Lone Star Residential Mortgage Fund II, L.P. (“Lone Star Residential Mortgage Fund II”), formed in March 2019, held its final closing in April 2019 with approximately $761 million in capital commitments. Lone Star Residential Mortgage Fund II had a broader mandate than Lone Star Residential Mortgage Fund I. Over its 38 month investment period, Lone Star Residential Mortgage Fund II invested its equity capital in 11 investments comprised of 18,766 assets with an aggregate purchase price of approximately $7.9 billion. Transactions consummated by Lone Star Residential Mortgage Fund II include investments in newly originated performing U.S. single family residential mortgage loans and low LTV non-performing loans backed by U.S. residential collateral and re-performing and sub-performing loans backed by U.S. residential collateral.