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H••••••• S••••• A•••••••• L••
Multi-strategy real estate managerSEC-registered adviser$5B to $25B· Chicago, Illinois
Multi-strategy real estate manager, based in Chicago, Illinois, reporting $17B of real estate gross assets across 2 vehicles.
Composed from this manager's Form ADV filings and classification.
As of · the latest Form ADV filing; property activity carries its own dates
- Real estate GAV
- $17B
- Current vehicles
- 2
- Institutional LPs
- 7
Form ADV, Schedule D, real estate vehicles summed
Form ADV, Schedule D 7.B.(1)
Pension and endowment disclosures
As of · the latest Form ADV filing; property activity carries its own dates
Why this matters
- Institutional LPs 7
- Graphs 2
Identifiers, size band and strategyCRD 157983 · SEC 801-72727ShowHide
What capital do they manage?
- Real estate GAV
- $17B GAV 2024sum of GAV over non-feeder, non-quarantined real estate vehicles on the latest filing, including vehicles typed Other Private Fund and admitted on their name (a scale proxy, never fund size)
- Vehicles
- 2 current, 3 ever, 0 dropped0 feeders, 0 funds of funds
How the GAV is measured, and the filing detailShowHide
- First on the tape
- 2011the extract starts in 2011; an earlier history is not visible
- Latest filing
- Mar 29, 2024registered adviser
- Adviser RAUM
- $20Bthe whole adviser, all strategies; used for the quarantine test only
- Fund types on the latest filing
- Other Private Fund 3
- Latest vintage
- 2024from a fund name year or the first ADV report after the adviser's first filing
What do they say they do?
stated by the manager
- Strategy
- Multi-strategy
- Operator model
- Fund managerbasis: stated
- Property types
- Student housing, Senior housing, Healthcare, Life science, Self storage, Data centerbasis: stated
- Markets
- North America, Europe, United States, Canadabasis: stated
- Business kind (site)
- Real estate manager
- AUM in its own words
- $110 billion in assets under managementthe manager's statement, not a DFX figure
- Parent
- H••••••• S••••• Asset Management
In the manager's own words25 quotesShowHide
- Multi-strategy: “HSAM is a multi-strategy alternatives investment manager, offering distinct yet complementary strategies that preserve the specialization, entrepreneurial spirit, and culture our investors value.”
- Core: “H••••••• S•••••’s US Core strategy was established to invest in stabilized, cash-flowing real estate backed by demographic-driven demand.”
- Core plus: “Rockwood Capital pursues a multifamily strategy to invest primarily in cash-flow-generating properties, with a dedicated allocation to value-creation opportunities.”
- Core plus: “H••••••• S•••••’s alternative real estate open-end fund provides investment in stabilized, cash-flow producing real estate with demographic-driven demand across Canada, while allocating up to 35% to value creation opportunities that complement and enhance portfolio returns.”
- Opportunistic: “H••••••• S•••••’s flagship US closed-end fund series aims to construct diversified portfolios of high-conviction investments and to create value through development, build-to-suit, repositioning, and renovation.”
- Value add: “Rockwood’s value-add fund series aims to construct diversified portfolios through the acquisition, repositioning, and development of residential, retail, mixed-use, office/R&D and industrial properties.”
- Opportunistic: “H••••••• S•••••’s European closed-end fund series pursues value creation opportunities in student housing, build-to-rent, senior housing, and other high-conviction alternative real estate sectors across Europe.”
- Core: “H••••••• S•••••’s European Core strategy focuses on investing in high-quality, stabilized assets across alternative real estate.”
- Debt: “Our Credit platform focuses on US real estate lending and European asset-backed credit and private capital solutions across real estate and infrastructure.”
- Development: “Our real estate strategies encompass demographic-driven assets, delivering differentiated solutions with a focus on growth, resilience, and long-term value across North America and Europe.”
- Student housing: “The strategy targets student housing, senior housing, healthcare delivery, life sciences, storage, and data center sectors.”
- Senior housing: “The strategy targets student housing, senior housing, healthcare delivery, life sciences, storage, and data center sectors.”
- Healthcare: “The strategy targets student housing, senior housing, healthcare delivery, life sciences, storage, and data center sectors.”
- Life science: “The strategy targets student housing, senior housing, healthcare delivery, life sciences, storage, and data center sectors.”
- Self storage: “including student housing, senior housing, build-to-rent, life sciences, healthcare and self storage will provide an attractive combination of strong income and long-term growth.”
- Data center: “The strategy targets student housing, senior housing, healthcare delivery, life sciences, storage, and data center sectors.”
- Multifamily: “Rockwood Capital pursues a multifamily strategy to invest primarily in cash-flow-generating properties, with a dedicated allocation to value-creation opportunities.”
- Office: “Rockwood’s value-add fund series aims to construct diversified portfolios through the acquisition, repositioning, and development of residential, retail, mixed-use, office/R&D and industrial properties.”
- Retail: “Rockwood’s value-add fund series aims to construct diversified portfolios through the acquisition, repositioning, and development of residential, retail, mixed-use, office/R&D and industrial properties.”
- Mixed use: “Rockwood’s value-add fund series aims to construct diversified portfolios through the acquisition, repositioning, and development of residential, retail, mixed-use, office/R&D and industrial properties.”
- Industrial: “Rockwood’s value-add fund series aims to construct diversified portfolios through the acquisition, repositioning, and development of residential, retail, mixed-use, office/R&D and industrial properties.”
- North America: “HSAM is a premier alternative investment management firm focused on real estate, infrastructure and credit strategies across North America and Europe.”
- Europe: “HSAM is a premier alternative investment management firm focused on real estate, infrastructure and credit strategies across North America and Europe.”
- United States: “The current portfolio comprises approximately $3.5 billion in gross value across 30 properties and more than 7,000 units in multiple US markets.”
- Canada: “H••••••• S•••••’s alternative real estate open-end fund provides investment in stabilized, cash-flow producing real estate with demographic-driven demand across Canada, while allocating up to 35% to value creation opportunities that complement and enhance portfolio returns.”
Vehicles
3 on Form ADV
| Vehicle | Kind | GAV | Owners | Reported | Vintage | Lifecycle | Name says | LPs |
|---|---|---|---|---|---|---|---|---|
| H••••••• S••••• C••• P••••••• F•••• L••• 805-9342000374 | fund | $17B GAV 2024 | 251 | 2016 to 2024 | 2016 | Mature | C••• | 4 |
| H••••••• S••••• C••••• A••••••••• R••• E••••• F•••• L••• 805-8560584651 | fund | $757M GAV 2024 | 190 | 2024 to 2024 | 2024 | Unknown |
1 dropped, re-typed or historical vehicles
| Vehicle | Kind | GAV | Owners | Reported | Vintage | Lifecycle | Name says | LPs |
|---|---|---|---|---|---|---|---|---|
| H• C••••• A••••••••• R••• E••••• F••• A••••••••• L••• 805-6493501474 | fund | $595M GAV 2023 | 189 | 2022 to 2023 | 2022 | Deploying |
What do they actually own?
0 trusted of 1 candidate bindings
No validated holdings yet. Candidate bindings stay off this page until their rule passes the blind-label gate.
Properties the manager names on its site
- U••••••••• o• K••••••• S•••••• H•••••• P•••••••• (student_housing) “••• Locked”
- S•••••• F••• M•••••••• D••••••••• (mixed_use) “••• Locked”
- B••••••••• D•••• (senior_housing) “••• Locked”
What are they buying, selling and financing?
0 acquisitions, 0 sales, 0 financings in 12 months
No attributed events yet. An event reaches this page only through a validated holding binding.
Who finances them?
0 loans, 0 lender groups
No recorded loans through trusted holdings.
Who backs them?
7 allocators, 8 rows
- M•••••••• S•••• B•••• o• I••••••••• in R••••••• C•••••• R• P••••••• X• manager_brand$100M committed, as of Jun 30, 2026 msbi.us
- M•••••••• S•••• B•••• o• I••••••••• in R••••••• C•••••• R• P••••••• X• L••• manager_brand$100M committed, as of Jun 30, 2026 msbi.us
- D• S••••• F••••••••• in H••••••• S••••• R••• E••••• P••••••• V••• manager_brand$2.2M fair value, as of Dec 31, 2024 apps.irs.gov
- T•••••• F••• in H••••••• S••••• C••• P••••••• F••• exact_name$342,173 fair value, as of Dec 31, 2024 apps.irs.gov
- T•• C••••••• H••••• F••••••••• in H••••••• S••••• C••• P••••••• F••• exact_name$37.9M fair value, as of Dec 31, 2024 apps.irs.gov
All 8 commitmentsShow fewer
- B••••• D• M••••• F••••••••• I•• in H••••••• S••••• C••• P••••••• F••• L• exact_name$5.1M fair value, as of Dec 31, 2024 apps.irs.gov
- E•••••• S•••••• F••••••••• I•• in H••••••• S••••• C••• P••••••• F••• L• exact_name$5.1M fair value, as of Dec 31, 2024 apps.irs.gov
- G•••••• N••••••••• I••• S••••••• E•••••••• P•••••• P••• in C• H••••••• S• C••• P••••••• F• manager_brand$1.1M fair value, as of Dec 31, 2022 askebsa.dol.gov
People
Form ADV Schedule A, latest filing
- C••••••••• N••••• M•••••• Member/Manager since 2005-09
- J••••• G•••••• L•••••• Partner, Global Head Of P•••••••• Management & Strategy since 2011-05
- S•••••• M••• G••••• Partner, Global Chief Financial Officer since 2018-07
- M•••••• S••••• G••••••••• Senior Managing Director, General Counsel, Chief Compliance Officer since 2020-03
What is changing?
- Vehicle first reported Mar 29, 2024 (observed) ••• Locked
- Vehicle first reported Mar 31, 2022 (observed) ••• Locked
- GAV reading quarantined Mar 31, 2017 (observed) ••• Locked
- Vehicle first reported Jul 29, 2016 (observed) ••• Locked
- First ADV filing on the tape Dec 13, 2011 (observed) ••• Locked
Across DFXHow records are bridgedBridged by shared CRD, CIK or SEC fund id only; the same institution’s PE portfolio companies and its real estate holdings stay on their own graphs.
Not yet on record: properties held.