DALLAS-Three Realty Capital Partners principals have partnered with Westmount Realty Capital LLC to form a new investment company called Westmount Realty Finance LLC. Richard Myers, Steve Saxon and Peter Aberg will focus on raising capital in 2011 for four investment funds totaling $150 million.
Westmount Realty Finance will be headquartered in Dallas with offices in New York, Atlanta, San Francisco and London. Cliff Booth, founder and president of Westmount Realty Capital, also will serve as Westmount Realty Finance’s Chairman, CEO and President. Myers also will serve on the Board and Westmount Executive Vice President and Partner Steve Kanoff will serve as chief investment officer and a Board member.
Booth tells GlobeSt.com that he approached the Realty Capital Partner executives with hopes of forming an alliance with the company. Instead, the industry veterans agreed to launch the new company.
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