• Our Words Matter

Investment options for Maori Entities

Updated: Apr 25, 2019

Speech written by Tama Potaka, NZ Super Fund senior investment advisor, presented at Maori Business Conference, 5 June 2018.


Kia ora koutou, it is wonderful to be here. Matanuku – thank you for inviting some comments on Investment Options for Māori Entities.

Reflecting on the earlier kōrero today, I want to acknowledge Chapman Tripp and NZ Trade and Enterprise who are both at the advisory coalface of Iwi/Māori investment. I would also acknowledge speakers who are scheduled to make additional comments later today.

I recently attended the Pacific Islands Investment Forum – previously known as the Pacific Provident Funds and Social Security Forum for CEOs – in Rarotonga. Aside from NZ Super, delegates to the Forum represent circa $30 billion of long term institutional investment across the Pacific. The key focus of the Forum was the Three C’s – Compare, Collaborate and Co-Investment. The nature of these organisations – pension funds, social security funds, sovereign wealth funds – reminded me of the Iwi/Māori organisational landscape. We can do much better at comparing, collaborating and co-investing. It also reiterated that Te Moana-nui-ā-Kiwa (the Pacific Ocean) is at the centre of global action – geopolitics, financial and environmental challenges are either at our beach or within launch range.

Some countries are building islands in the Pacific – others are trying to survive drowning and degradation. We have a lot to share with our Pacific whanaunga both there and here in Aotearoa.

For any specific opportunity and investment class, Iwi/Māori groups may have choices around going active/passive, direct/indirect, equity/debt, by ourselves or with others. I would like to focus today’s comments on co-investment with reference to a recently established Iwi/Māori direct investment vehicle – the Te Pūia Tāpapa Fund.

My key message today is that co-investment can take many forms – and it is useful to figure out how co-investment matches endowments, beliefs, and your risk/return appetite.

Click here to read the full speech presented by Tama Potaka at the Maori Business Conference: https://www.nzsuperfund.co.nz/sites/default/files/documents-sys/Tama_Potaka_-_Maori_Business_Conference_.pdf

Tama Potaka is the senior investment advisor at the The NZ Super Fund.



 Even when words don't seem enough, they matter. They help us create connections, make meaningful contributions and overcome some of the deep-seated issues facing our country.


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