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Rockpoint Group has raised $400 million of investor capital for its debut opportunity fund, completing its first round of equity raising

Real Estate Alert, March 3, 2004

Rockpoint Group has raised $400 million of investor capital for its debut opportunity fund, completing its first round of equity raising. It will likely add close to $200 million via a second round in a few weeks. The company is seeking to raise $750 million in total by midyear. Rockpoint is headed by Westbrook Partners cofounder William Walton, who split from partner Paul Kazilionis last year.

Kazilionis is rapidly raising a fund via his new firm, Westbrook Group. All of Rockpoint's investors so far were previously investors in old Westbrook funds.

COPYRIGHT 2004 Harrison Scott Publications, Inc.
COPYRIGHT 2008 Gale, Cengage Learning
 

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