Who's Moving Where In Wealth Management? - Rockland Capital

Editorial Staff

29 April 2020

Rockland Capital
Rockland Capital, which concentrates on buying and developing energy sector firms, said yesterday that one of its investment funds has formed Rockland Renewable Ventures, LLC. It has also hired industry veteran Ruben Fontes as its president.

RRV will specialize in originating and developing clean and renewable energy assets throughout the US. RRV plans to build upon and leverage Rockland's energy industry presence and platforms to offer comprehensive renewable solutions to customers that include the management of all development, financing, engineering, construction, operation and optimization activities.

Fontes has been a senior executive in the renewable energy space for over 12 years, most recently as chief executive of TerraNavigator, LLC and senior vice president with Ameresco.

Rockland Capital is a private equity company which was formed in early 2003 in order to acquire and develop selected investment opportunities in power and energy infrastructure markets. Rockland is currently investing Rockland Power Partners III, LP, a $454 million private equity fund with investors that include US endowments and foundations, funds of funds, pension plans and family offices.

The firm also manages Rockland PJM Partners, LP, a $200 million private equity fund, Rockland Power Partners II, LP, a $425 million private equity fund, and Rockland Power Partners, LP, a $333 million private equity fund. Investments have been located throughout the US and the UK.