Century City-based real estate investment firm Rockwood Capital closed its “Real Estate Partners Fund X,” which received $1.1 billion in capital commitments, the company announced in a release.
The fund will focus on acquiring office, residential, retail and hotel assets in urban and suburban areas in the United States.
Fund X has a wide investor base including public and private pension funds, insurance companies, foundations to high-net-worth individuals, according to the release.
Rockwood, an 82-person firm, has offices in New York, San Francisco and Seoul, Korea. It manages about $8.9 billion of real estate, according to its website. — Subrina Hudson