We construct a model for the formation of black holes within galactic bulges.
The initial state is a slowly rotating isothermal sphere, characterized by
effective transport speed \aeff and rotation rate Ω. The black hole
mass is determined when the centrifugal radius of the collapse flow exceeds the
capture radius of the central black hole. This model reproduces the observed
correlation between black hole masses and galactic velocity dispersions, \mbh
\approx 10^8 M_\odot (\sigma/200 \kms)^4, where \sigma = \sqrt{2} \aeff.
This model also predicts the ratio \mrat of black hole mass to host mass:
\mrat≈ 0.004 (\sigma/200 \kms).Comment: 9 pages, 2 figures, submitted to Astrophysical Journal Letter