Caprock Taps Vivek Jindal to Succeed Richard Rock as Chief Investment Officer
Caprock, a multifamily office registered investment adviser serving ultra-high-net-worth clients, has appointed seasoned investment professional Vivek Jindal as chief investment officer.
Jindal will leverage his more than two decades of investment experience with families and asset managers to oversee Caprock’s investment platform, provide a structure to support growth and identify top-tier investment opportunities for the firm’s clients. He was previously CIO from 2021 to 2025 at KORE Private Wealth, which was acquired by CI Financial/Corient in 2022.
Jindal was selected as the successor to Richard Rock, a founding member and wealth adviser who served as Caprock’s investment leader for nearly two decades. Rock will remain on the firm’s investment team and focus on adviser and client support.
“As we embark on Caprock’s next chapter of growth, Vivek’s proven leadership and expertise will elevate our investment platform, ensuring we continue to deliver exceptional opportunities and value to our clients,” said Gregory Brown, Caprock’s co-chief executive officer.
Rock added, “Vivek has the experience and vision to position Caprock for further growth. He keenly understands how to structure our investment platform with a continued emphasis and access to private market investing. And he knows how to build a team with asset-class expertise and tech-enabled solutions that will support our advisers and their clients.”
According to the company, Jindal will guide Caprock’s portfolio construction and manager selection with attention to public and private markets and impact and non-impact investing opportunities across all asset classes.
“We are very excited to bring Vivek’s experience to Caprock and fortunate to make the transition with the support of Rick and the exceptional foundation he has established,” said Bill Gilbert, Caprock’s co-CEO.
Before his CIO role at KORE, Jindal helped lead the investment team and program at the Charles and Lynn Schusterman family philanthropies and the Schusterman Family Interests from 2018 to 2021. Jindal was also on the alternatives asset management team at The Blackstone Group from 2015 to 2018 and a senior portfolio analyst at Corbin Capital Partners from 2010 to 2015. He began his financial services career as a member of Ernst & Young’s valuation staff in its transaction advisory service group.
“I’m extremely excited to be part of Caprock and its distinguished investment team, as we are aligned in our approach from an investment and values perspective,” said Jindal. I look forward to continuing the incredible work that Rick has been doing for the past couple of decades.”
Jindal will be based in New York City and is the latest to join Caprock as the firm continues to grow its management and adviser teams. In recent months, the firm named Frank Giuliano as its head of corporate development, David Solow as a managing director and client adviser, Sandy Nixon as a client adviser.
According to reporting by AltsWire last year, Caprock acquired Grey Street Capital, a Chicago-based boutique advisory firm with $2.2 billion in client assets. The deal marked Caprock’s first acquisition, reflecting its aim to drive strategic growth and enhance its bespoke services to UHNW clients. At the time, the acquisition brought Caprock’s assets under advisement to more than $11 billion.
Founded in 2005, The Caprock Group acts as a full-service outsourced chief investment officer and chief financial officer for 400 wealthy families with a total of more than $13 billion in AUA.
Click here to visit AltsWire directory page.
