Berkshire Global Advisors acted as financial advisor to Rockwood Capital, LLC
Rockwood Capital, LLC is a leading private real estate investment firm with offices in Los Angeles, San Francisco, and New York City. Since inception, the firm has managed funds and separate accounts on behalf of over 130 institutional investors, including public and private pension funds, sovereign wealth funds, endowments, foundations, insurance companies, and high-net worth individuals. Rockwood and its principals have invested in over $36 billion of real estate on behalf of clients through value-add funds, credit funds, and separate accounts.
Colliers (NASDAQ, TSX: CIGI) is a leading diversified professional services and investment management company. Colliers has operations in 62 countries, with 17,000 enterprising professionals who work collaboratively to provide expert real estate and investment advice to their clients. For more than 27 years, their experienced leadership with significant inside ownership has delivered compound annual investment returns of 20% for shareholders. With annual revenues of $4.3 billion and $57 billion of assets under management, Colliers maximizes the potential of property and real assets to accelerate the success of their clients, their investors, and their people.
Colliers acquired a 65% stake in Rockwood, with the balance of the equity retained by Rockwood’s senior leadership team who will continue to lead the business under the “perpetual partnership” model with Colliers, providing full alignment, long – term stability, and orderly succession over time.