Kiingitanga eyes future replication of up to $150m fund

Kiingitanga eyes future replication of up to $150m fund
Kiingitanga’s Rukumoana Schaafhausen is upbeat about the fund's prospects. (Image: NZME)
Andy Macdonald
Dileepa Fonseka
The Kotahitanga Fund, unveiled recently by the Māori Queen, aims to raise up to a blue-sky $150 million in seed capital from various iwi/Māori, and may yet be replicated based on its performance.“This is just the starting point, and the expectation absolutely is that we will build from here,” Kiingitanga spokesperson Rukumoana Schaafhausen said when asked about future iterations.She further expected the proposed fund, not yet scaffolded by a detailed prospectus, to raise at least $100m in seed funding, and possibly up to $150m.Get u...

More Finance

RBNZ appoints new committee members
Finance

RBNZ appoints new committee members

External appointments to the committee meet a mixed response.

FNZ employee shareholders revolt over latest capital raise
Finance Best of BusinessDesk

FNZ employee shareholders revolt over latest capital raise

Long-standing employees believed a raise halved their holdings.

Victoria Young 12 Jan 2026
Big-five banks approach $10b combined bottom line
Finance

Big-five banks approach $10b combined bottom line

The till receipt is in for the five biggest banks in New Zealand.

Andy Macdonald 09 Jan 2026
Tailwinds push open banking into 2026 and beyond
Finance

Tailwinds push open banking into 2026 and beyond

New entrants, fundraising and consolidation are on the cards.

Andy Macdonald 08 Jan 2026