Guardians of New Zealand Superannuation appoints NZ Equities manager
Joe Halapua will be responsible for managing the active internal New Zealand equities portfolio.
Joe Halapua will be responsible for managing the active internal New Zealand equities portfolio.
The Guardians of New Zealand Superannuation, the Crown entity that manages the $55 billion New Zealand Super Fund, has today announced the appointment of Joe Halapua to manager – NZ Equities.
Halapua will be responsible for managing the active internal New Zealand equities portfolio under the New Zealand equities mandate, and the Guardians’ NZ Equities team.
After joining the Guardians in 2011, Halapua is now chair of the Risk Committee and has worked across both the direct investment and external investments and partnerships teams, managing a portfolio of mandates and investments across public and private markets. He serves on the Australian retirement village operator RetireAustralia board and is chair of its audit committee.
Prior to this, Halapua worked in Auckland as an investment banker at Goldman Sachs JBWere, where he was involved in mergers and acquisitions and capital market activity across New Zealand and Australia.
The NZ Equities team allocates capital primarily to listed investments across the NZX50, through active stock selection, capitalising on the fund’s endowments and unique position as a sovereign wealth fund.
Halapua looks forward to working with the team to continue to add value to the NZ Super Fund and to cultivating quality relationships with listed corporates and market participants in New Zealand.
NZ Equities is part of the direct investments team and Halapua will report to head of direct investment, Will Goodwin.
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