Bridging Finance Inc.: Results from the Special Meeting of Unitholders

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Bridging Finance Inc.: Results from the Special Meeting of Unitholders

by ahnationtalk on January 13, 202141 Views

Bridging Finance Inc. (the “Manager’) is pleased to confirm that on December 18, 2020 and December 21, 2020, at a special meeting of unitholders, unitholders of the Bridging Income Fund LP, Bridging Income RSP Fund, Bridging Mid-Market Debt Fund LP, Bridging Mid-Market Debt RSP Fund and Bridging Indigenous Impact Fund voted overwhelmingly in favour of the following changes:

Fund Matter Voted Upon Result Effective Date
Bridging Income Fund LP Increase to Notice Period of Redemptions from 30 to 90 days Approved January 1, 2021
Amendments to Incentive Allocation calculation Approved January 1, 2021
Bridging Income RSP Fund Increase to Notice Period of Redemptions from 30 to 90 days Approved January 1, 2021
Amendments to Performance Fee calculation Approved January 1, 2021
Amendments to terms of Redemption Requests Approved January 1, 2021
Bridging Mid-Market Debt Fund LP Increase to Notice Period of Redemptions from 30 to 90 days Approved January 1, 2021
Amendments to terms of Redemption Requests Approved January 1, 2021
Bridging Mid-Market Debt RSP Fund Increase to Notice Period of Redemptions from 30 to 90 days Approved January 1, 2021
Amendments to terms of Redemption Requests Approved January 1, 2021
Bridging Indigenous Impact Fund Increase to Notice Period of Redemptions from 30 to 90 days Approved January 1, 2021
Amendments to terms of Redemption Requests Approved January 1, 2021

The purpose of the changes are to increase the protection of unitholders from the ongoing effects of COVID-19 and its potential related impacts and to ensure greater consistency across the funds managed by the Manager.

Please feel free to contact us for any further questions.

Ian Baele, Senior Vice President, Sales – C: (416) 937-7641, ibael[email protected]

Scott Miller, Director, Sales – C: (647) 984-7524, [email protected]

David Sharpe, Chief Executive Officer – C: (647) 981-5658, [email protected];

NT5

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