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

Nikki Connors’ firm found to have misled property investor
Finance

Nikki Connors’ firm found to have misled property investor

Financial ombudsman rules against Propellor Property Investments.

What makes an expert investor? FMA seeks legal clarification
Property

What makes an expert investor? FMA seeks legal clarification

The FMA case follows concerns over invalid wholesale eligible investor certificates.

Staff reporters 23 Dec 2024
Du Val wholesale investor doubts her eligibility
Property

Du Val wholesale investor doubts her eligibility

An investor convinced a relative to certify her after she heard a Du Val Capital pitch.

Garth Bray 23 Dec 2024
Ryman's model is shaking up Oz retirement sector
Property

Ryman's model is shaking up Oz retirement sector

“It's a NZ innovation that Australians can't steal," says Ryman's COO. 

Gregor Thompson 23 Dec 2024