# Caprock

Caprock is a Multi Family Office based in Boise, United States.

## Overview

- **Organization type:** Multi Family Office
- **Headquarters:** Boise, United States
- **Region:** North America
- **Address:** Boise, ID, United States
- **Founded:** 2005
- **Assets under management:** 10.1B (Altss estimate)
- **Website:** caprock.com
- **LinkedIn:** https://www.linkedin.com/company/caprock-alignedwealth

## About

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.

## Sectors

- ClimateTech
- Energy Transition & Renewables
- FinTech
- AgriTech & FoodTech
- PropTech
- Mobility & Transportation
- WaterTech
- EdTech
- Healthcare Services
- Supply Chain & Logistics
- Circular Economy
- Data Analytics
- InsurTech

## People

- Mark Gustafson — Co-founder
- Richard Rock — Co-founder
- William G. Gilbert, Jr. — Co-founder
- Gregory A. Brown — Co-founder
- Vivek Jindal — Chief Investment Officer

## Questions

### Who runs investment decisions at Caprock?

Vivek Jindal serves as Chief Investment Officer, appointed in June 2025. He succeeded co-founder Richard Rock. Investment policy remains tailored to each client family.

### How does Caprock source proprietary deal flow?

The firm relies on its network of co-investors and fund relationships. It also draws on impact-focused boards and philanthropic affiliations for access.

### Is Caprock structured as a single family office or does it operate more like a venture firm?

Caprock functions as a multi-family office. It offers outsourced CIO services and maintains both direct and fund commitments rather than operating a dedicated venture franchise.

### Does Caprock participate in fund commitments or only direct deals?

The firm uses both fund commitments and direct co-investments or SPVs. Its investment types include private equity, hedge funds, and secondaries.

### What investment stages does Caprock typically target?

Caprock covers early stage through late stage and growth. It also executes buyouts and expansion investments.

### How is Caprock related to TA Associates?

TA Associates acquired a majority stake in 2021. Two TA principals joined the Caprock board that September.

## Related profiles

- [BNF Capital](https://altss.com/profile/bnf-capital)
- [Nicola Multi Family Office](https://altss.com/profile/nicola-multi-family-office)

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Last updated: 2026-08-10T15:54:10.904Z

Canonical page: https://altss.com/profile/caprock

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