Our Managers

A complete list of the Fund’s asset and investment managers (both those appointed by us and those who manage funds in which the Fund is invested) is published each year in our Annual Report. This list includes the value of the amount invested with each manager as at 30 June, and the percentage each mandate makes up of the total NZ Super Fund.

On this page we provide a current summary of our external manager relationships.

 

NZ Super Fund External Managers as at July 2017
Managers appointed since 1 July 2017 Year appointedFund name and focus areas Type
Nil   
Managers terminated since 1 July 2017 Year appointedFund name and focus areas Type
Nil   
Incumbent managers as at July 2017 Year appointedFund name and focus areasType
Adams Street Partners2007Adams Street Partnership Fund - 2007 Non-U.S. Fund - buyout, funds of fundsUnlisted
Apollo Global Management LLC2012Financial Credit Investment - US life settlementsUnlisted
2014Financial Credit Investment II - US life settlementsUnlisted
2017Financial Credit Investment III - US life settlementsUnlisted
AQR Capital Management, LLC2009CNH Convertible Arbitrage Fund - a diverse convertible arbitrage fundListed
2016Segregated mandate - factor investing (low volatility abd value)Listed
Ascribe Securities (formerly American Securities)2010American Securities Opportunity Fund II - distressed creditUnlisted
Bain Capital (formerly Sankaty Advisors)2013Sankaty Credit Opportunities V Europe - distressed creditUnlisted
BlackRock Financial Management2016Global Merger Partners LLC - merger arbitrageListed
BlackRock Investment Management UK 2010 Segregated mandate - passive global fixed incomeListed
2013 Segregated mandate - passive global equitiesListed
Bridgewater Associates2006Bridgewater Pure Alpha Fund II, Limited - global macroListed
Canyon Capital Advisors2010Canyon Distressed Opportunities Fund (Delaware) - distressed creditUnlisted
2016Canyon NZSF DOF - distress credit managed accountUnlisted
CITP2011China Infrastructure Partners  - companies primarily engaged in the development, ownership or operation of infrastructure-related investments in ChinaUnlisted
Coller Investment Management2007Coller International Partners V Fund - global private equity secondariesListed
Devon Funds Management2011Segregated mandate - New Zealand active equitiesListed
D.E. Shaw & Co2012D.E. Shaw Heliant International Fund - global macroListed
Direct Capital   2005Direct Capital Partners III - New Zealand expansion capitalUnlisted
2009Direct Capital Partners IV - New Zealand expansion capitalUnlisted
2014George H Limited co-investmentListed and Unlisted
2016Direct Capital Partners Fund V - New Zealand expansion capitalUnlisted
Elementum Advisers2010Segregated mandate - natural catastrophe reinsuranceUnlisted
FarmRight2010Rural land in New ZealandUnlisted
Global Forest Partners  2009 & 2012AIF Properties - Australian TimberUnlisted
2010Global Timber Investors 9 - timber assets in New Zealand, Australia, Asia, Africa and South AmericaUnlisted
2007Global Timber Investors 8 - timber assets in Australia, New Zealand and South AmericaUnlisted
Hancock Natural Resource Group 2005Timber assets in the United StatesUnlisted
HarbourVest Partners2006HarbourVest International Private Equity Partnership V Fund - buyout, funds of fundsUnlisted
H.R.L. Morrison & Co  2006Global infrastructure mandate, which includes our investment in Retire AustraliaBoth
2009Public Infrastructure Partners Fund - social infrastructure such as educational and healthcare facilities, and student accommodation Unlisted 
Kohlberg Kravis Roberts (KKR)  2007KKR Asian Fund - Asian private equityUnlisted
2008KKR 2006 Fund - global private equityUnlisted
2014KKR Energy Income and Growth Fund (EIGF) and private equity investments in North American natural gas exploration and production, midstream, downstream and/or energy infrastructure and servicesUnlisted
LSV Asset Management2005Segregated mandate - emerging markets equitiesListed
Leadenhall Capital Partners2013Natural catastrophe reinsuranceUnlisted
Mint Asset Management2015Segregated mandate - New Zealand active equitiesListed
Movac2016Movac Fund 4 LP - new Zealand expansion capitalUnlisted
Northern Trust2013Segregated mandate - passive global equitiesListed
2015Segregated mandate - passive global fixed incomeListed
2016Segregated mandate - factor investing (low volatility and value)Listed
Pencarrow Private Equity 2011Pencarrow IV Investment Fund - small and mid-market New Zealand businessesUnlisted
Unlisted
Pioneer Capital Partners II2013New Zealand expansion capital
2016Pioneer Capital Partners Fund III - New Zealand expansion capitalUnlisted
Ramius Advisors, LLC2016Ramius Merger Fund LLC - merger arbitrage mandateListed
Savanna Real Estate2010Savanna Real Estate (PIV) Fund II - private equity real estate in the major markets surrounding New York City, Washington, D.C. and BostonUnlisted
Sveafastigheter2011Sveafastigheter Fund III - real estate assets primarily in Sweden and FinlandUnlisted
State Street Global Advisors2009Segregated mandate - passive global listed equitiesListed
Waterman Capital2010Waterman Fund II - small and mid-market New Zealand businessesUnlisted
Willis Bond & Co2010Willis Bond Institutional Partners - private equity real estate in New ZealandUnlisted