Rockspring Capital (the “Company”) announced today that Jessica Walton joined the Company on September 1, 2010, as Vice President of business development activities related to prospective investors in the Company’s funds. She will be responsible for fund-raising activities as well as communications and marketing to new investors, both individual and institutional.
Ms. Walton’s background includes a number of positions in the energy field including the energy investment bank Simmons & Company in Houston.
“Jessica will add tremendous value as we look to deepen our investor base” said Jim Hynes, Managing Director of Rockspring Capital. “Jessica’s knowledge and relationships in gas and energy trading fits nicely with our goal to increase our investor base beyond the traditional real estate types,” he continued.
About Rockspring Capital
The Company is a second-generation real estate investment management firm. Rockspring’s investment strategy is to acquire opportunistic developed residential lots in desirable communities and in-fill land parcels in high growth areas. The Company acquires land with all cash through a fund structure designed to provide its investors diversification through product, location and investment size mix. Core markets are within the “Texas Triangle” of the Houston, Austin, San Antonio and Dallas/Ft. Worth greater metropolitan areas. The company is now raising capital for its seventh fund – Opportunity Land Fund No. 7, L.P., which will be capped at $100 million.