NEW YORK—Private real estate firm Rockwood Capital LLC has admitted Tony Lariño as a partner in the firm. Lariño is based in the firm’s office here.
The promotion coincides with the final closing of Rockwood Capital Real Estate Partners Fund X, L.P. (Fund X) with $1.1 billion in capital commitments, meeting the fund’s hard cap. The value-added fund will target office, residential, retail and hotel assets in urban and suburban core mixed-use environments in the U.S.
Lariño has more than 20 years of real estate experience, spanning mergers and acquisitions, capital markets and asset management. He joined Rockwood in 2010 as the firm’s head of hotel investments and continues to specialize in the lodging sector. In addition to completing numerous transactions in the office, retail and lodging sectors, he is the portfolio manager for Rockwood Funds VI and VIII. In this capacity, he has overall responsibility for the portfolio, including fund composition, asset management, capitalization and disposition activities. Lariño serves on the investment committees of various funds.
“Over his six years with the firm, [Tony] has been an innovative strategist who has significantly advanced our business on numerous fronts. His deep knowledge of the lodging industry and investment management generally will be invaluable as we identify and invest in quality assets for our new fund,” said Walter Schmidt, senior managing partner, Rockwood.