One of the primary goals for the Roc project is compiler speed. I presume OCaml is out of the running because it's not a systems language.
OCaml has often historically been considered a language that's been appropriate to write systems tooling like compilers, runtimes, and unikernels in, even though GC'd languages were/are not often considered for such projects.
OCaml compiler is incredibly fast. I wonder how it'd fare with Jane Street's extensions for the borrow checker etc in OxCaml, if it's good enough for their HFT I'm sure it's good enough for a new language.