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.