Over 45 Years of
Operational Experience

Our focus is on operations, and we bring our experience from multiple industries
to help the companies in our portfolio grow.

We partner with you

to make extraordinary things happen

Developing strategic and
organizational capabilities
that fuel growth and
profitability for our partners.

Investing in companies
in resilient industries,
with growing trends, and
strong values.

Having a profound
knowledge of our
business and make it
work for you.

Our Team

Carlos
Penzini

Managing Partner

Carlos Penzini is Managing Partner of VRM Penzini Capital. He has over 25 years of successful business experience in planning, launching, growing, and operating businesses, including businesses financed by a diverse set of investors, product launches, and corporate restructurings. Mr. Penzini has held numerous high-profile executive roles, including Chief Sales Officer and Chief People Officer at Magic Leap and Senior Vice President of Strategy and Operations at Viacom. 

Mr. Penzini has an MBA from the Haas School of Business at the University of California at Berkeley, a Master’s in finance from IESA, and a BS in Systems Engineering from Universidad Metropolitana. He is the Founding President of Berkeley Florida, the alumni association of the University of California graduates residing in Florida. He was also the Graduate Instructor in Private Equity and Venture Capital at the Haas School of Business.

Diego
Rodríguez

Managing Partner

Diego Rodriguez joined VRM Companies in 1995, as a partner. His experience encompasses all aspects of planning and development, including economic feasibility analysis, site evaluation and acquisition, engineering and architectural review, all phases of permitting, construction contract coordination and implementation, as well as sales, marketing, and management supervision. He is responsible for expanding VRM’s operations to the southeastern U.S, where he currently oversees the Florida region, and has successfully led the development of over 1,000 units in multifamily rental and land development parcels, as well as other VRM business ventures.

Mr. Rodríguez holds a B.S. in Civil Engineering from the University of Florida and an MBA with a concentration in Finance from the University of Miami.

Rafael
Rojo

Managing Partner

Mr. Rafael Rojo is Partner at VRM Penzini, and President and CEO of VRM Companies, a top 100 real estate developer in the US and the #1 in Puerto Rico.  Throughout his career, he has been involved in all aspects of the business, working directly in the construction and engineering stages as well as the design, planning, permitting, financing, and marketing of VRM’s real estate developments. As President & CEO, Rojo has diversified the group’s investments in several important companies in Puerto Rico and the U.S. 

His leadership has also taken him to participate in crucial efforts regarding public policy and economic issues in Puerto Rico, for which he’s been recognized with several accolades, including the Presidential Award, by Puerto Rico Builders Association in 2022, Caribbean Businessperson of the Year, the SME Top Management Award in Construction and the Industries Defense Award as well as the Frank Ramirez de Arellano Lifetime Achievement Award from the Puerto Rico Builders Association. Rafael Rojo has a double major in Economics and Business from Springfield College.

Over 45 Years of
Operational Experience

Our focus is on operations,
and we bring our experience from
multiple industries to help the
companies in our portfolio grow.

Developing strategic and
organizational capabilities that fuel
growth and profitability for our partners.

Investing in companies in
resilient industries, with growing
trends, and strong values.

Having a profound knowledge of our
business and make it work for you.

Our Team

Carlos
Penzini

Managing Partner

Carlos Penzini is Managing Partner of VRM Penzini Capital. He has over 25 years of successful business experience in planning, launching, growing, and operating businesses, including businesses financed by a diverse set of investors, product launches, and corporate restructurings. Mr. Penzini has held numerous high-profile executive roles, including Chief Sales Officer and Chief People Officer at Magic Leap and Senior Vice President of Strategy and Operations at Viacom. 

Mr. Penzini has an MBA from the Haas School of Business at the University of California at Berkeley, a Master’s in finance from IESA, and a BS in Systems Engineering from Universidad Metropolitana. He is the Founding President of Berkeley Florida, the alumni association of the University of California graduates residing in Florida. He was also the Graduate Instructor in Private Equity and Venture Capital at the Haas School of Business.

Diego
Rodríguez

Managing Partner

Diego Rodriguez joined VRM Companies in 1995, as a partner. His experience encompasses all aspects of planning and development, including economic feasibility analysis, site evaluation and acquisition, engineering and architectural review, all phases of permitting, construction contract coordination and implementation, as well as sales, marketing, and management supervision. He is responsible for expanding VRM’s operations to the southeastern U.S, where he currently oversees the Florida region, and has successfully led the development of over 1,000 units in multifamily rental and land development parcels, as well as other VRM business ventures.

Mr. Rodríguez holds a B.S. in Civil Engineering from the University of Florida and an MBA with a concentration in Finance from the University of Miami.

Rafael
Rojo

Managing Partner

Mr. Rafael Rojo is Partner at VRM Penzini, and President and CEO of VRM Companies, a top 100 real estate developer in the US and the #1 in Puerto Rico.  Throughout his career, he has been involved in all aspects of the business, working directly in the construction and engineering stages as well as the design, planning, permitting, financing, and marketing of VRM’s real estate developments. As President & CEO, Rojo has diversified the group’s investments in several important companies in Puerto Rico and the U.S. 

His leadership has also taken him to participate in crucial efforts regarding public policy and economic issues in Puerto Rico, for which he’s been recognized with several accolades, including the Presidential Award, by Puerto Rico Builders Association in 2022, Caribbean Businessperson of the Year, the SME Top Management Award in Construction and the Industries Defense Award as well as the Frank Ramirez de Arellano Lifetime Achievement Award from the Puerto Rico Builders Association. Rafael Rojo has a double major in Economics and Business from Springfield College.

Let us know how we can help you

We partner with you to make extraordinary things happen.