EQUITY FUNDING

Through the Growth Capital Fund (GCF), Whiterock partners with ambitious businesses seeking strategic investment. Typical initial equity commitments range from £1 million to £5 million, supporting scale, innovation, and transformation. By collaborating with management teams, Whiterock provides growth capital that builds sustainable enterprise value.

At A Glance

We are long-term, minority investors who believe the strongest outcomes are achieved through genuine partnership. Beyond capital, we provide strategic guidance, industry insight, and access to a wider network to support management teams through their next phase of growth.

Eligibility

Funding Terms

Product Development and Innovation

Scaling Operations and Entering New Markets

Strengthening Leadership and Governance

Driving Value Creation and Investor Returns

The Investment Process

*External diligence refers to financial, legal, and tax diligence.

Get in Touch

If you are an ambitious management team considering strategic investment, contact one of the members of the equity team, or visit our contact us page and fill out the enquiry form.

Whiterock Equity Team

Paul Millar

Chief Executive Officer

Chris Trotter

Investment Director

Sara McCrea

Investment Manager

Michael Simpson

Investment Analyst

Graham Ferguson

Investment Director

Graham has over 30 years of experience in the financial and technology markets, corporate governance and venture investing in technology-based companies. Graham joined the board of FD Technologies in 2008 as Chief Financial Officer and played a fundamental role in the development and delivery of the growth strategy for the business, whose revenue grew 25 times during his tenure.

During his career he has been extensively involved in corporate acquisitions, restructurings, developing strategic partnerships, investment activities and latterly established and managed the FD Technologies. He formerly held senior roles with KPMG, Bank of Ireland and is a qualified Chartered Accountant.

He is responsible for sourcing and executing equity investment opportunities for the Growth Capital Fund. Following investments Graham works with portfolio management teams to realise their ambitious growth plans.

Adrian Toner

Venture Partner

Adrian is an accomplished entrepreneur and former “C suite” executive with over 30 years’ experience in developing and implementing sustainable growth strategies and leading high- performance teams.

He joined the Whiterock team in June 2025 as an Venture Partner.

He was a Board member at FD Technologies plc from 2005-2020 initially as a Non-Executive Director from 2005-2010 and latterly as Chief Operating Officer from 2010-2020. He joined the Allianz Group in 1990 in London as a credit insurance underwriter working within the construction and timber industries with specific responsibility for Ireland country risk.

From 2003-2010 he was Head of Allianz Northern Ireland and a Member of the Executive Management Team of Allianz Ireland plc (based in Dublin and Belfast) responsible for business operations and broker distribution.

He has an honours degree from Queens University Belfast and an Executive Master’s in Business Administration from Middlesex University.

Adrian is responsible for assisting in equity investment opportunities for the Growth Capital Fund. Following investment Adrian works with portfolio management teams to realise their ambitious growth plans.

Chris Trotter

Investment Director

Chris is a graduate of the University of Ulster and a Chartered Accountant.

Chris has over ten years of experience working with private equity and venture capital firms to execute deals across the technology, industrial and services sectors. He started his career at PwC London, prior to spending 7 years executing deals in the NI market before joining Whiterock.

Chris is responsible for sourcing and executing investments on behalf of Whiterock’s Growth Capital Fund. Following investments Chris works with management teams to realise their ambitious growth plans.

Oliver Matthews

Associate Director

Oliver graduated from Northumbria University, with a First-Class Honours in Accounting, where he spent a year abroad at Korea University and Hong Kong University of Science and Technology. Oliver completed his Chartered Accountants Ireland contract with EY, before working in the Northern Ireland Corporate Finance market for 5 years, advising Shareholders on buy-side and sell-side engagements across a range of domestic and cross-border transactions in the healthcare, technology, FMCG and construction sectors.

Oliver is an Associate Director within the Growth Capital Fund team and is involved in deal origination, deal execution, and portfolio management. His role involves supporting the investment appraisal process from sourcing opportunities through to completion. 

Sara McCrea

Investment Manager

Sara graduated from Queen’s University Belfast with a First-Class Honours Degree in Finance. Sara qualified as a chartered accountant in 2021 following 5 years with KPMG. Prior to joining Whiterock in 2023 Sara spent 2 years working in the central finance team at Kainos PLC. 

Sara is an Investment Manager within the Growth Capital Fund team, and her role involves supporting the investment appraisal process from sourcing of opportunities through to execution.  She is also responsible for managing the due diligence process and liaising with the portfolio companies after investment.

Michael Simpson

Investment Analyst

Michael studied Accounting and Finance at Newcastle University, graduating in 2018. Michael joined EY in Belfast where he completed his Chartered Accountants Ireland training contract whilst working in the Assurance department. He then joined the Transaction Diligence team where his focus was providing buy-side and sell-side due diligence on UK&I SME businesses in both the corporate and mid-market private equity sectors.

As an Investment Analyst within the Growth Capital Fund team his role involves analysing financial data and forecasts for prospective clients. He is also responsible for preparing Due Diligence reports for investment committee.