XAI Octagon Floating Rate & Alternative Income Term Trust (XFLT) Prices Initial Public Offering
New York, NY - Octagon is the investment sub-adviser to XAI Octagon Floating Rate & Alternative Income Term Trust (XFLT), a NYSE-listed, registered closed-end fund designed for investors seeking attractive total return with an emphasis on income generation through investments in CLO debt and CLO equity securities, senior secured loans, and opportunistic credit. For additional information about XFLT, please contact XA Investments LLC or your financial advisor. Securities are not being offered by Octagon or Conning Investment Products.
Doug McDermott to Join Octagon Credit Investors
New York, NY – Octagon Credit Investors, LLC is pleased to announce that effective May 31, 2016, Doug McDermott will join the firm as a Managing Director of Business Development. In this capacity, Mr. McDermott will be responsible for sourcing and cultivating new business opportunities in partnership with John Dudzik (Managing Director, Business & Product Development) and George Duarte (Managing Director, Business Development).
Conning Completes Octagon Acquisition
Hartford, CT & New York, NY – Conning, a premier global investment management firm, today announced that it has completed the previously-announced acquisition of Octagon Credit Investors, LLC (“Octagon”), a U.S.-based investment manager with expertise in collateralized loan obligations (CLOs), bank loans and high yield bonds.
Conning To Acquire Octagon Credit Investors
HARTFORD, CT & NEW YORK, NY – Conning, a leading global insurance asset management firm today announced that it has reached a definitive agreement to acquire Octagon Credit Investors, LLC (“Octagon”), a U.S.–based manager of specialized credit asset classes with expertise in collateralized loan obligations (CLOs), bank loans and high yield bonds.