NZ-based Māori fund acquires 4% stake in Asia Pacific Health Group

NZ-based Māori fund acquires 4% stake in Asia Pacific Health Group

Photo by Louis Reed on Unsplash

New Zealand-based The Māori direct investment fund, Te Pūia Tāpapa (TPT), has picked up a 4% stake in Asia Pacific Health Group (APHG), the largest human and veterinary pathology network operator in the country.

TPT has purchased the stake from New Zealand Superannuation Fund (NZ Super Fund) and Canada-based Ontario Teachers’ Pension Plan Board (Ontario Teachers’), according to a statement on Friday.