Caprock

Caprock

Caprock was established in 2005 by Mark Gustafson, Richard Rock, William G. Gilbert Jr., and Gregory A. Brown. The firm began as a single-family platform before expanding into multi-family advisory. No public disclosure identifies the original wealth source. Caprock deploys capital through direct co-investments, fund-of-funds commitments, private credit, infrastructure, and real estate. It also runs venture and growth allocations in early and late stages. Geographic exposure centers on North America and Asia. The firm maintains memberships in Confluence Philanthropy and Impact 100. No named portfolio holdings appear in public records. The firm employs an undisclosed number of professionals and maintains its headquarters in Boise. In March 2024 it acquired Grey Street Capital and integrated that team. In June 2025 Vivek Jindal succeeded Richard Rock as CIO. In March 2025 two former heads of impact joined Capricorn Investment Group. Caprock holds B Corporation certification and maintains advisory roles on several impact boards. TA Associates took a majority stake in 2021 and placed two directors on the board. This ownership structure separates day-to-day investment decisions from the founding principals while preserving client-specific mandates. The arrangement allows Caprock to scale operations without altering its fiduciary posture toward each family.