- # Adamantem Capital vs Pencarrow Private Equity: Which is more popular in New Zealand? Is Adamantem Capital or Pencarrow Private Equity more popular in search? Compare estimated monthly branded-search demand and Share of Search inside the Private equity firms set in New Zealand. Branded searches tell you how often people look for a brand by name or related terms. Comparing these searches across competitors helps you see how popular each brand is over time. ## Key facts - **Compared**: Adamantem Capital and Pencarrow Private Equity - **Competitive set**: Private equity firms - **Market**: New Zealand - **Month measured**: Oct 2026 - **Adamantem Capital Share of Search**: 2.5% - **Pencarrow Private Equity Share of Search**: 7.2% ## Is Adamantem Capital or Pencarrow Private Equity more popular in search? - In October 2026, Pencarrow Private Equity had more branded searches than Adamantem Capital among private equity firms in New Zealand. Pencarrow Private Equity had about 260 branded searches, while Adamantem Capital had 90. Pencarrow Private Equity made up 7.2% of all private equity firm searches we track, and Adamantem Capital accounted for 2.5%. - The lead changed hands 2 times in the 12 months ending October 2026: Adamantem Capital took it in December 2025, Pencarrow Private Equity took it in January 2026. - Across the 12 months ending October 2026, Adamantem Capital’s share of searches among private equity firms in New Zealand moved from 1.7% to 2.5%, and its estimated monthly branded searches moved from 70 to 90. - Across the 12 months ending October 2026, Pencarrow Private Equity’s share of searches among private equity firms in New Zealand moved from 6.3% to 7.2%, and its estimated monthly branded searches held steady at 260. ## Top private equity firms in ChatGPT and Google AI Overviews In three ChatGPT questions and two Google AI Overviews, Pencarrow Private Equity was mentioned in three out of five: in one of the three ChatGPT answers and in both Google AI Overviews. Adamantem Capital did not appear in any of the five answers. Brands get a higher AI rank if they are mentioned earlier in the answers that list options. | Brand | AI rank | ChatGPT answers that named it | Google AI Overviews that named it | All answers that named it | | --- | --- | --- | --- | --- | | Direct Capital | 1st | 2 of 3 | 2 of 2 | 4 of 5 | | Waterman Capital | 2nd | 2 of 3 | 1 of 2 | 3 of 5 | | Pencarrow Private Equity | 3rd | 1 of 3 | 2 of 2 | 3 of 5 | | Pioneer Capital | 4th | 3 of 3 | 1 of 2 | 4 of 5 | | Castlerock | 5th | 0 of 3 | 2 of 2 | 2 of 5 | | Adamantem Capital | Not ranked | 0 of 3 | 0 of 2 | 0 of 5 | | Anchorage Capital Partners | Not ranked | 0 of 3 | 0 of 2 | 0 of 5 | | Maui Capital | Not ranked | 0 of 3 | 0 of 2 | 0 of 5 | ## Every AI answer about private equity firms - Asked ChatGPT "Which private equity firm should I hire in New Zealand?": 1. Waterman Capital, 2. Pioneer Capital - Asked ChatGPT "What are the best private equity firms in New Zealand?": 1. Direct Capital, 2. Waterman Capital, 3. Pencarrow Private Equity, 4. Pioneer Capital - Asked ChatGPT "What's the best private equity firm in New Zealand for a business sale?": 1. Direct Capital, 2. Pioneer Capital - Searched Google, AI Overview "private equity firms nz": 1. Direct Capital, 2. Pencarrow Private Equity, 3. Castlerock, 4. Pioneer Capital - Searched Google, AI Overview "private equity nz": 1. Direct Capital, 2. Waterman Capital, 3. Pencarrow Private Equity, 4. Castlerock Not named in any answer: Adamantem Capital, Anchorage Capital Partners and Maui Capital. Brands are listed in the order each answer named them. The answers were collected in New Zealand on October 21, 2026. ## How did search popularity change for New Zealand private equity firms in October 2026? - In October 2026, Adamantem Capital overtook Anchorage Capital Partners and Maui Capital to rank 6th among private equity firms in New Zealand, with 2.5% of the searches. - In October 2026, Pencarrow Private Equity gained share of searches among private equity firms in New Zealand, from 5.9% to 7.2%. ## How has branded search for Adamantem Capital and Pencarrow Private Equity changed in New Zealand over the last 12 months? | Month | Adamantem Capital estimated searches | Adamantem Capital Share of Search | Adamantem Capital rank | Pencarrow Private Equity estimated searches | Pencarrow Private Equity Share of Search | Pencarrow Private Equity rank | | --- | --- | --- | --- | --- | --- | --- | | Nov 2025 | 70 | 1.7% | 6 | 260 | 6.3% | 5 | | Dec 2025 | 170 | 3.3% | 5 | 140 | 2.7% | 6 | | Jan 2026 | 70 | 1.7% | 6 | 170 | 4.2% | 5 | | Feb 2026 | 90 | 2.3% | 7 | 260 | 6.5% | 5 | | Mar 2026 | 140 | 3.7% | 6 | 320 | 8.4% | 5 | | Apr 2026 | 210 | 5.3% | 6 | 260 | 6.5% | 5 | | May 2026 | 90 | 2.5% | 6 | 260 | 7.3% | 5 | | Jun 2026 | 110 | 3.2% | 6 | 260 | 7.4% | 5 | | Jul 2026 | 70 | 2.1% | 7 | 210 | 6.2% | 5 | | Aug 2026 | 40 | 0.95% | 8 | 260 | 6.2% | 5 | | Sep 2026 | 30 | 0.84% | 8 | 210 | 5.9% | 5 | | Oct 2026 | 90 | 2.5% | 6 | 260 | 7.2% | 5 | ## How are Adamantem Capital’s and Pencarrow Private Equity’s branded searches counted? Brandwave collects information about searches that people make online using Adamantem Capital’s and Pencarrow Private Equity’s names. When viewed over time, estimated search volumes for these branded terms can be used to understand whether interest in the brands is growing, holding steady, or fading. - **Adamantem Capital**: Measured on the search term “adamantem capital”. - **Pencarrow Private Equity**: Measured on the search term “pencarrow private equity”. - [Adamantem Capital profile](/demand/nz/brands/adamantem-capital) - [Pencarrow Private Equity profile](/demand/nz/brands/pencarrow-private-equity) - [All private equity firms in New Zealand](/demand/nz/categories/nz-private-equity-firms): The set both shares are measured inside, 8 brands. ## Methodology - [How is the Brand Demand Index measured?](/demand/methodology): Where the figures come from, what they compare, and how they may be reused. ## Frequently asked questions ### Is Adamantem Capital or Pencarrow Private Equity more popular in search? In October 2026, Pencarrow Private Equity had more branded searches than Adamantem Capital among private equity firms in New Zealand. Pencarrow Private Equity had about 260 branded searches, while Adamantem Capital had 90. Pencarrow Private Equity made up 7.2% of all private equity firm searches we track, and Adamantem Capital accounted for 2.5%. ## Cite this page Brandwave. "Adamantem Capital vs Pencarrow Private Equity: Which is more popular in New Zealand?". https://gobrandwave.com/demand/nz/compare/adamantem-capital-vs-pencarrow-private-equity This page is also available as HTML at https://gobrandwave.com/demand/nz/compare/adamantem-capital-vs-pencarrow-private-equity. Brandwave publishes an index of its Markdown pages at https://gobrandwave.com/llms.txt.