Tupu Tonu is a Crown-owned company with $150 million to invest
The Ngāpuhi Investment Fund Limited (trading as Tupu Tonu) was established as a Crown-owned company to build a portfolio of commercial assets that will be offered by the Crown in negotiations with ngā hapū o Ngāpuhi.
Tupu Tonu is a Crown owned company meaning its owners (shareholders) are Ministers - the Minister of Finance and the Minister for Treaty of Waitangi Negotiations. It is otherwise independent from Government agencies including Te Arawhiti - the Office for Māori Crown Relations the agency responsible for Treaty Settlements. It has an independent Board of Directors (the Board) and Management team. The Board are responsible for all investment decisions.
Tupu Tonu has been operating since 1 February 2021.
Tupu Tonu means 'Prosperity in Perpetuity'
We selected Tupu Tonu to be the trading name for Ngāpuhi Investment Fund Limited. In simple terms the two words broadly translate as 'prosperity in perpetuity', but they have deeper cultural significance. One of the titles by which Ngāpuhi is known is Ngāpuhi-nui-tonu, or everlasting Ngāpuhi. Tonu speaks of continuity and stability and speaks to the inclusiveness and multiplicity of tribes, sub-tribes and marae within the tribe.