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Tricon Capital Group Inc.

11:54 AM EST - Tricon Capital Group Inc. : announced an additional closing of $135 million U.S. for its most recent U.S. distressed residential real estate fund Tricon XI, L.P., increasing the Fund size to approximately $260 million U.S. This closing combined with the recently announced separate account has increased Tricon's assets under management to more than $1.5 billion, representing a 35% increase in AUM from December 31, 2012. Tricon Capital Group Inc.
shares T.TCN are trading up $0.07 at $6.81.