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Mortgage REIT Sutherland Asset Management files for an IPO

May 21, 2009
SLD

Sutherland Asset Management, a newly organized REIT that will invest in agency MBS and highly rated non-agency securities, filed with the SEC for an IPO on Thursday. UBS Investment Bank and Keefe, Bruyette & Woods are set to be the lead underwriters on the deal. No terms were announced in the initial filing.