Rock Creek’s Investment Philosophy
Rock Creek believes that the ultimate rate of return from land investments can be significantly influenced by management’s ability to recognize value where others may not and to actively create value for investors. We draw on a handful of core competencies that we believe are central to our ability to source, execute, manage and exit investments. Our ongoing ability to achieve high returns accrues from our strict adherence to the following principles:
- We believe in hard work. Consistently high investment returns are not achieved by complex financial structuring. Rather, they are achieved through hard work. We don’t just “do deals,” we own and manage assets. We seek to build value over time by buying well, operating well and selling well.
- We believe that our money should be invested beside our investors’ money in every deal. Each of our partners personally invests in every investment we make. This substantial capital commitment gives us an incentive to excel. We live our investments every day – we share the benefits and the burdens.
- We believe that we must stay flexible to adapt our investment strategies to ever changing economic realities. We think broadly and creatively about each of our investments and strive to develop a range of disposition alternatives, which we think is vital to producing exceptional returns for our investors.
- We believe in the power of partnering with the right people. We pride ourselves on maintaining an extensive network of partners including consultants, attorneys, government officials, large land owners and brokers that we consider part of our investment team. Because of these long-standing working relationships, we are able to obtain superior market knowledge and achieve considerable time and cost savings, which directly benefit our clients.
- We believe in deep research and superior market knowledge and we constantly strive for both. Together, these efforts help us measure and mitigate downside risks for our investments.
- We recognize that opportunistic investing involves a continuous, and often delicate, balancing of risk and reward. We target less competitive, mid-size transactions. We typically don’t seek commodity assets that anyone can easily understand. Rather, we seek opportunities where hard work, intimate market knowledge, relationships and superior asset management skills can generate maximum returns for our investors.
- We believe in the breadth and depth of talent of our investment team. We are highly motivated and have a unique willingness to work with, and for, each other. We respect each other’s expertise and strengths, and know that we are all investing for the long run.
- We believe that the trust our investors place in us is achieved by openness and honesty at all times.