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BRIEF-Starwood Capital Group confirms sale of its stake in Tri Pointe Group

March 30 Starwood Capital Group:

* Starwood Capital Group confirms sale of its stake in Tri Pointe Group

* Starwood Capital - Barry Sternlicht and Christopher Graham - have resigned from their positions on Tri Pointe board

* Starwood Capital Group - Decision to exit its stake was due to its ongoing disappointment in performance of company over past several years

* Starwood Capital- Decision to exit stake was due to lack of confidence in strategic direction of company

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Further company coverage:

我们的标准: 汤森路透“信任原则

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