Post by Kiwi Frontline on Nov 10, 2017 17:22:52 GMT 12
INVESTMENT FUND GETS $100 MILLION IN INDICATIVE COMMITMENTS
The New Zealand Superannuation Fund says it has received indicative commitments up to $100 million for a proposed iwi and Maori direct investment fund.
The fund would see groups pooling capital to make collective investments with a 15 to 20-year investment horizon. Commitments have been made by more than 35 iwi, pan-tribal organisations,
Maori land trusts and Maori incorporations, including various TOwharetoa organisations aggregating together as a single investor, Te Tumu Paeroa, and various Taranaki iwi entities, the Super Fund said in a statement.....