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About

The Firm

Elevation Capital Management Limited is an Auckland-based capital markets specialist founded in 2007. The firm is a Registered Financial Service Provider (FSP#1011848).

For nearly two decades, Elevation Capital has managed capital on behalf of retail, wholesale, and institutional investors across global equity markets, with a consistent and demonstrable investment track record.

This Archive

This website is an archive of Elevation Capital's history — spanning nearly two decades of investment activity, research, media appearances, and capital markets activity since the firm's founding in 2007.

Company Timeline

Key milestones in Elevation Capital's history since 2007.

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  • Elevation Capital was launched with NZ$8.0M in investor capital with the Elevation Capital Multi-Strategy Fund.
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  • Launched Elevation Capital Value Fund.
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  • Launched the Elevation Capital Global Value Fund of Funds.
  • Merged the Elevation Capital Multi-Strategy Fund into the Elevation Capital Value Fund.
  • Christopher Swasbrook appointed as Director to Satara Co-operative Group.
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  • Nominated for Morningstar International Equities Category Fund Manager of the Year 2012, New Zealand.
  • Nominated for FundSource International Equity Sector Fund Manager of the Year 2012, New Zealand.
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  • Nominated for FundSource International Equity Sector Fund Manager of the Year 2013, New Zealand.
  • Christopher Swasbrook is referenced in the preface of John Mihaljevic's The Manual of Ideas: The Proven Framework for Finding the Best Value Investments. View Preface
  • Appointed to manage a global investment mandate from Eastern & Central Community Trust.
  • Appointed to manage a global investment mandate from The Community Trust of Mid & South Canterbury.
  • Appointed to manage a global investment mandate from Community Trust of Southland.
  • Christopher Swasbrook resigned as Director of Satara Co-operative Group following its successful merger with rival post-harvest operator EastPack to improve supply chain efficiencies and manage industry challenges caused by the PSA vine disease.
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  • Appointed to manage a global investment mandate from the Taranaki Electricity Trust and Four Regions Trust.
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  • Closed the Elevation Capital Global Value Fund of Funds.
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  • Awarded the Morningstar International Equities Category Fund Manager of the Year 2017, New Zealand.
  • Bethunes Investments undertook the largest reverse listing in NZX history, acquiring Transport Investments Limited (now MOVe Logistics).
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  • Launched the NZXNOW campaign against the NZX.
  • Elevation Capital launched the Walter Schloss Archive.
  • Led by Elevation Capital, Bethunes Investments acquired a stake in SwimTastic.
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  • Christopher Swasbrook appointed as a Board Member of the Financial Markets Authority (FMA) for a five-year term.
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  • Christopher Swasbrook reappointed to the FMA Board for a further year.
  • Christopher Swasbrook appointed as Chairman of the Auckland Future Fund.
  • Led by Elevation Capital, Bethunes Investments exited its investment in SwimTastic.
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  • Christopher Swasbrook appointed as an Independent Director of NZX-listed Rakon Limited.
  • Christopher Swasbrook reappointed to the FMA Board for a further five years.
  • 76% of Elevation Capital Funds Management was sold to outside investors in April 2025, including Black Bull Markets founders Michael Walker and Selwyn Loekman, and Delta Insurance founder Ian Pollard.
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  • Christopher Swasbrook announced his resignation as a director of New Zealand Rural Land Company, effective 30 April 2026.
  • Rakon Limited is now set to delist from the NZX in June 2026 after successful takeover from US-based Bourns.
  • Curve Investments Limited acquired Elevation Capital Funds Management Limited (ECFML), the manager of the Elevation Capital Global Shares Fund, and rebranded ECFML as The Curve Investments. Christopher Swasbrook continues to own Elevation Capital Management Limited and the Elevation Capital brand (100% via CG Swasbrook & Co) and manages investments for Wholesale and Institutional Investors.