Portfolio Growth
Information on this page is currently being updated (July 2026).
HBRIC’s Group Investment Portfolio has grown substantially over the past decade, driven by a combination of asset revaluations (principally Napier Port), the establishment of managed fund portfolios following the Napier Port (NZX:NPH) IPO in 2019, and the addition of new asset classes.
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From the August 2019 Napier Port IPO to 30 June 2025, the value of the Group Investment Portfolio has tracked as follows, with its capital value increasing by $106m (3.5% pa CAGR) over the period, after accounting for $76m of distributions to Council.
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