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Priority Income Fund Reinstates Quarterly Cash Bonus Distribution

The board of Priority Income Fund Inc., a non-traded closed-end fund, has reinstated the quarterly cash “bonus” distribution for September through November 2020, in...

Primark Registers Closed-End Interval Fund

Primark Capital LLC, an asset management company focused on investing in the lower middle market in private equity, has registered a closed-end interval fund...

Destra Interval Fund Seeks Listing on National Exchange

Destra Multi-Alternative Fund, a closed-end interval fund, plans to hold a special meeting of shareholders to facilitate listing on the New York Stock Exchange...

NexPoint Expands Sales Team with Latest Hires

NexPoint, an alternative investment platform and sponsor, has hired David Bulger as regional sales director for Florida and Georgia in a move to expand...

CIM Launches $1 Billion Interval Fund

CIM Group has launched CIM Real Assets & Credit Fund, a new closed-end interval fund that seeks to raise up to $1 billion to...

SEC Adopts Offering Reforms for BDCs and Registered Closed-End Funds

The SEC has voted to adopt rule amendments to allow business development companies and registered closed-end funds to use the registration, offering, and communications...

FS Energy and Power Fund Suspends Share Repurchase Program and Distributions

The board of FS Energy and Power Fund, a non-traded business development company that invests in energy companies, decided to terminate the company’s quarterly...

SEC Proposes Rule Changes to Expand Private Placements

The Securities and Exchange Commission has voted to propose a set of amendments that it claims will simplify and improve private securities offerings in...

Priority Income Fund Selects Dealer-Manager for Follow-On Offering

Priority Income Fund Inc., a non-traded closed-end fund, has named Preferred Capital Securities LLC, a broker dealer and wholesale distributor, to serve as the...

The DI Wire Q&A with Tony Chereso, President and CEO of...

IPAVision 2019 is coming September 23-25 in Toronto. What are some key industry themes that will be highlighted at this year's event? The alternatives future....