VRM Penzini Capital
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Team

The people behind the firm.

A partnership of operators, supported by a small, deliberate team. Every name on this page is accountable for the outcome of the businesses we own.

Managing Partners
CP

Carlos Penzini

Managing Partner

Senior operating and strategy roles in consumer technology and media, including SVP Strategy & Operations at Viacom. Consultant at The Boston Consulting Group.

Former graduate instructor in Private Equity and Venture Capital at UC Berkeley Haas.

Board memberships
  • Island Finance
  • Hello Media
  • Island Renewable Energies
  • Vision News Media
  • Star Solar
  • Bach & Stern
  • Miami Franchise Group
  • (Ron del Barrilito — Observer)
Education. MBA, UC Berkeley Haas. MS Finance, IESA. BS Systems Engineering, UNIMET.
RR

Rafael Rojo

Managing Partner

President & CEO of VRM Companies, Puerto Rico's #1 real estate developer and a Top 100 US developer.

Recognized with the Presidential Award by the PR Builders Association (2022), Caribbean Businessperson of the Year, and the Frank Ramirez de Arellano Lifetime Achievement Award.

Board memberships
  • Island Finance
  • Hello Media
  • Island Renewable Energies
  • Vision News Media
  • Ron del Barrilito
  • Qdoba
Education. Double major Economics & Business, Springfield College.
DR

Diego Rodríguez

Managing Partner

Joined VRM in 1995. Led development of over 1,000 multifamily and land units across the Southeast US.

Combines engineering rigor with capital markets discipline across the firm's portfolio.

Board memberships
  • Island Finance
  • Island Renewable Energies
  • Star Solar
  • Bach & Stern
  • Miami Franchise Group
Education. BS Civil Engineering, University of Florida. MBA Finance, University of Miami.
Team
RR

Rafael Rojas-Alas

Integration, Strategy & Pipeline
MM

Miguel Montero

Portfolio Value Creation & Fund Administration
EG

Eduardo Gayoso

Financial Analysis
AM

Ana Cecilia Morales

Operations & Compliance