Whitehay Capital is a boutique investment firm focused on transforming underperforming and overlooked assets into high-performing, future-facing ventures. We combine local insight, operational expertise, and capital agility to unlock value across sectors, delivering strong returns with long-term impact.
Founded on the belief that operational real estate and strategic land hold extraordinary untapped potential, we take a hands-on approach across hospitality, sustainable agriculture, and urban regeneration. Our model blends rigorous investment discipline with entrepreneurial thinking, enabling us to reposition assets, drive operational turnaround, and align with evolving global trends.
-
Tom Graham
Co-founder & Partner
Tom co-leads Whitehay Capital’s investment and operational activities, with a focus on origination of new projects, capital raising initiatives, and building the firm’s business in Iceland.
With deep experience in asset management, operations, and development, Tom brings a pragmatic, hands-on approach and plays an active role across the firm’s deal pipeline, execution, and investor engagement. Together with Kormákur, he shares responsibility for driving strategy and delivering results across the portfolio.
-
Kormakur Arthursson
Co-founder & Partner
Kormákur co-leads Whitehay Capital’s investment and project activities, with a focus on hospitality, hotels, and strategic development projects.
With a background in real estate investment, private equity, and entrepreneurship, he brings commercial creativity, operational expertise, and a passion for unlocking the potential of underperforming assets. Kormákur works closely across projects, sharing responsibility for capital raising, strategy, and execution alongside Tom.
-
Macarena Rocca
Project Director
Macarena leads project management and delivery across Whitehay’s portfolio.
With a background in architecture and development management, she ensures projects are delivered on time, on budget, and to the highest standards. Macarena plays a key role coordinating between design teams, consultants, and on-site teams, bringing creative and technical expertise to every stage of the process.