COLOR-Waatea logo 2016-final

On Air Now
Radio Waatea

12:00am - 06:00am
Ed Sheeran

Te Puia Tāpapa brings Māori to deal table
©On File

Share to Email
Share to RSS
Share to Print



The chair of a new $115 million Māori investment fund says it is a way to build long term wealth without the pressure of instant returns.

Paul Majurey says the 26 investors in Te Puia Tāpapa include not only iwi and hapu but also land trusts keen to diversify their portfolios.

The fund will be co-invest with major investors like the New Zealand Superannuation Fund and the Accident Compensation Corporation, giving it access to much larger deals that iwi could get on their own.

Some of Māoridom’s most experienced business people have been involved in pulling it together.

"Paul Quinn, Debbie Birch, Hinerangi Raumati and June McCabe were heavily involved to get to this point, going around the many hui around the motu, passing the message on about what this idea and concept was about, gaining the confidence and support of those groups that ultimately invested, and then buying into the concept of a very large scale Māori fund co-investing with leading NZ investment entities," Mr Majurey says.

Copyright © 2018, UMA Broadcasting Ltd:

matariki x
Is Christchurch the capital of white racism in New Zealand
Dr Rawiri Taonui: Christchurch has suffered a lot over the past decade with the earthquakes and the white supremacist shooting that killed 51 members of the Muslim community in February of this year.
Taking of children deliberate, horrific and brutal
Martyn 'Bomber' Bradbury: I don’t believe the majority of those arguing about OT fully appreciate how deliberate and horrifically brutal this policy of taking children truly is
Our damaged, racist Prison Industry is the legacy of hate and spite as social policy
Martyn 'Bomber' Bradbury: 32 years after the Roper Report told us that our Prison system wasn't working by jailing and punishing too many, we get another Justice Advisory report once again highlighting our debased prison system as deeply damaging, deeply racist and deeply counter productive.





Enter your email address to receive regular updates from Waatea News.
  • fb

On Air Now
Radio Waatea

12:00am - 06:00am