RoundPoint Capital Group was formed in 2008 and transitioned to 25 Capital in 2011.

• January 2008 – RoundPoint Capital Group was formed to manage a portfolio of $314 million in residential and commercial mortgages*.

• April 2010 – RoundPoint Capital Group participated in the acquisition of the Multibank 2010-SFR1 transaction from the FDIC.  Portfolio under management increased by $491 million*.

• November 2010 – RoundPoint Capital Group participated in the acquisition of the Multibank 2010-SFR3 transaction from the FDIC.  Portfolio under management increased by $603 million*.

• April 2011 – Employees from RoundPoint Capital Group transitioned to and launched 25 Capital.

* Portfolio value shown at acquisition.  Value does not indicate current assets under management.