About

Private holding company.
Builder-operator posture.

Who we are

Whitehay Capital is a private holding company. We build and own businesses we would want to run for decades.

Our portfolio today is three companies: a Nordic data centre platform, an agentic AI venture, and a UK regeneration project. Each is at a different stage. Each was started inside Whitehay rather than acquired from elsewhere. Each is held with the intention of being run, not flipped.

How we work

We are founder-led and privately held. Kormakur Arthursson and Tom Graham founded Whitehay together and own it equally. The team works directly with the companies in the portfolio rather than across a fund overlay.

Time is the lever. We are unhurried about the things that compound and impatient about the things that don't.

We do not have an exit clock. The businesses we build are not for sale at the first sign of margin.

Team

Kormakur Arthursson

Co-founder

Founded Whitehay Capital with Tom Graham. Leads the group's UK regeneration work and its long-term investor relationships. Icelandic, based across London, Lisbon, and Reykjavík.

Tom Graham

Co-founder

Founded Whitehay Capital with Kormakur Arthursson. Leads the group's Nordic data centre work and capital relationships. Background in private capital and infrastructure development.

Judy Okten

Head of Innovation and Growth

Works across the portfolio on strategy, investor narrative, and the next layer of growth.

Aron Gunnarsson

Director of AI

Leads the technical build behind the group's AI work, including the Agentic Sales System.

Macarena Rocca

Operations