Starlight Private Global Real Assets Trust Reports Third Quarter 2022 Results

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TORONTO, November 11, 2022 /CNW/ – Starlight Investments Capital LP (“star capital“), on behalf of Starlight Private Global Real Assets Trust (the “Trust“) today announced the Trust’s financial results for the three and nine months ended September 30, 2022.

Q3 2022 HIGHLIGHTS

Portfolio investments

Like a September 30, 2022 (“Q3 2022“), the Trust had an investment of $6,716,199 (December 31, 2021$9,441,381) in Starlight Global Real Estate LP and Starlight Global Infrastructure LP (the “Public portfolio“) and $34,348,682 in six private portfolio investments (December 31, 2021$24,461,023 in four investments) (the “Private Wallet“, and collectively the “Wallet“). The public portfolio had 71 investments with an effective market value of $5,825,607 in publicly traded global real estate and infrastructure securities.

The Public Portfolio investment portfolio remains liquid and the Trust does not anticipate any problems with its ability to meet the liquidity needs of the Public Portfolio Limited Partnerships or the Trust.

Distributions

Like a September 30, 2022the Trust declared three distributions of $0.4086 per Series A unit, three distributions of $0.4095 per Series F unit and three distributions of 0.4143 per Series I unit.

Quarterly redemption of shares

On September 30, 2022102,207 Series F Units were redeemed under the Quarterly Redemption with a Net Asset Value (“NAV“) of $12.68336 for a total product of $1,296,328.

FINANCIAL AND OPERATIONAL HIGHLIGHTS


Like a
S
September 30, 2022

Like a

December 31, 2021

Current assets

$41,451,290

$37,341,842

Current liabilities

1,852,828

93 159

Net assets attributable to holders of redeemable units by series



A-Series

27,895

24,928

F-Series

39,569,316

37,222,695

I-series

1,251

1,060


$39,598,462

$37,248,683

FINANCIAL PERFORMANCE ANALYSIS

The financial performance and results of operations of the Trust for the three months ended September 30, 2022 and 2021 are summarized below:


Three months completed

September 30, 2022

Three months completed

September 30, 2021

Investment gain (loss)

$3,859,964

$1,782,841

Expenses

(192,278)

(202,693)

Net investment income (loss)

3,667,686

1,580,148

Increase/(decrease) in net assets attributable to equity holders
redeemable units

$3,667,686

$1,580,148

Forward-looking statements

Certain statements in this press release are forward-looking and involve a number of risks and uncertainties, including statements regarding the outlook for the Trust’s business and results of operations. Forward-looking statements (“FLS”) are provided for the purpose of assisting the reader to understand the financial performance, financial condition and cash flows of the Trust as of certain dates and for the periods ending on certain dates and to present information on management’s current expectations and plans. relating to the future. Readers are cautioned that 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 the risk that expectations, forecasts, predictions, projections or conclusions will not prove to be correct, that assumptions will not be correct and that objectives, strategic goals and priorities may not be achieved. FLS are statements that are predictive in nature, depend on or refer to future events or conditions, or include words such as “may”, “will”, “should”, “could”, “expect “, “anticipates”, “intends”, “plans”, “believes” or “estimates”, or other similar expressions. Statements that look ahead in time or that include anything other than historical information are subject subject to risks and uncertainties, and actual results, actions or events may differ materially from those set forth in the FLS FLS are not guarantees of future performance and are inherently based on numerous assumptions.

The information contained in FLS is based on certain important 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, and other considerations. deemed appropriate in the circumstances. Although the FLS contained herein are based on what Starlight Capital considers to be reasonable assumptions, Starlight Capital cannot be sure that actual results will conform to these FLS. The reader is urged to review the FLS carefully and not place undue reliance on the FLS.

Forward-looking statements relate only to events or information as of the date the statements are made in this press release. Except as required by applicable law, it is not undertaken, and specifically denied that there is any intention or obligation to update or revise FLS, whether as a result of new information, events future or otherwise, after the date on which the statements are made or to reflect the occurrence of unforeseen events.

About Starlight Private Global Real Assets Trust

The Trust’s investment objective is to provide Unitholders with stable cash distributions and long-term capital appreciation through exposure to institutional-grade real estate assets in the global real estate and infrastructure sectors. world.

The Trust’s unaudited condensed interim financial statements, accompanying notes and MD&A for the three and nine month periods ended September 30, 2022can be viewed on the Starlight Capital website at www.starlightcapital.com Where www.sedar.com.

About Starlight Capital and Starlight Investments

Starlight Capital is an independent asset management firm offering mutual funds, exchange-traded funds, memory funds and structured products. Our goal is to provide investors with superior risk-adjusted returns through a disciplined investment approach, business-focused investing. Starlight Capital is a wholly owned subsidiary of Starlight Investments. Starlight Investments is a private, full-service, multi-family, commercial real estate investment and asset management company. The company manages more $25.0 billion direct real estate as well as real estate investment securities on behalf of institutional joint ventures as well as publicly traded REITs, closed-end funds and investment funds, and is led by an experienced team of more than 360 professionals. Please visit us at www.starlightcapital.com and join us on LinkedIn.

SOURCE Starlight Private Global Real Assets Trust

For further information: Dennis Mitchell, CEO and Chief Investment Officer, 416-855-2642, [email protected]; Graeme Llewellyn, CFO and COO, 1-416-855-2643, [email protected]

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