AN INDUSTRY WITH DEPTH
An established industry. Connected to global markets.
Established foundations
Racing and equestrian sport are built on generations of breeding, horsemanship and competition, with established institutions, rules and international networks. In New Zealand, racing operates within legislation and independent integrity oversight, with a dedicated Minister for Racing. Equestrian sport has its own national governing body and international competition framework.
International market access
New Zealand horses are bred and developed for buyers at home and overseas. Recognised bloodstock sales, specialist agents, private transactions and export services connect producers with international racing and equestrian markets. For Pegasus, this means preparing horses for their intended buyers and connecting breeding and development with routes to sale.
Approximately US$302 billion
Estimated annual global economic impact of equestrian sport, excluding horse racing and betting. Source: FEI/Nielsen Sports, December 2023.
US$128.4 billion
Estimated global horse-racing market size in 2025. Source: Straits Research, October 2026.
Different measures and reference years; these estimates should not be added together.


OUR BUSINESS
How value is created.
Thoroughbreds: racing, breeding and trade
Wagering-related revenue helps fund racing and prize money, supporting participation and demand for bloodstock. Pegasus breeds, develops and trades thoroughbreds. Sales provide revenue, with racing and breeding income where applicable. Commercial results depend on these revenues relative to the full costs of producing, caring for, developing, racing and selling each horse.
Sport horses: recognising potential, developing value
Value begins with recognising potential before it is fully developed. Our investment committee brings specialist judgement to selection, assessing each horse’s strengths, limitations and a practical route to improvement. Targeted care and training then develop that potential and demonstrate progress.
Our sales channels and professional service support help buyers assess horses and complete their purchases with confidence. Pegasus seeks a margin when sale proceeds exceed the full costs of breeding or acquisition, care, development and sale.

Specialist expertise. Disciplined decisions.
A fuller view of every horse
Our investment committee brings together expertise in bloodstock selection, equine health and behaviour, and commercial valuation. These perspectives are considered together to assess a horse’s potential, its limitations and a practical route to development. The aim is a fuller assessment before capital is committed. The team’s racing record shows this selection approach in practice.
A system beyond individual judgement
Pegasus Bloodstock GP Limited combines this specialist input with professional management, advisory oversight and Limited Partner representation. Clear responsibilities, challenge and review help keep decisions grounded in evidence and commercial objectives. By learning from outcomes and refining the process, we aim to reduce reliance on any one person’s judgement and the influence of personal attachment.
65%
Winners to runners
15%
Stakes winners to runners
Pegasus/team racing record · 2014–31 July 2026
Includes experience before Pegasus Bloodstock LP was established.
Horses bred, managed or selected by Pegasus/the team. Figures supplied by Pegasus.
Ratios are per horse, not per race start, and are not LP investment returns.

Active Investor Plus.
A New Zealand connection.
Pegasus Bloodstock LP is listed by Invest New Zealand as an acceptable direct investment under the Active Investor Plus Visa programme. We welcome private introductions with prospective partners and their professional advisers.
Investment acceptability and visa eligibility are separate. The listing is not government endorsement or a guarantee of returns or residence.

CONFIDENTIAL ENQUIRY
It begins with a conversation.
Start with capital risk, investment duration and exit. Then consider the commercial assumptions and potential returns.
Meet the Pegasus team, bring your advisers and discuss the partnership in confidence. Detailed financial information and participation terms are considered privately.
By submitting this form, you agree that Pegasus may contact you regarding your enquiry. Please refer to our Privacy Policy for information about how we collect and use personal information.


