BRIEF-Purpose investments- co and redwood possession management went into definitive arrangement pursuant to which co will acquire all exceptional shares of redwood

Purpose Investments Inc * Function Investments and Redwood Asset Management got in
conclusive agreement pursuant to which business will acquire all
impressive shares of Redwood

* Transaction is prepared for to include Redwood’s $320 million
in Assets Under Management (AUM) to function’s company

* Redwood will continue to operate as a separate entity
under its own brand name

* Redwood’s current management team with Peter Shippen,
president and CEO at Redwood will continue to lead company

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