Why we need a Māori investment fund
POSTED ON: 20 November 2017
About $100 million has been pledged to a new Iwi/Māori Direct Investment Fund. The NZ Super Fund’s Tama Potaka explains the ‘mahi tahi’ behind the initiative, which has received indicative commitments from over 35 iwi and Māori groups.
With more than $15 billion of assets and investments currently under management by Māori collectives, and the size of the Māori economy estimated at more than $50b and growing quickly, iwi and Māori groups have a substantial – and increasing – economic power base.