Who We Are
Our strategy is adaptable to changing market environments, subject to compliance with the income and other tests that we must satisfy to qualify as a REIT and maintain our exclusion from regulation as an investment company under the Investment Company Act of 1940, as amended, or the Investment Company Act. As a result, although we intend initially to focus on the acquisition and management of Excess MSR assets on an unleveraged basis and Agency RMBS on a leveraged basis, our acquisition and management decisions will depend on prevailing market conditions and our targeted asset classes may vary over time in response to market conditions.
Our Corporate Structure
PARTNER INVESTOR CORPORATION has elected to be taxed as a real estate investment trust, or REIT, for federal income tax purposes. We generally are not subject to federal taxes on our taxable income to the extent that we annually distribute all of our taxable income to stockholders and maintain our intended qualification as a REIT.
Our Manager
PARTNER INVESTOR CORPORATION is externally managed and advised by Cherry Hill Mortgage Management, LLC (our "Manager" or "PIC"). PARTNER INVESTOR CORPORATION is responsible for our investment strategies and decisions and our day-to-day operations, subject to the supervision and oversight of our board of directors. Our Manager has established an Investment Committee that will advise and consult with our board of directors with respect to, among other things, our investment policies, portfolio holdings, financing and hedging strategies and investment guidelines.