The Brick Group Income Fund (the Fund) is an open-ended, limited purpose trust. The Brick Group Income Fund was created to invest in the retail furniture, mattress, appliance, and electronics industry initially through the indirect acquisition of the limited partnership units of The Brick Warehouse LP (the Brick LP). The Brick LP owns among other things, 100% of the outstanding limited partnership units of United Furniture Warehouse LP (United Furniture) and all of the outstanding shares of First Oceans Trading Corporation. United Furniture owns Trans Global Warranty Corp. and its subsidiaries Trans Global Insurance Company and Trans Global Life Insurance Company. It operates in two segments: retail and financial services. The Company offers holders of the Brick and United Furniture credit cards, credit insurance on their Brick Card balances with coverage that includes life, dismemberment, disability, critical illness, involuntary unemployment, property, and family leave of absence.
(Source: ARS)
