# Melrose Capital

Melrose Capital is a Single Family Office based in Gisborne, New Zealand.

## Overview

- **Organization type:** Single Family Office
- **Headquarters:** Gisborne, New Zealand
- **Region:** Oceania
- **Address:** Gisborne, New Zealand
- **Founded:** 2024
- **Assets under management:** Undisclosed
- **Website:** melrose-capital.com
- **LinkedIn:** https://www.linkedin.com/company/melrose-ascension-capital-mac

## Regulatory record

- **Reports private funds:** No

## About

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 TrustToken, Abra and Protocol Labs. 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.

## Sectors

- PropTech
- Industrial Tech
- Supply Chain & Logistics
- Digital Health
- Energy Transition & Renewables
- Healthcare Services
- SpaceTech

## People

- Patrick Kershaw — Founder
- Jonathan Norman Bain — Business Partner
- Christine Ruth Bain — Family Member

## 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.

### 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.

## Related profiles

- [Mediterranean Multi Family Office](https://altss.com/profile/mediterranean-multi-family-office)
- [Merit Alternative Investments](https://altss.com/profile/merit-alternative-investments)

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

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