CION Investments Declares Special Distribution to Stockholders

CION Investments, a manager and distributor of alternative investments, announced a year-end special cash distribution of $0.27 per share, payable on Jan. 31, 2023, to shareholders of record as of Dec. 30, 2022.

As The DI Wire previously reported in December 2021, CION Investments formed a joint venture partnership with Man Group, a global asset manager with $139.5 billion in assets under management.

CION currently manages CION Investment Corporation (NYSE: CION), a recently listed business development company with approximately $1.9 billion in assets under management and sponsors, through CION Ares Management, CION Ares Diversified Credit Fund, a credit interval fund with approximately $3.4 billion in total managed assets.

Click here to visit The DI Wire directory page.