Tag: Priority Income Fund
Priority Income Fund Inc. Revises Liquidity Strategy
Priority Income Fund, a non-traded closed-end fund, recently filed a prospectus supplement which alters certain language regarding the fund’s anticipated liquidity strategy.
The fund’s prospectus previously noted “we intend to...
Priority Income Fund Joins Schwab Alternative Investment OneSource Platform
Priority Income Fund Inc., a non-traded closed-end fund, reported that the fund is now available to registered investment advisers on the Schwab Alternative Investment...
Priority Income Fund Extends Offering
The board of Priority Income Fund Inc., a non-traded closed-end fund, has extended its offering, citing the widespread impact of COVID-19 on the economy...
Priority Income Fund Declares New NAV Per Share
Priority Income Fund Inc., a non-traded closed-end fund, has declared a monthly net asset value per share of $11.17, as of November 30, 2020,...
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...
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...
Priority Income Fund Completes Merger with Stira Alcentra Global Credit Fund
Priority Income Fund Inc., a non-traded, closed-end fund, has completed its merger with Stira Alcentra Global Credit Fund (SAGC), a closed-end fund formerly known...
Stira Alcentra Global Credit Fund Shareholders Approve Merger with Priority Income...
Shareholders of Stira Alcentra Global Credit Fund, a closed-end fund formerly known as Steadfast Alcentra Global Credit Fund, have approved the merger with Priority...
Priority Income Fund Launches AA- Rated Preferred Stock Program
Priority Income Fund Inc., a registered closed-end fund, plans to expand its cumulative mandatory redeemable term preferred stock issuance through a new investment program.
Incapital...
Stira Alcentra Global Credit Fund Schedules Shareholder Vote for Priority Income...
Stira Alcentra Global Credit Fund, a closed-end fund formerly known as Steadfast Alcentra Global Credit Fund, has scheduled its special meeting where shareholders will...
Stira Alcentra Global Credit Fund and Priority Income Fund Agree to...
Stira Alcentra Global Credit Fund (SAGC), a closed-end fund formerly known as Steadfast Alcentra Global Credit Fund, has agreed to merge with Priority Income...
Priority Income Fund Launches Preferred Stock Offering
Priority Income Fund Inc., a registered closed-end fund, is offering up to $22.5 million in shares of its 6.25% Series B Term Preferred Stock...
Artivest Hires Kamal Jafarnia as General Counsel and Chief Compliance Officer
Artivest, an alternative investment technology firm, has hired 25-year industry veteran Kamal Jafarnia as general counsel and chief compliance officer. Jafarnia has advised numerous...
Priority Income Fund Launches Preferred Stock Offering
Priority Income Fund Inc., a registered closed-end fund, plans to offer shares of its Series A Term Preferred Stock due 2025 in an underwritten...
Provasi Reverses Course and Rescinds Termination of Priority Income Fund Dealer...
Just two months after its apparent death knell, Provasi Capital Partners appears to be rising from the grave.
Provasi Capital Partners LP, the dealer manager...
Provasi Cancels Dealer Manager Agreements in Wake of Company Shut-Down
Provasi Capital Partners LP, the dealer manager for Pathway Capital Opportunity Fund and Priority Income Fund, has terminated its dealer manager agreements with both...
Provasi Shuts Down
Provasi Capital Partners LP has pulled the plug on distributing its products, according to sources close to the matter. The company’s offerings include the...
Provasi Adds Five New Hires to Sales and National Accounts Teams
Provasi Capital Partners LP has added five new employees to the company’s national accounts and distribution teams, including Warren Posner, Jay Sluis, Matt King,...
Former Realty Capital Securities and WP Carey Exec Joins Provasi Capital...
Provasi Capital Partners LP has hired Kamal Jafarnia as managing director of legal and business development. He will also serve as deputy general counsel...
