Chimera Investment Corporation · NYSE:CIM
Chimera Investment — Merger or Acquisition (October 2024)
6 slides from Chimera Investment's merger presentation, Oct 17, 2024
Slide 1: Chimera Investment Corporation to Acquire Palisades Group
Chimera Investment Corporation to Acquire Palisades Group October 17th, 2024 Information is unaudited, estimated and subject to change.
Slide 2: Disclaimer
DISCLAIMER This presentation includes “forward-looking statements” within the meaning of the safe harbor provisions of the United States Private Securities Litigation Reform Act of 1995, including as related to the expected timing of the closing of Chimera’s acquisition of the Palisades Group and th
Slide 3: Acquisition Details
ACQUISITION DETAILS ▪ Chimera is acquiring The Palisades Group and certain of its subsidiaries (“Palisades”). Overview ▪ Palisades is a fee-based manager and investor in residential real estate assets across a broad spectrum of credit products. ▪ Consideration for this acquisition is approximately $
Slide 4: Strategic Rationale & Benefits to Chimera's Shareholders
STRATEGIC RATIONALE & BENEFITS TO CHIMERA’S SHAREHOLDERS We expect Palisades’ expertise will enhance Chimera’s investment performance, increase our operational scale, improve upon existing technologies, and create a diversified source of revenue for shareholders. Attractive ▪ Diversifies Chimera’s i
Slide 5: Palisades Overview
PALISADES OVERVIEW Palisades Group, founded in 2012 and based in Austin, Texas, has two primary business lines with expertise in a variety of residential credit products. Palisades Business Units Integrating With Chimera Customized Solutions Investment Advisory Offers institutional investors and ins
Slide 6: Information is unaudited, estimated and subject to change.
Information is unaudited, estimated and subject to change.
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