Company History

Rockpoint’s Managing Members (Pat Fox, Keith Gelb, Greg Hartman and Bill Walton) have been investing together for 16 years. Rockpoint represents a continuation of the Managing Members’ investment activities at Westbrook Real Estate Partners, L.L.C. (“WREP”), a similar real estate investment company co-founded by Bill Walton in 1994. Each of the Managing Members is also a managing member of WREP and, collectively, they hold the majority of the voting interests in the entities responsible for the continued management of the four opportunistic investment vehicles sponsored by WREP.

April 1994

Westbrook Real Estate Partners, L.L.C. was co-founded by Bill Walton.

December 1994 through September 2000

Westbrook Real Estate Funds I, II, III, and IV (“WREF I”, “WREF II”, “WREF III” and “WREF IV”) were formed and capitalized with nearly $4 billion. WREF I through WREF IV together acquired 146 investments in the United States, Mexico, Europe and Asia.

September 2003

Five of the six managing members of WREP founded Rockpoint. Rockpoint established offices in Boston, Dallas, San Francisco and Tokyo.

September 2003

Rockpoint Real Estate Special Fund, L.P. was formed and capitalized with $100 million. Special Fund acquired seven investments located in the United States and Japan.

February 2004

Rockpoint Real Estate Fund I, L.P. was formed and capitalized with $904 million. Fund I acquired 48 investments located primarily in the United States and Japan.

July 2005

Rockpoint Real Estate Fund II, L.P. was formed and capitalized with $1.7 billion. Fund II acquired 61 investments located in the United States, Europe and Japan.

December 2005

Rockpoint established an office in London, England.

Rockpoint established an office in Frankfurt, Germany.

July 2006

Rockpoint Real Estate Finance Fund, L.P. was formed to offer a lower-risk, lower-return structured financial investment alternative and was capitalized with $479 million. Due to the lack of compelling investment opportunities, the Finance Fund committed only 5 percent of its capital commitments.

July 2007

Rockpoint Real Estate Fund III, L.P. was formed and capitalized with $2.5 billion. Fund III’s investment activity is focused primarily on the United States, Europe and Japan.