XAI Octagon Floating Rate & Alternative Income Trust has filed a notice of a Private Investment in Public Equity (PIPE) offering of securities to raise $25,000,000.00 in New Funding.
According to filings with the U.S. Securities and Exchange Commission, XAI Octagon Floating Rate & Alternative Income Trust is raising $25,000,000.00 in new funding. About XAI Octagon Floating Rate & Alternative Income Trust: At XA Investments, we are not innovating simply to be different; we’re innovating to be better. We’re transforming the way financial advisors and their clients access alternatives by building better products with better portfolio outcomes. XA Investments LLC (XAI) is a Chicago-based investment manager founded by XMS Capital Partners in April 2016 to pursue a single goal: provide investors with access to institutional-caliber alternative investments. XAI has approximately $428 million in assets under management as of June 30,2023. In offering quality alternatives that were previously inaccessible to the individual investor community, XAI not only challenges common views about liquidity, but allows individuals to better align themselves with the institutional approach to investing. As Collateralized Loan Obligation (CLO) investors, Octagon evaluates how a given CLOs portfolio, structure and manager might affect the risk and value of a given CLO investment. Such judgments rely heavily on Octagons experience and skill in synthesizing information into an investment thesis that can withstand the scrutiny of its investment committee. Octagons dual role as both a manager and investor in CLOs adds depth of perspective that few firms can match.
To learn more about XAI Octagon Floating Rate & Alternative Income Trust, visit http://xainvestments.com/
Contact:
Benjamin Mcculloch, Chief Legal Officer
312-374-6930
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