NEW YORK, LOS ANGELES and SAN FRANCISCO, Nov. 8, 2018 /PRNewswire/ -- Rockwood Capital, LLC ("Rockwood"), a private real estate investment firm, today announced that it has promoted Andrew Blanchard and Niraj Shah to partners of the firm.
Walter Schmidt, Senior Managing Partner, said, "Andrew and Niraj are incredibly deserving of their promotions to Partner. Andrew has made significant contributions to Rockwood's commingled fund business and separate account business, most recently as a portfolio manager. Niraj has successfully spearheaded the development of Rockwood's structured products platform. Both are long-tenured members of the team who have exhibited not only expertise in their respective disciplines but also a firm commitment to client service."
Peter Kaye, Managing Partner, added, "Niraj and Andrew are incredibly talented real estate professionals who bring enthusiasm and creativity to their roles. We expect both to remain drivers of our business for many years to come."
Mr. Blanchard, based in San Francisco, joined Rockwood in 2004. Mr. Shah, based in New York, joined Rockwood in 2008.
About Rockwood Capital
Rockwood Capital, LLC (Rockwood) is a real estate investment management firm founded in 1995 that provides equity capital combined with real estate operating expertise for the repositioning, recapitalization, development and redevelopment of residential, office, research and development, retail and hotel space in key markets throughout the United States. Rockwood and its principals have invested on behalf of their clients approximately $28.4 billion of real estate through ten value-add vehicles and ten separate accounts. Today, Rockwood is a 76-person organization with offices in New York, NY, San Francisco, CA, and Los Angeles, CA that manages a portfolio of approximately $6.8 billion of gross real estate value as of June 30, 2018. Rockwood's investors include public and private pension funds, endowments, foundations, insurance companies, fund of funds, high net worth individuals and family offices.
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SOURCE Rockwood Capital, LLC
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