FACE VALUE: Rangatira Investment’s Phil Veal on investing in ‘beer, bacon and rollercoasters’
Private equity firm Rangatira Investments owns Tuatara Brewing, Hellers, and Rainbow’s End.
That makes Rangatira’s chief executive Phil Veal chief executive of “beer, bacon and rollercoasters”.
He started his career as an engineer. Now he’s a professional builder of companies who believes KiwiSavers should be given the chance to put more of their retirement savings into the medium-sized companies that are the engine of the economy.
Veal’s has been a career with few regrets. His biggest is not getting in on the groundfloor of Airbnb, which is now worth billions.