253
NEW YORK CITY — One William Street Capital Management has acquired Bedrock Capital Associates, a specialty finance firm focused on commercial real estate lending solutions. Bedrock was founded more than 10 years ago and serves a national client base from its offices in New York and San Francisco. Bedrock will continue to operate under the leadership of Barry Gersten and retain its own distinct brand identity. The transaction is subject to customary closing conditions and is expected to close by the end of June. Terms of the transaction were not disclosed.