Value Capital Trust announced that it has completed the reverse take-over of the privately held AIP Yield Fund, LP. In accordance with the terms of the Transaction, AIP Yield Fund GP ULC, the general partner of Former AIP amalgamated with a wholly-owned subsidiary of the Trust, 1345492 B.C. Unlimited Liability Company, pursuant to the terms of a definitive agreement among the Trust, Former AIP, AIP Yield Fund GP Inc., and Subco (the "Definitive Agreement"). The Trust also changed its name to "AIP Realty Trust" (the "Name Change"). Following completion of the Transaction, the Board of Trustees of the Trust will be comprised of: Greg Vorwaller,
Bruce Hall, Leslie Wulf, Nathan Smith, Samantha Adams, Brian Shibley, Dave Richardson, Heather Barnhouse and Kobi Dorenbush, Greg Vorwaller will serve as President, Bruce Hall will serve as Secretary and Leslie Wulf will serve as Executive Chairman and Chief Capital Officer.