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CION Ares Diversified Credit Fund Increases Investor Distributions

CION Ares Diversified Credit Fund announced an increase to its monthly investor distribution rates, effective Oct. 1, 2022.The fund documents distributions from net investment...

CION Ares Interval Fund Reports Record Quarterly Raise and Managed Assets...

CION Ares Diversified Credit Fund, a closed-end interval fund, raised a record $390 million during the first quarter of 2022, bringing its total managed...

CION Interval Fund Reports Highest Quarterly Capital Raise

CION Ares Diversified Credit Fund, a credit interval fund, has reported its highest quarterly capital raise since inception during the second quarter of 2021.As...

CION Ares Interval Fund Shareholders to Vote on Incentive Fee Calculation...

Shareholders of CION Ares Diversified Credit Fund, a daily-NAV interval fund, will soon vote on a proposal to amend the company's advisory agreement with...

CION Ares Interval Fund Reduces Fees

CION Ares Diversified Credit Fund, a closed-end interval fund, has reduced the incentive fee and management fee paid to its advisor CION Ares Management...

Summit: Non-Traded BDCs Raise $112 Million During First Quarter of 2018

Non-traded business development companies had a record low raise with $112 million during the first quarter of 2018, which is on pace for a...

Summit: Non-Traded BDC Fundraising Declined 58% in 2017

 Non-traded business development companies posted another fundraising decline in 2017 with $840 million equity raised, a 58 percent decline from $1.9 billion in 2016,...