As the investment arm of the Ullrich Group Family Office, Varcap is focused on long-term value creation through strategic investments in alternative asset classes. Born from two generations of metals merchants the Ullrich Family Office strives to uphold the mercantile flair embodied by its founders in South Auckland almost 75 years ago.
Our investment philosophy centres on patient capital. By identifying undervalued assets with sustainable competitive advantages, we aim to generate consistent, risk-adjusted returns for generations to come. Our unwavering focus on disciplined investment practices and a generational perspective positions us as a trusted investment partner to those who share this vision.
The office oversees a private multi asset investment strategy deployed globally across Real estate, Alternatives, Fixed income, Private credit, Public Equities and Cash.
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