A spokesperson for Rockwood, which is currently headquartered at 325 Greenwich Ave. in Greenwich, confirmed the company's interest in the 10 Bank St. property but issued a statement saying: "No decision has been made and company officials are still looking at space both in Fairfield County, CT and Westchester County, NY."

Jeffrey H. Newman, executive vice president of W&M Properties, had no comment on the possible deal with Rockwood Capital. But according to the IDA filing 10 Bank St. would serve as the East Coast office of Rockwood Capital. The firm also maintains an office at Two Embarcadero Center in San Francisco.

Rockwood manages funds on behalf of high net-worth individuals and more than 40 institutional investors, including public and private pension funds, endowments, foundations and insurance companies, according to its website. The firm current invests in four commingled closed-end investment funds with total equity commitments of more than $1.5 billion and a total portfolio value that fluctuates between $2 billion and $3 billion. Investments center on office, retail, residential, hotel and mixed-use projects.

NOT FOR REPRINT

© Arc, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to TMSalesOperations@arc-network.com. For more information visit Asset & Logo Licensing.