Rockwood Capital manages real estate-related investments for pooled investment vehicles and separate accounts. Rockwood investigates, analyzes, and structures potential investments. The firm's principals retain autonomy with respect to the day-to-day operations of the investment management business. Rockwood collaborates with Harrison Street on strategic initiatives and efforts and is expected to provide sub-advisory services to certain Harrison Street clients in the future.
Fee Structure
Rockwood Capital manages real estate funds and charges an annual management fee. The management fee is generally calculated as a percentage of a limited partner’s capital commitment. After a certain date, the management fee is generally calculated based on a formula tied to the amount of investment contributions. The management fees are subject to modification, waiver, or reduction in certain limited circumstances. The amount of management fees typically will not correspond with fluctuations in the net asset value of individual investments or of a fund.