Colliers completes investment in leading U.S. real estate investment firm
July 06 2022 - 6:00AM
Leading diversified professional services and investment management
company, Colliers (NASDAQ and TSX: CIGI), announced today it has
completed its previously announced investment in Rockwood Capital,
LLC (“Rockwood”), a leading U.S. real estate investment management
firm with more than $12 billion of assets under management.
About Colliers
Colliers (NASDAQ, TSX: CIGI) is a leading
diversified professional services and investment management
company. With operations in 62 countries, our 17,000 enterprising
professionals work collaboratively to provide expert real estate
and investment advice to clients. For more than 27 years, our
experienced leadership with significant inside ownership has
delivered compound annual investment returns of 20% for
shareholders. With annual revenues of $4.3 billion and $77 billion
of assets under management, Colliers maximizes the potential of
property and real assets to accelerate the success of our clients,
our investors, and our people. Learn more
at corporate.colliers.com,
Twitter @Colliers or LinkedIn.
About Rockwood
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.
For more information, please visit
https://www.rockwoodcap.com/.
Non-GAAP Measures
We use the term assets under management (“AUM”)
as a measure of the scale of our Investment Management operations.
AUM is defined as the gross market value of operating assets and
the projected gross cost of development properties of the funds,
partnerships and accounts to which we provide management and
advisory services, including capital that such funds, partnerships
and accounts have the right to call from investors pursuant to
capital commitments. Our definition of AUM may differ from those
used by other issuers and as such may not be directly comparable to
similar measures used by other issuers.
COMPANY CONTACTS:
Christian MayerChief Financial
Officer(416) 960-9500
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