The Community Ready Fund, allocated $155 million, is designed to support community-driven projects and provide vital aid to Aboriginal-owned businesses and organizations. With a short-term investment horizon of one to three years, this fund focuses on delivering immediate benefits to local communities.
Conversely, the Future Fund, with its significant allocation of $500 million, is oriented toward fostering long-term wealth and prosperity. This fund is intended to ensure sustainable and self-sufficient financial growth for Aboriginal communities over a 10-year-plus timeframe, thereby supporting intergenerational wellbeing alongside the Community Ready Fund.
Established under the Aboriginal Land Rights (Northern Territory) Act 1976, AINT is a Corporate Commonwealth Entity with a mission to advance the economic independence and cultural well-being of Aboriginal people in the Northern Territory through strategic investment.
Nigel Browne, AINT’s chief executive, describes the collaboration with JANA as a pivotal move aligning with their legislative objectives. The strategy reflects a diversified, risk-managed approach to investment, centered on Aboriginal-led governance and capital utilization.
JANA's chief executive, Georgina Dudley, expressed the consultancy's enthusiasm to partner on this initiative, reinforcing their commitment to supporting purpose-driven investors. The aim is to forge an investment strategy that ensures durable and positive outcomes for communities across the region.
With a wealth of experience in advising not-for-profit and values-aligned investors, JANA oversees more than $1.5 trillion in assets, underpinning its capability to effectively guide this significant Indigenous investment endeavor.
