Current portfolio


A leading owner and operator of retirement villages and aged care facilities in New Zealand.

Established in 1984, Metlifecare currently owns and operates a portfolio of 37 retirement villages in areas with strong local economies, supportive demographics and high median house prices, located predominantly in New Zealand’s upper North Island.

  • Sector
  • Country
    New Zealand
  • Responsible Advisor
    Ken Wong
  • Fund
    EQT Infrastructure IV
  • Entry
  • Web

Market trends and drivers
The market for retirement village living in New Zealand is highly attractive and characterised by positive aging population demographics. New Zealand’s population aged over 75 is forecast to grow materially over the next 20 years and retirement village living is widely viewed as a secure and attractive lifestyle option for aging New Zealanders.

Investment potential
Metlifecare is a leading operator of retirement villages in New Zealand with an outstanding reputation for resident care. Supported by strong market and demographic trends, Metlifecare has significant value creation and investment potential through increasing the development pipeline, enlarging the group’s continuum of care offering, and investing in digital products and tools to further enhance the resident experience.

Board of directors

  • Chairperson
    Paul McClintock AO
  • Board member
    Dr. Jonathan Coleman
  • Board member
    Ken Lotu-Iiga
  • Board member
    Maggie Owens
  • Board member
    Murray Jordan
  • Board member
    Sam Franklin


  • CEO
    Earl Gasparich
  • CFO
    Jonathan Wilde
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