WilmerHale Represents Westmount Asset Management on Sale of Rosemont Stake to Temperance Partners

WilmerHale Represents Westmount Asset Management on Sale of Rosemont Stake to Temperance Partners

News

On January 31, 2018, Westmount Asset Management, one of the oldest and largest independent investment firms in Los Angeles, closed on the sale of Rosemont Investment Partners' stake in the firm to Temperance Partners. The firm, which currently manages more than $2.8 billion in client assets, has frequently been recognized as one of the 100 leading wealth advisory firms in the United States. Temperance is a private investment firm that invests in financial services and tech-enabled businesses with superior management and unique strategic vision.

The WilmerHale team serving as legal counsel to Westmount was led by Stephanie Evans and included Bill Caporizzo, Amy Doberman and Libby Ragan.