Castlerock Partners
Fund Manager based in Auckland
Key Facts
- Provider type
- Fund Manager
- Headquarters
- Auckland
- Established
- 2017 (8 yrs)
- FSP number
- FSP1008633 ↗
- NZBN
- 9429042428749 ↗
- AIP status
- Approved
- Open offers
- 1 open / 1 total
- Funds listed
- 1
- Website
- www.castlerockpartners.co.nz
Last reviewed: 19 May 2026
About Castlerock Partners
Private equity firm focused on mid-sized NZ businesses with evergreen structure
Location
Auckland
Established
2017
8 years track record
AIP Approved
Eligible for Active Investor Plus visa
Open Funds & Active Offers(2)
Castlerock Partners Fund
OpenIncome-oriented private equity fund with 8% quarterly distributions targeting great Kiwi businesses
Castlerock Partners Fund
Always OpenEvergreen private equity fund managed by Bancorp. Invests in NZ businesses with long-term prospects and enterprise values typically over $5M. Distribution-focused: targets 8% p.a. annual return on fund value plus long-term capital growth. $100,000 minimum (Bancorp discusses individual circumstances). Wholesale investors only.
Key People (3)
Ben MacDonald
Investment Director
Leadership
Leads Castlerock's day-to-day operations. Focuses on growth strategy, operational improvement, and succession planning across portfolio.
Matthew Willacy
Investment Director
Leadership
Leads Castlerock's day-to-day operations. Experience spanning M&A advisory, commercial leadership, and governance.
Isaac Higgs
Investment Director
Investment Team
Investment Director focusing on portfolio company value creation and investment opportunities.
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Quick Info
Frequently Asked Questions
What is Castlerock Partners?
Private equity firm focused on mid-sized NZ businesses with evergreen structure
Where is Castlerock Partners based?
Castlerock Partners is based in Auckland. New Zealand-domiciled funds are subject to the Financial Markets Conduct Act 2013 (FMCA) and oversight by the Financial Markets Authority (FMA).
Is Castlerock Partners registered with the FMA?
Castlerock Partners is registered on the FMA's Financial Service Providers Register (FSPR) under FSP1008633 and holds NZBN 9429042428749. FSPR registration is a legal requirement for entities providing financial services in New Zealand and does not itself constitute an endorsement. Verify current standing at the FSP register before investing.
How long has Castlerock Partners been operating?
Castlerock Partners was established in 2017 and has a 8-year track record. Past performance and operational history are not reliable indicators of future returns — review the fund's Information Memorandum and audited financial statements before investing.
What funds does Castlerock Partners manage?
Castlerock Partners currently lists 1 fund on Wholesale Investor NZ, of which 1 is evergreen (permanently open for subscription rather than time-bounded vintages). 1 fund is flagged as Active Investor Plus (AIP) visa eligible per NZTE's Acceptable Managed Funds criteria.
What is the minimum investment in Castlerock Partners's funds?
Minimum investments across Castlerock Partners's currently listed offers range from NZ$100K. Minimums are set per offer and may change for new vintages — confirm the current minimum in the offer's Information Memorandum. Wholesale-only offers also require self-certification under FMCA Schedule 1 before subscription.
Are Castlerock Partners's funds eligible for the Active Investor Plus (AIP) visa?
Castlerock Partners is flagged as AIP-approved on Wholesale Investor NZ, with 1 fund carrying the NZTE-pre-approved AIP eligibility marker. AIP visa applicants must invest at least NZ$5 million in Growth Category investments held for 36 months (or NZ$10 million Balanced held for 60 months) per Immigration New Zealand's current rules. Eligibility determination sits with NZTE + Immigration NZ — confirm against the live NZTE Acceptable Managed Funds list before relying on this classification.