TPG to acquire Angelo Gordon, parent of MITT's manager; deal expected Q4 2023

TPG Mortgage Investment Trust, Inc.

TPG agreed to acquire Angelo Gordon, the parent of MITT's external manager; transaction close targeted for Q4 2023.
MITT's investment strategy and team to remain unchanged; no material impact on operations expected.
Closing subject to Hart-Scott-Rodino Act filings, international regulatory approvals, and client/third-party consents.
Management agreement will be assigned; MITT's board (including independent directors) must consent to assignment.
No changes to the management agreement terms resulting from the transaction.

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