Single Family Office

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Melrose Capital

Melrose Capital operates as the single-family office for its founding family. Patrick Kershaw established the firm and serves as its principal.

Melrose Capital logo

Melrose Capital

Melrose Capital operates as the single-family office for its founding family. Patrick Kershaw established the firm and serves as its principal. No public founding date or wealth source details appear in available records. The office deploys across public and private markets. Asset classes include hedge funds, private equity, private credit, infrastructure, natural resources and real estate. Investment stages span distressed situations, growth equity and pre-seed rounds. Confirmed holdings include Lightning Labs, TrustToken, Abra, Shapeshift, Protocol Labs and Polychain Capital. Geographic reach covers Europe, North America and Oceania. Scarlys Way Development in Okitu, Gisborne represents one direct real-estate position. Team size and total deployment remain undisclosed. Patrick Kershaw also holds the role of Managing Director of Investments at Leo Tech. The firm maintains membership in the Edmund Hillary Fellowship. No operational events from the last 24 months are recorded. The office structure centers on direct co-investments and SPVs alongside select fund commitments. Governance ties investment decisions to family legacy objectives rather than external LP mandates.

General information

Firm type

Single Family Office

Year founded

2024

AUM

Undisclosed

Location

Region

Oceania

Country

New Zealand

City

Gisborne

Corporate office

Gisborne, New Zealand

Principals

Patrick Kershaw

Founder

Jonathan Norman Bain

Business Partner

Christine Ruth Bain

Family Member

Sector focus

PropTechIndustrial TechSupply Chain & LogisticsDigital HealthEnergy Transition & RenewablesHealthcare ServicesSpaceTech

Frequently asked questions

Who runs investment decisions at Melrose Capital?

Patrick Kershaw serves as founder and principal. He also holds the title of Managing Director of Investments at Leo Tech.

Does Melrose Capital participate in fund commitments or only direct deals?

The office evaluates direct investments, fund commitments and co-investment opportunities.

What investment stages does Melrose Capital typically target?

Stages include distressed and turnaround situations, growth equity and pre-seed rounds.

Which sectors does Melrose Capital focus on?

Sectors include PropTech, Industrial Tech, Supply Chain & Logistics, Digital Health, Energy Transition & Renewables, Healthcare Services and SpaceTech.

Where does the underlying wealth come from?

No public disclosure identifies the specific source of the founding family's capital.

How is Melrose Capital related to Scarly Heights Limited?

Jonathan Norman Bain and Christine Ruth Bain serve as directors of Scarly Heights Limited, a vehicle linked to family real-estate projects.

Profile maintained by using OSINT (open-source intelligence), regulatory filings, licensed data partners, and verified direct submissions. Read the methodology. Last updated: . Continuous refresh with full update cycles at least every 30 days.

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