RockBridge raises $101 million for sixth fund
RockBridge Capital has raised $101 million for its sixth fund, RockBridge Hospitality Fund VI, according to a filing with the Securities and Exchange Commission. The fund launched in January 2013 with a $350 million fundraising goal. The value-added/opportunistic fund invests in debt in the hotel sector. RockBridge is an integrated hotel investment firm that has executed more than 300 debt and equity hotel investments in the United States during the past two decades. Since 1992, RockBridge's team has invested nearly $3 billion in the hospitality industry as part of approximately $5 billion of total transaction capitalization.