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...

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