TPG Mortgage Investment Trust and Cherry Hill Mortgage Investment Corporation Announce Definitive Merger Agreement
TPG Mortgage Investment Trust (MITT), a residential mortgage REIT managed by an affiliate of TPG Inc., announced it has entered into a definitive merger agreement with Cherry Hill Mortgage Investment Corporation (CHMI). Both companies announced the agreement in a joint statement.
Why it matters — The merger involves MITT, a REIT managed by an affiliate of TPG, so it affects one of the entities connected to TPG's investment management operations.