Ric Kayne behind The Hills golf resort facelift

Ric Kayne behind The Hills golf resort facelift
Michael and Emma Hill, Jim Rohrstaff and Ric Kayne. (Image: The Hills)
Brent Melville
The Hill family has enlisted heavyweight US private equity investor Ric Kayne and his golf resort team to drive the development of The Hills golf course near Arrowtown.Kayne, whose net worth has been estimated at US$2 billion (NZ$3.2b) by Forbes, is the co-founder of alternative asset manager Kayne Anderson Capital, a Los Angeles firm with over US$34b assets under management. He and American business partner Jim Rohrstaff are the Tara Iti golf club developers and recently opened the new north course at the $200 million Te Arai Links near M...

More Property

Liquidator Damien Grant survives bid to remove him
Property

Liquidator Damien Grant survives bid to remove him

The $200m Ormiston Rise housing project has been the subject of ongoing legal battles.

Maria Slade 30 May 2025
Goodman Property expects more of the same
Property

Goodman Property expects more of the same

Stable property values helped the company report net profit after tax of $109.6m.

Gregor Thompson 29 May 2025
Mainzeal liquidators seek $4.1m more from insurers
Property Exclusive

Mainzeal liquidators seek $4.1m more from insurers

Meanwhile, Richard Yan's castle sells for $3.2m. 

Victoria Young 29 May 2025