Castlerock is for investors seeking exposure to New Zealand private companies, quarterly pre-tax distributions, capital growth and liquidity.

We are long-term investors, investing in a diversified portfolio of firms that we believe will be great Kiwi businesses for years to come.

The Castlerock fund is backed and managed by Bancorp, a merchant bank based in Auckland, NZ.

Castlerock owns 100% of leading horse transport business Majestic Horse Floats LP and a 50% stake in The Depths LP, master franchisor of 74 quick-service-restaurants under the HELL brand.

We are currently OPEN to new investment.


target investments

Our core investment philosophy sees us targeting businesses with a strong market position within an industry that demonstrates long-term prospects.  We want a diversified portfolio of businesses that already have a track record of profitability and success, which we can own for many years to come.  

We only invest in established, profitable businesses.  We do not provide start-up, early stage, growth or venture capital.

We typically seek businesses with enterprise values in excess of $5 million.


INVESTING with castlerock

  • Invest with the philosophy of owning stable established businesses for the long-term

  • Castlerock makes quarterly cash distributions

  • Castlerock's investment structure allows investors to receive the quarterly distributions without any tax deduction or withholding, good for non-tax payers or those who wish to manage their own tax position.

  • Castlerock provides investors a liquidity opportunity to request a redemption of their Castlerock interests on a quarterly basis.



Contact castlerock

To discuss investing with Castlerock, or to introduce a business you think might be a good investment for Castlerock, contact Jono Steele for a confidential discussion:

Jono Steele
Investment Director
+(64) 29 6630 626