Rockefeller Group Forming Partnership
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Rockefeller Group International Inc. and Los Angeles-based CommonWealth Partners said they were forming a real estate investment management partnership.
The venture will provide CommonWealth with financial backing to acquire and develop large-scale office and mixed-use projects across the country on behalf of institutional investors such as the California Public Employees’ Retirement System.
CommonWealth has about $1.5 billion under management.
New York-based Rockefeller Group owns, develops and manages real estate.
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