Rockefellers' Rose Rock Backs $2.5B Luxury Vietnam Resort

Law360, New York (January 14, 2014, 12:39 PM ET) -- Rose Rock Capital Group, a real estate investment firm founded by the Rockefeller family, will invest alongside Vietnam-based Vung Ro Petroleum in the development of a $2.5 billion luxury resort on the south central coast of Vietnam, the companies said Tuesday.

The resort community is planned for Vung Ro Bay in the Phu Yen province, which offers direct links to other major cities and the regional airport, according to a statement. The project will include a marina, the Bai Mon beach and several hotels, apartments and...
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