Super fund invests $100m with Pioneer Capital
3 Feb, 2021 04:23 AM
2 minutes to read
Apple grower Rockit Global has benefited from investment from Pioneer Capital. Photo / Warren Buckland
Fast-growing Kiwi businesses with plans to expand internationally are set to benefit from another investment allocation from the New Zealand Superannuation Fund.
The $53 billion fund, which was set up to help cover the future cost of paying for New Zealand Superannuation, has allocated up to $100 million to investment manager Pioneer Capital.
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Pioneer, an Auckland based firm, will use the money to invest in New Zealand businesses seeking international growth in high-margin sectors.