Real estate investor Russel S. Bernard has announced the formation of Westport Capital Partners LLC, a firm that will specialize in opportunistic real estate investments.Mr. Bernard, 47, was most recently the real estate group portfolio manager at Oaktree Capital Management LLC. Before that, he was a managing director and portfolio manager of The Distressed Mortgage Fund at Trust Company of the West. Westport will be geared to institutional and private clients.

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