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John Carswell and Lysander Funds Expand Holdings in Canso Credit Income Fund

Recent acquisitions increase their combined control to nearly 36% of outstanding Class A Units.

  • John Carswell's indirect ownership in Canso Credit Income Fund rose by 408,655 Class A Units.
  • Lysander Funds Limited acquired 692,518 Class A Units, boosting its stake significantly.
  • Carswell now controls approximately 16.07% of the Class A Units, while Lysander holds 19.89%.
  • Both parties aim to keep the units in circulation rather than redeem them.
  • Early warning reports have been filed with Canadian securities regulators.
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