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Brent King's investment company, Viking Capital - which raised just $15 million in its float last year - will hold a special meeting next month seeking shareholder approval for a bond issue to raise up to $20 million of capital.
King would not say specifically where the new capital would be spent but indicated there was no shortage of opportunities in the market.
"Every day we are getting approached to do different things. It's nice to have the phone ringing," he said. "It is a nice market for us right now."
A $20 million capital raising would be a significant step for the investment company, which raised just $15 million when it floated on the NZX alternative market last June.