The Magenta Capital Corporation consists of the following legal entities:
Mortgage Investment Corporations:
Magenta Mortgage Investment Corporation (“MMIC”)
MMIC was the first MIC formed in the Magenta Mortgage Group, formed in 1994. In more than 20 intervening years its assets have grown to over $113 million. MMIC Class A shares are closed to new investment other than by existing shareholders.
Magenta Mortgage II Investment Corporation (“MMIC II”)
MMIC II was formed in 2003. Since this time, MMIC II has grown its assets to over $59 million. Magenta II is closed to new investment other than by existing shareholders.
Magenta Mortgage III Investment Corporation (“MMIC III”)
MMIC III commenced operations for Fiscal 2012. Assets within MMIC III have grown to over $80 million. Preferred Shares in MMIC III are available for subscription.
Magenta Capital Corporation
Magenta Capital Corporation (MCC) has one of Canada’s longest records of providing oversight (Incorporated in 1994) to Mortgage Investment Corporations (MICs). It also oversees one of the largest private MIC portfolios with current mortgage assets under administration exceeding $250 million. MCC has a 20-year track record generating of superior returns for the shareholders of Magenta Group MICs. MCC exercises oversight responsibility for the Magenta Group MICs in its capacity as General Partner of three limited partnerships, each of which is wholly owned by one of the MICs.
- Investment returns will fluctuate and are not guaranteed.
- Historic returns are not an indication of future earnings.
- The information in this website does not constitute an offer to sell or a solicitation to invest in Magenta.
Magenta advises potential investors to read all informational material carefully before investing.