The Toronto-based merchant banking firm Windsor Private Capital Limited Partnership has announced its acquisition of Class A shares at Trez Capital Senior Mortgage Investment Corporation.
The acquisition involved an aggregate of 93,100 Class A shares at Trez. This represented approximately 1.27% of Trez’s issued and outstanding Class A Shares as of February 16, and amounted to an aggregate price of approximately $186,831.
“Windsor has acquired the Class A Shares for investment purposes,” the banking firm said. “Windsor intends to review its investment in the corporation on a continuing basis,” adding that it might decide to make adjustments “depending on various factors including, without limitation, the corporation’s financial position, the price levels of the securities, conditions in the securities markets and general economic and industry conditions.”
Following the acquisition, Windsor disclosed that it “beneficially owns and controls” 878,400 Class A shares, representing approximately 12% of the issued and outstanding Class A shares at Trez.
Since the early months of the pandemic, Trez Capital has engaged in a progressive, deliberate reopening strategy that ultimately saw the appointment of two new leadership team members in February.
Last month, John Maragliano joined Trez Capital as chief financial officer, while Christian Skogen was appointed as chief risk officer.