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Starlight Announces Unitholder Approval of Proposed Mergers for Private Pools
Starlight Announces Unitholder Approval of Proposed Mergers for Private Pools

National Post

time10-07-2025

  • Business
  • National Post

Starlight Announces Unitholder Approval of Proposed Mergers for Private Pools

Article content TORONTO — Starlight Investments Capital LP (' Starlight Capital'), on behalf of Starlight Private Global Infrastructure Pool, Starlight Private Global Real Estate Pool and Starlight Global Private Equity Pool (the ' Private Pools '), held a special meeting of holders of all series of units (' Unitholders ') of the Private Pools to consider and vote upon the proposed mergers (the ' Mergers ') of each of the Private Pools into Starlight Private Global Real Asset Trust as described in the joint management information circular dated May 30, 2025 (the ' Circular '). Article content At the special meeting, Unitholders approved the special resolution to authorize the Mergers. The Mergers are expected to be implemented on or about September 30, 2025. Article content Further information regarding the Mergers was outlined in the Circular. The Circular is also available on SEDAR+ at Article content Forward-looking statements Article content This press release contains 'forward-looking information' within the meaning of applicable Canadian securities legislation, including statements regarding the implementation of the Mergers. Generally, forward-looking information can be identified by the use of forward-looking terminology such as 'plans', 'expects' or 'does not expect', 'is expected', 'scheduled', 'intends', 'anticipates' or 'does not anticipate', or 'believes', or variations of such words and phrases or statements that certain actions, events or results 'may', 'could', 'would', 'might' or 'will' occur or be achieved. Article content By its nature, forward-looking information is subject to inherent risks and uncertainties that may be general or specific and which give rise to the possibility that expectations, forecasts, predictions, projections or conclusions will not prove to be accurate, that assumptions may not be correct and that objectives, strategic goals and priorities will not be achieved. Known and unknown risk factors, many of which are beyond the control of the Private Pools could cause actual results to differ materially from the forward-looking information in this press release. Accordingly, readers should not place undue reliance on forward-looking information. The Private Pools do not undertake to update or revise any forward- looking information, except in accordance with applicable securities laws. Article content The Article content 's investment objective is to achieve long–term capital appreciation and regular current income by investing globally in private infrastructure and infrastructure-related investments and in publicly-traded companies with direct or indirect exposure to infrastructure. Article content The Starlight Private Global Real Estate Pool 's investment objective is to achieve long–term capital appreciation and regular current income by investing globally in private real estate investments and in public real estate investment trusts and equity securities of corporations participating in the residential and commercial real estate sector. Article content The Starlight Global Private Equity Pool 's investment objective is to achieve long-term capital appreciation by investing in a diversified global portfolio of private equity investments and publicly traded global equity securities. Article content About Starlight Capital and Starlight Investments Article content Starlight Capital Article content is an independent Canadian asset management firm with over $1 billion in assets under management. We manage Global and North American diversified private and public equity investments across traditional and alternative asset classes, including real estate, infrastructure and private equity. Our goal is to deliver superior risk-adjusted, total returns to investors through a disciplined investment approach: Focused Business Investing. Starlight Capital is a wholly-owned subsidiary of Starlight Investments. Starlight Investments is a leading global real estate investment and asset management firm with over 375 employees and $30B in AUM. A privately held owner, developer and asset manager of over 70,000 multi-residential suites and over 7 million square feet of commercial property space. Learn more at Article content Article content Article content Article content Article content Contacts Article content For further information, contact: Article content Dennis Mitchell Article content Article content Chief Executive Officer & Article content Article content Chief Investment Officer Article content Article content 1-416-855-2642 Article content Article content dmitchell@ Article content Graeme Llewellyn Article content Chief Financial Officer & Article content Article content Chief Operating Officer Article content Article content Article content

Starlight Private Global Real Assets Trust Announces Unitholder Approval of Proposed Amendments and Mergers
Starlight Private Global Real Assets Trust Announces Unitholder Approval of Proposed Amendments and Mergers

National Post

time10-07-2025

  • Business
  • National Post

Starlight Private Global Real Assets Trust Announces Unitholder Approval of Proposed Amendments and Mergers

Article content TORONTO — Starlight Investments Capital GP Inc. (' Starlight Capital '), on behalf of Starlight Private Global Real Assets Trust (the ' Trust '), held a special meeting (the ' Meeting ') of holders of all series of units (' Unitholders ') of the Trust to consider and vote upon the proposed mergers (the ' Mergers ') of Starlight Private Global Infrastructure Pool, Starlight Private Global Real Estate Pool and Starlight Global Private Equity Pool into the Trust and certain amendments to the Trust prior to the Mergers (the ' Pre-Merger Amendments ') as described in the joint management information circular dated May 30, 2025 (the ' Circular '). Article content At the special meeting, Unitholders approved the special resolution to authorize the Pre-Merger Amendments and Mergers. The Pre-Merger Amendments are expected to be implemented on or about July 31, 2025, or in any event, prior to the Mergers, and the Mergers are expected to be implemented on or about September 30, 2025. Article content Further information regarding the Pre-Merger Amendments and Mergers was outlined in the Circular. The Circular is also available on SEDAR+ at Article content Forward-looking statements Article content Certain statements in this press release are forward-looking and involve a number of risks and uncertainties, including statements regarding the implementation of the Pre-Merger Amendments and Mergers. Forward-looking statements ('FLS') are provided for the purpose of assisting the reader in understanding the Trust's financial performance, financial position and cash flows as at and for the periods ended on certain dates and to present information about management's current expectations and plans relating to the future. Readers are cautioned such statements may not be appropriate for other purposes. FLS involve known and unknown risks and uncertainties, which may be general or specific and which give risk to the possibility that expectations, forecasts, predictions, projections or conclusions will not prove to be accurate, assumptions may not be correct and objectives, strategic goals and priorities may not be achieved. FLS are statements that are predictive in nature, depend upon or refer to future events or conditions, or that include words such as 'may,' 'will,' 'should,' 'could,' 'expect,' 'anticipate,' 'intend,' 'plan,' 'believe,' or 'estimate,' or other similar expressions. Statements that look forward in time or include anything other than historical information are subject to risks and uncertainties, and actual results, actions or events could differ materially from those set forth in the FLS. FLS are not guarantees of future performance and are by their nature based on numerous assumptions. Article content Information contained in FLS is based upon certain material assumptions applied in drawing a conclusion or making a forecast or projection, including management's perception of historical trends, current conditions and expected future developments, as well as other considerations believed to be appropriate in the circumstances. Although the FLS contained herein are based upon what Starlight Capital believes to be reasonable assumptions, Starlight Capital cannot be sure that actual results will be consistent with these FLS. The reader is cautioned to consider the FLS carefully and not to place undue reliance on FLS. Article content The forward-looking statements relate only to events or information as of the date on which the statements are made in this press release. Unless required by applicable law, it is not undertaken and specifically disclaimed that there is any intention or obligation to update or revise FLS, whether as a result of new information, future events or otherwise, after the date on which the statements are made or to reflect the occurrence of unanticipated events. Article content About Starlight Private Global Real Assets Trust Article content The Starlight Private Global Real Assets Trust 's investment objective is to provide unitholders with stable cash distributions and long-term capital appreciation through exposure to institutional quality real assets in the global real estate and global infrastructure sectors. Article content Starlight Capital is an independent Canadian asset management firm with over $1 billion in assets under management. We manage Global and North American diversified private and public equity investments across traditional and alternative asset classes, including real estate, infrastructure and private equity. Our goal is to deliver superior risk-adjusted, total returns to investors through a disciplined investment approach: Focused Business Investing. Starlight Capital is a wholly-owned subsidiary of Starlight Investments. Starlight Investments is a leading global real estate investment and asset management firm with over 375 employees and $30B in AUM. A privately held owner, developer and asset manager of over 70,000 multi-residential suites and over 7 million square feet of commercial property space. Learn more at and connect with us on LinkedIn at Article content Article content Article content Article content Contacts Article content Dennis Mitchell Article content Article content Chief Executive Officer & Article content Article content Article content 1-416-855-2642 Article content Article content dmitchell@ Article content Graeme Llewellyn Article content Article content Chief Financial Officer & Article content Article content Article content Article content

Starlight Announces Proposed Mergers for Private Pools
Starlight Announces Proposed Mergers for Private Pools

National Post

time15-05-2025

  • Business
  • National Post

Starlight Announces Proposed Mergers for Private Pools

Article content TORONTO — Starlight Investments Capital LP (' Starlight Capital'), on behalf of Starlight Private Global Infrastructure Pool, Starlight Private Global Real Estate Pool and Starlight Global Private Equity Pool (the ' Private Pools '), announced special meetings (the ' Meetings ') of holders of all series of units (' Unitholders ') of the Private Pools to be held concurrently at 11 a.m. (Toronto time) on July 10, 2025 solely as virtual (online) meetings by way of live audio webcast to consider and vote upon the proposed mergers (the ' Mergers ') of each of the Private Pools into Starlight Private Global Real Asset Trust (the ' Trust '). Article content Article content Starlight Capital has determined that the Mergers would be in the best interest of Unitholders, as following the Mergers, the Trust will have an asset base of greater size, which Starlight Capital expects will provide increased portfolio diversification opportunities, lower costs and underlying fees, increased ability to grow at a lower cost of capital, and increased liquidity. Article content Unitholder Meetings Article content In advance of the Meetings, a joint management information circular (the ' Circular ') will be sent on or about June 6, 2025, to Unitholders of record of the Private Pools as at May 29, 2025. The Circular will contain full details about the Transaction (as defined below). The Mergers will be effected on a tax-deferred basis. Article content The Mergers must be approved by a majority of votes cast by Unitholders of each Private Pool present in person or represented by proxy at the Meetings. Article content Concurrently with the Meetings, unitholders of the Trust will also be asked to consider and vote upon the Mergers, as well as certain proposed pre-merger amendments to the Trust, to be described in more detail in the Circular (the ' Pre-Merger Amendments ', and together with the Mergers, the ' Transaction '). Article content Subject to obtaining the required Unitholder approvals, the Mergers are expected to be implemented on or about September 30, 2025. As of the date hereof, purchases and quarterly redemption rights for Unitholders of each Private Pool have been suspended by the Manager pending the Mergers. Following each Merger, Unitholders will have the right to redeem their new units of the Trust pursuant to a special redemption right to be implemented in connection with the Transaction, which will be described in more detail in the Circular. Article content This press release contains 'forward-looking information' within the meaning of applicable Canadian securities legislation. Generally, forward-looking information can be identified by the use of forward-looking terminology such as 'plans', 'expects' or 'does not expect', 'is expected', 'scheduled', 'intends', 'anticipates' or 'does not anticipate', or 'believes', or variations of such words and phrases or statements that certain actions, events or results 'may', 'could', 'would', 'might' or 'will' occur or be achieved. Article content By its nature, forward-looking information is subject to inherent risks and uncertainties that may be general or specific and which give rise to the possibility that expectations, forecasts, predictions, projections or conclusions will not prove to be accurate, that assumptions may not be correct and that objectives, strategic goals and priorities will not be achieved. Known and unknown risk factors, many of which are beyond the control of the Private Pools could cause actual results to differ materially from the forward-looking information in this press release. Accordingly, readers should not place undue reliance on forward-looking information. The Private Pools do not undertake to update or revise any forward- looking information, except in accordance with applicable securities laws. Article content About the Private Pools The Starlight Private Global Infrastructure Pool 's investment objective is to achieve long–term capital appreciation and regular current income by investing globally in private infrastructure and infrastructure-related investments and in publicly-traded companies with direct or indirect exposure to infrastructure. Article content The Starlight Private Global Real Estate Pool 's investment objective is to achieve long–term capital appreciation and regular current income by investing globally in private real estate investments and in public real estate investment trusts and equity securities of corporations participating in the residential and commercial real estate sector. Article content The Starlight Global Private Equity Pool 's investment objective is to achieve long-term capital appreciation by investing in a diversified global portfolio of private equity investments and publicly traded global equity securities. Article content About Starlight Capital and Starlight Investments Starlight Capital is an independent Canadian asset management firm with over $1 billion in assets under management. We manage Global and North American diversified private and public equity investments across traditional and alternative asset classes, including real estate, infrastructure and private equity. Our goal is to deliver superior risk-adjusted, total returns to investors through a disciplined investment approach: Focused Business Investing. Starlight Capital is a wholly-owned subsidiary of Starlight Investments. Starlight Investments is a leading global real estate investment and asset management firm with over 375 employees and $30B in AUM. A privately held owner, developer and asset manager of over 70,000 multi-residential suites and over 7 million square feet of commercial property space. Learn more at or connect with us on LinkedIn. Article content Article content Article content Article content Article content Contacts Article content For further information, contact: Article content Dennis Mitchell Chief Executive Officer & Chief Investment Officer 1-416-855-2642 dmitchell@ Article content Article content

Starlight Announces Proposed Mergers for Private Pools
Starlight Announces Proposed Mergers for Private Pools

Business Wire

time15-05-2025

  • Business
  • Business Wire

Starlight Announces Proposed Mergers for Private Pools

TORONTO--(BUSINESS WIRE)--Starlight Investments Capital LP (" Starlight Capital"), on behalf of Starlight Private Global Infrastructure Pool, Starlight Private Global Real Estate Pool and Starlight Global Private Equity Pool (the ' Private Pools '), announced special meetings (the ' Meetings ') of holders of all series of units (' Unitholders ') of the Private Pools to be held concurrently at 11 a.m. (Toronto time) on July 10, 2025 solely as virtual (online) meetings by way of live audio webcast to consider and vote upon the proposed mergers (the ' Mergers ') of each of the Private Pools into Starlight Private Global Real Asset Trust (the ' Trust '). Starlight Capital has determined that the Mergers would be in the best interest of Unitholders, as following the Mergers, the Trust will have an asset base of greater size, which Starlight Capital expects will provide increased portfolio diversification opportunities, lower costs and underlying fees, increased ability to grow at a lower cost of capital, and increased liquidity. Unitholder Meetings In advance of the Meetings, a joint management information circular (the ' Circular ') will be sent on or about June 6, 2025, to Unitholders of record of the Private Pools as at May 29, 2025. The Circular will contain full details about the Transaction (as defined below). The Mergers will be effected on a tax-deferred basis. The Mergers must be approved by a majority of votes cast by Unitholders of each Private Pool present in person or represented by proxy at the Meetings. Concurrently with the Meetings, unitholders of the Trust will also be asked to consider and vote upon the Mergers, as well as certain proposed pre-merger amendments to the Trust, to be described in more detail in the Circular (the ' Pre-Merger Amendments ', and together with the Mergers, the ' Transaction '). Subject to obtaining the required Unitholder approvals, the Mergers are expected to be implemented on or about September 30, 2025. As of the date hereof, purchases and quarterly redemption rights for Unitholders of each Private Pool have been suspended by the Manager pending the Mergers. Following each Merger, Unitholders will have the right to redeem their new units of the Trust pursuant to a special redemption right to be implemented in connection with the Transaction, which will be described in more detail in the Circular. Forward-looking statements This press release contains 'forward-looking information' within the meaning of applicable Canadian securities legislation. Generally, forward-looking information can be identified by the use of forward-looking terminology such as 'plans', 'expects' or 'does not expect', 'is expected', 'scheduled', 'intends', 'anticipates' or 'does not anticipate', or 'believes', or variations of such words and phrases or statements that certain actions, events or results 'may', 'could', 'would', 'might' or 'will' occur or be achieved. By its nature, forward-looking information is subject to inherent risks and uncertainties that may be general or specific and which give rise to the possibility that expectations, forecasts, predictions, projections or conclusions will not prove to be accurate, that assumptions may not be correct and that objectives, strategic goals and priorities will not be achieved. Known and unknown risk factors, many of which are beyond the control of the Private Pools could cause actual results to differ materially from the forward-looking information in this press release. Accordingly, readers should not place undue reliance on forward-looking information. The Private Pools do not undertake to update or revise any forward- looking information, except in accordance with applicable securities laws. About the Private Pools The Starlight Private Global Infrastructure Pool 's investment objective is to achieve long–term capital appreciation and regular current income by investing globally in private infrastructure and infrastructure-related investments and in publicly-traded companies with direct or indirect exposure to infrastructure. The Starlight Private Global Real Estate Pool 's investment objective is to achieve long–term capital appreciation and regular current income by investing globally in private real estate investments and in public real estate investment trusts and equity securities of corporations participating in the residential and commercial real estate sector. The Starlight Global Private Equity Pool 's investment objective is to achieve long-term capital appreciation by investing in a diversified global portfolio of private equity investments and publicly traded global equity securities. Starlight Capital is an independent Canadian asset management firm with over $1 billion in assets under management. We manage Global and North American diversified private and public equity investments across traditional and alternative asset classes, including real estate, infrastructure and private equity. Our goal is to deliver superior risk-adjusted, total returns to investors through a disciplined investment approach: Focused Business Investing. Starlight Capital is a wholly-owned subsidiary of Starlight Investments. Starlight Investments is a leading global real estate investment and asset management firm with over 375 employees and $30B in AUM. A privately held owner, developer and asset manager of over 70,000 multi-residential suites and over 7 million square feet of commercial property space. Learn more at or connect with us on LinkedIn.

Starlight Announces Proposed Mergers for Private Pools
Starlight Announces Proposed Mergers for Private Pools

Yahoo

time15-05-2025

  • Business
  • Yahoo

Starlight Announces Proposed Mergers for Private Pools

TORONTO, May 15, 2025--(BUSINESS WIRE)--Starlight Investments Capital LP ("Starlight Capital"), on behalf of Starlight Private Global Infrastructure Pool, Starlight Private Global Real Estate Pool and Starlight Global Private Equity Pool (the "Private Pools"), announced special meetings (the "Meetings") of holders of all series of units ("Unitholders") of the Private Pools to be held concurrently at 11 a.m. (Toronto time) on July 10, 2025 solely as virtual (online) meetings by way of live audio webcast to consider and vote upon the proposed mergers (the "Mergers") of each of the Private Pools into Starlight Private Global Real Asset Trust (the "Trust"). Starlight Capital has determined that the Mergers would be in the best interest of Unitholders, as following the Mergers, the Trust will have an asset base of greater size, which Starlight Capital expects will provide increased portfolio diversification opportunities, lower costs and underlying fees, increased ability to grow at a lower cost of capital, and increased liquidity. Unitholder Meetings In advance of the Meetings, a joint management information circular (the "Circular") will be sent on or about June 6, 2025, to Unitholders of record of the Private Pools as at May 29, 2025. The Circular will contain full details about the Transaction (as defined below). The Mergers will be effected on a tax-deferred basis. The Mergers must be approved by a majority of votes cast by Unitholders of each Private Pool present in person or represented by proxy at the Meetings. Concurrently with the Meetings, unitholders of the Trust will also be asked to consider and vote upon the Mergers, as well as certain proposed pre-merger amendments to the Trust, to be described in more detail in the Circular (the "Pre-Merger Amendments", and together with the Mergers, the "Transaction"). Subject to obtaining the required Unitholder approvals, the Mergers are expected to be implemented on or about September 30, 2025. As of the date hereof, purchases and quarterly redemption rights for Unitholders of each Private Pool have been suspended by the Manager pending the Mergers. Following each Merger, Unitholders will have the right to redeem their new units of the Trust pursuant to a special redemption right to be implemented in connection with the Transaction, which will be described in more detail in the Circular. Forward-looking statements This press release contains "forward-looking information" within the meaning of applicable Canadian securities legislation. Generally, forward-looking information can be identified by the use of forward-looking terminology such as "plans", "expects" or "does not expect", "is expected", "scheduled", "intends", "anticipates" or "does not anticipate", or "believes", or variations of such words and phrases or statements that certain actions, events or results "may", "could", "would", "might" or "will" occur or be achieved. By its nature, forward-looking information is subject to inherent risks and uncertainties that may be general or specific and which give rise to the possibility that expectations, forecasts, predictions, projections or conclusions will not prove to be accurate, that assumptions may not be correct and that objectives, strategic goals and priorities will not be achieved. Known and unknown risk factors, many of which are beyond the control of the Private Pools could cause actual results to differ materially from the forward-looking information in this press release. Accordingly, readers should not place undue reliance on forward-looking information. The Private Pools do not undertake to update or revise any forward- looking information, except in accordance with applicable securities laws. About the Private PoolsThe Starlight Private Global Infrastructure Pool's investment objective is to achieve long–term capital appreciation and regular current income by investing globally in private infrastructure and infrastructure-related investments and in publicly-traded companies with direct or indirect exposure to infrastructure. The Starlight Private Global Real Estate Pool's investment objective is to achieve long–term capital appreciation and regular current income by investing globally in private real estate investments and in public real estate investment trusts and equity securities of corporations participating in the residential and commercial real estate sector. The Starlight Global Private Equity Pool's investment objective is to achieve long-term capital appreciation by investing in a diversified global portfolio of private equity investments and publicly traded global equity securities. About Starlight Capital and Starlight InvestmentsStarlight Capital is an independent Canadian asset management firm with over $1 billion in assets under management. We manage Global and North American diversified private and public equity investments across traditional and alternative asset classes, including real estate, infrastructure and private equity. Our goal is to deliver superior risk-adjusted, total returns to investors through a disciplined investment approach: Focused Business Investing. Starlight Capital is a wholly-owned subsidiary of Starlight Investments. Starlight Investments is a leading global real estate investment and asset management firm with over 375 employees and $30B in AUM. A privately held owner, developer and asset manager of over 70,000 multi-residential suites and over 7 million square feet of commercial property space. Learn more at or connect with us on LinkedIn. View source version on Contacts For further information, contact:Dennis Mitchell Chief Executive Officer &Chief Investment Officer1-416-855-2642dmitchell@ Graeme Llewellyn Chief Financial Officer &Chief Operating Officer1-416-855-2643gllewellyn@ Sign in to access your portfolio

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