TPG RE Finance Trust, Inc. Appoints Todd S. Schuster to the Board
July 14, 2020 at 02:05 am IST
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On July 13, 2020, the board of directors of TPG RE Finance Trust, Inc., increased the size of the Board from seven directors to eight directors and appointed Todd S. Schuster to fill the vacancy resulting from the increase in the size of the Board. PE Holder, L.L.C., designated Mr. Schuster for appointment to the Board subject to the terms and conditions set forth in the Investment Agreement, dated as of May 28, 2020, by and between the Company and PE Holder. Mr. Schuster will serve on the Board's compensation committee.
TPG RE Finance Trust, Inc. is a commercial real estate finance company that originates, acquires, and manages primarily first mortgage loans secured by institutional properties located in primary and select secondary markets in the United States. It is externally managed by TPG RE Finance Trust Management, L.P., a part of TPG Real Estate. The Company conduct its operations primarily through its wholly owned subsidiary, TPG RE Finance Trust Holdco, LLC. Its principal business activity is to directly originate and acquire a diversified portfolio of commercial real estate related assets, consisting primarily of first mortgage loans and senior participation interests in first mortgage loans secured by institutional-quality properties in primary and select secondary markets in the United States. It invests primarily in commercial mortgage loans and other commercial real estate-related debt instruments. The Company's portfolio consists approximately 53 loans, which are held for investment.
TPG RE FINANCE TRUST, INC. 
