Fund Name: | Direct Lending Income Fund |
Adviser: | Direct Lending Income Fund Advisors LLC |
Sub-Adviser(s): | None |
Fees: | 1% Management Fee |
Open- or Closed-End: | Closed-End (Quarterly repurchase) |
Investor Restrictions: | $25,000 minimum initial investment; $5,000 minimum subsequent investment |
Filing Date: | Dec. 31, 2015 |
Effective Date: | Pending |
Fund Name: | Stone Ridge Trust V |
Adviser: | Stone Ridge Asset Management LLC |
Sub-Adviser(s): | None |
Fees: | Not specified |
Open- or Closed-End: | Closed-End (Quarterly repurchase) |
Investor Restrictions: | $15 million minimum initial investment for institutional investors and their clients; No minimum for other client groups |
Filing Date: | Dec. 11, 2015 |
Effective Date: | Pending |
Fund Name: | Sound Point Alternative Income Fund |
Adviser: | Sound Point Capital Management LP |
Sub-Adviser(s): | None |
Fees: | Not specified |
Open- or Closed-End: | Closed-End |
Investor Restrictions: | None specified |
Filing Date: | Dec. 11, 2015 |
Effective Date: | Pending |
Fund Name: | NorthStar Global Corporate Income Master Fund |
Adviser: | NSAM B-CEF Ltd. |
Sub-Adviser(s): | OZ Institutional Credit Management LP |
Fees: | 2% Management Fee |
Open- or Closed-End: | Closed-End (Quarterly repurchase; Master fund) |
Investor Restrictions: | Accredited investor |
Filing Date: | Dec. 7, 2015 |
Effective Date: | Pending |
Fund Name: | NorthStar Global Corporate Income Fund-T |
Adviser: | NSAM B-CEF Ltd. |
Sub-Adviser(s): | OZ Institutional Credit Management LP |
Fees: | Master fund pays 2% management fee |
Open- or Closed-End: | Closed-End (Quarterly repurchase; Feeder fund) |
Investor Restrictions: | $4,000 minimum initial investment; $500 minimum subsequent investment |
Filing Date: | Nov. 25, 2015 |
Effective Date: | Pending |
Fund Name: | NB Crossroads Private Markets Fund IV |
Adviser: | Neuberger Berman Management LLC |
Sub-Adviser(s): | NB Alternatives Advisers LLC |
Fees: | Master fund pays 0.10% during the first 12 months following the fund's commencement of operations; 0.55% beginning in year two through the end of year eight from the commencement of operations; and 0.30% for the remaining life of the fund based on the investor's total commitments. |
Open- or Closed-End: | Closed-End (Feeder fund) |
Investor Restrictions: | Accredited investors and qualified clients |
Filing Date: | Nov. 19, 2015 |
Effective Date: | Pending |
Fund Name: | GuideMark Alternative Lending Income Fund |
Adviser: | AssetMark Inc. |
Sub-Adviser(s): | Not specified |
Fees: | Not specified |
Open- or Closed-End: | Closed-End (Quarterly repurchase) |
Investor Restrictions: | None specified |
Filing Date: | Nov. 13, 2015 |
Effective Date: | Pending |
Fund Name: | Elkhorn Dorsey Wright Tactical Equity Income Fund |
Adviser: | Elkhorn Investments LLC |
Sub-Adviser(s): | Dorsey Wright and Associates Inc. |
Fees: | Not specified |
Open- or Closed-End: | Closed-End |
Investor Restrictions: | Minimum investment of 100 common shares |
Filing Date: | Oct. 30, 2015 |
Effective Date: | Pending |
Fund Name: | Castlemaine Emerging Markets Opportunities Fund |
Adviser: | Castlemaine LLC |
Sub-Adviser(s): | None |
Fees: | 1.24% Management Fee |
Open- or Closed-End: | Open-End (Mutual fund) |
Investor Restrictions: | $1 million minimum initial investment |
Filing Date: | Oct. 13, 2015 |
Effective Date: | Pending |
Fund Name: | Castlemaine Event Driven Fund |
Adviser: | Castlemaine LLC |
Sub-Adviser(s): | None |
Fees: | 1.24% Management Fee |
Open- or Closed-End: | Open-End (Mutual fund) |
Investor Restrictions: | $1 million minimum initial investment |
Filing Date: | Oct. 13, 2015 |
Effective Date: | Pending |
Fund Name: | Castlemaine Long/Short Fund |
Adviser: | Castlemaine LLC |
Sub-Adviser(s): | None |
Fees: | 1.24% Management Fee |
Open- or Closed-End: | Open-End (Mutual fund) |
Investor Restrictions: | $1 million minimum initial investment |
Filing Date: | Oct. 13, 2015 |
Effective Date: | Pending |
Fund Name: | Castlemaine Market Neutral Fund |
Adviser: | Castlemaine LLC |
Sub-Adviser(s): | None |
Fees: | 1.24% Management Fee |
Open- or Closed-End: | Open-End (Mutual fund) |
Investor Restrictions: | $1 million minimum initial investment |
Filing Date: | Oct. 13, 2015 |
Effective Date: | Pending |
Fund Name: | Castlemaine Multi-Strategy Fund |
Adviser: | Castlemaine LLC |
Sub-Adviser(s): | None |
Fees: | 1.24% Management Fee |
Open- or Closed-End: | Open-End (Mutual fund) |
Investor Restrictions: | $1 million minimum initial investment |
Filing Date: | Oct. 13, 2015 |
Effective Date: | Pending |
Fund Name: | Catalyst Hedged Commodity Strategy Fund |
Adviser: | Catalyst Capital Advisors LLC |
Sub-Adviser(s): | None |
Fees: | 1.75% management fee |
Open- or Closed-End: | Open-end (mutual fund) |
Investor Restrictions: | $2,500 minimum initial investment, $100 minimum subsequent investment |
Filing Date: | May 5, 2015 |
Effective Date: | Aug. 14, 2015 |
Fund Name: | Catalyst IPOx Allocation Fund |
Adviser: | Catalyst Capital Advisors LLC |
Sub-Adviser(s): | None |
Fees: | 1.50% management fee |
Open- or Closed-End: | Open-end (mutual fund) |
Investor Restrictions: | $2,500 minimum initial investment, $100 minimum subsequent investment |
Filing Date: | May 5, 2015 |
Effective Date: | Aug. 14, 2015 |
Fund Name: | Palmer Square Strategic Finance Fund |
Adviser: | Palmer Square Capital Management LLC |
Sub-Adviser(s): | None |
Fees: | Not Specified |
Open- or Closed-End: | Closed-End (Quarterly repurchase) |
Investor Restrictions: | $5 million minimum initial investment; $2,500 minimum subsequent investment |
Filing Date: | Sept. 21, 2015 |
Effective Date: | Pending |
Fund Name: | Total Income+ Mortgage Fund |
Adviser: | Bluerock Fund Advisor LLC |
Sub-Adviser(s): | None |
Fees: | 1.5% Management Fee |
Open- or Closed-End: | Closed-End (Quarterly repurchase) |
Investor Restrictions: | $1 million minimum initial investment (Class I); $2,500 minimum initial investment for regular accounts; $1,000 minimum initial investment for retirement plan accounts (Class A and C) |
Filing Date: | Sept. 17, 2015 |
Effective Date: | Pending |
Fund Name: | Cushing MLP Infrastructure Fund II |
Adviser: | Cushing Asset Management LP |
Sub-Adviser(s): | None |
Fees: | 1% Management Fee |
Open- or Closed-End: | Closed-End (Quarterly repurchase; Feeder fund) |
Investor Restrictions: | Accredited investors |
Filing Date: | Sept. 1, 2015 |
Effective Date: | Pending |
Fund Name: | CPG York Event Driven Strategies |
Adviser: | Central Park Advisers LLC |
Sub-Adviser(s): | None |
Fees: | 0.65% Management Fee |
Open- or Closed-End: | Closed-End (Quarterly repurchase) |
Investor Restrictions: | Accredited investors |
Filing Date: | Aug. 10, 2015 |
Effective Date: | Pending |
Fund Name: | Series Portfolio Trust |
Adviser: | Weiss Multi-Strategy Advisers LLC |
Sub-Adviser(s): | None |
Fees: | 1.6% Management Fee |
Open- or Closed-End: | Open-End (Mutual fund) |
Investor Restrictions: | $250,000 minimum initial investment (Class I); $2 million minimum initial investment (Class K) |
Filing Date: | Aug. 7, 2015 |
Effective Date: | Pending |
Fund Name: | Ivy Apollo Strategic Income Fund |
Adviser: | Ivy Investment Management Company |
Sub-Adviser(s): | Apollo Credit Management LLC |
Fees: | 0.68% of net assets up to $1 billion; 0.62% of net assets over $1 billion and up to $2 billion; 0.58% of net assets over $2 billion and up to $3 billion; and 0.57% of net assets over $3 billion. |
Open- or Closed-End: | Open-End (Mutual fund) |
Investor Restrictions: | $750 minimum initial investment. |
Filing Date: | Sept. 30, 2015 |
Effective Date: | Oct. 1, 2015 |
Fund Name: | Ivy Apollo Multi-Asset Income Fund |
Adviser: | Ivy Investment Management Company |
Sub-Adviser(s): | Apollo Credit Management LLC |
Fees: | 0.70% of net assets up to $1 billion; 0.65% of net assets over $1 billion and up to $2 billion; 0.61% of net assets over $2 billion and up to $3 billion; and 0.58% of net assets over $3 billion. |
Open- or Closed-End: | Open-End (Mutual fund) |
Investor Restrictions: | $750 minimum initial investment. |
Filing Date: | Sept. 30, 2015 |
Effective Date: | Oct. 1, 2015 |
Fund Name: | TCW/Carlyle Liquid Tactical Fund |
Adviser: | TCW Investment Management Company |
Sub-Adviser(s): | Carlyle Liquid Market Solutions |
Fees: | Not Specified |
Open- or Closed-End: | Open-End (Mutual fund) |
Investor Restrictions: | None |
Filing Date: | July 16, 2015 |
Effective Date: | Sept. 29, 2015 |
Fund Name: | TCW/Carlyle Trend Following Fund |
Adviser: | TCW Investment Management Company |
Sub-Adviser(s): | Carlyle Liquid Market Solutions |
Fees: | Not Specified |
Open- or Closed-End: | Open-End (Mutual fund) |
Investor Restrictions: | None |
Filing Date: | July 16, 2015 |
Effective Date: | Sept. 29, 2015 |
Fund Name: | TCW/Carlyle Absolute Return Fund |
Adviser: | TCW Investment Management Company |
Sub-Adviser(s): | Carlyle Liquid Market Solutions |
Fees: | Not Specified |
Open- or Closed-End: | Open-End (Mutual fund) |
Investor Restrictions: | None |
Filing Date: | July 16, 2015 |
Effective Date: | Sept. 29, 2015 |
Fund Name: | Guggenheim Global Equity Income Fund |
Adviser: | Guggenheim Funds Investment Advisors LLC |
Sub-Adviser(s): | Guggenheim Partners Investment Management LLC |
Fees: | Not specified |
Open- or Closed-End: | Closed-End (Periodic repurchase) |
Investor Restrictions: | Minimum investment of 100 common shares |
Filing Date: | July 2, 2015 |
Effective Date: | Pending |
Fund Name: | Cushing MLP Infrastructure Master Fund |
Adviser: | Cushing Asset Management LP |
Sub-Adviser(s): | None |
Fees: | 1% Management Fee |
Open- or Closed-End: | Closed-End (Quarterly repurchase) |
Investor Restrictions: | Accredited investors |
Filing Date: | June 30, 2015 |
Effective Date: | Pending |
Fund Name: | RiverNorth Marketplace Lending Corp. |
Adviser: | RiverNorth Capital Management LLC |
Sub-Adviser(s): | None |
Fees: | Not specified |
Open- or Closed-End: | Closed-End (Exchange traded) |
Investor Restrictions: | None specified |
Filing Date: | June 11, 2015 |
Effective Date: | Pending |
Fund Name: | Ramius Archview Event Credit Feeder Fund |
Adviser: | Ramius Advisors LLC |
Sub-Adviser(s): | Archview Investment Group LP |
Fees: | 1.5% Management Fee |
Open- or Closed-End: | Closed-End (Quarterly repurchase) |
Investor Restrictions: | $25,000 minimum initial investment; $10,000 minimum subsequent additional investment. Qualified investors only. |
Filing Date: | June 5, 2015 |
Effective Date: | Pending |
Fund Name: | RiverNorth Multi-Strategy Arbitrage Fund |
Adviser: | RiverNorth Capital Management LLC (Closed-End Fund Arbitrage Strategy) |
Sub-Adviser(s): | Vivaldi Asset Management LLC (Merger Arbitrage Strategy) and Linden Advisors LP (Convertible/Credit Strategy) |
Fees: | Not specified |
Open- or Closed-End: | Closed-End (Exchange traded) |
Investor Restrictions: | None specified |
Filing Date: | May 28, 2015 |
Effective Date: | Pending |
Fund Name: | Multi-Strategy Alternative Income Fund |
Adviser: | Lucia Capital Management |
Sub-Adviser(s): | None |
Fees: | 1.5% Management Fee |
Open- or Closed-End: | Closed-End (Quarterly repurchase) |
Investor Restrictions: | $2,500 minimum initial investment (Class A, L and C); $1 million minimum (Class I) |
Filing Date: | May 19, 2015 |
Effective Date: | Pending |
Fund Name: | Guggenheim Energy & Income Fund |
Adviser: | Guggenheim Funds Investment Advisors LLC |
Sub-Adviser(s): | Guggenheim Partners Investment Management LLC |
Fees: | Not specified |
Open- or Closed-End: | Closed-End (Quarterly repurchase) |
Investor Restrictions: | Minimum investment of 25 common shares |
Filing Date: | May 15, 2015 |
Effective Date: | Pending |
Fund Name: | Oppenheimer Global Multi-Asset Growth Fund |
Adviser: | OFI Global Asset Management Inc. |
Sub-Adviser(s): | OppenheimerFunds Inc. (Sub-sub-advisors: Cornerstone Real Estate Advisers LLC and OFI SteelPath Inc.) |
Fees: | Not specified |
Open- or Closed-End: | Open-End (Mutual fund) |
Investor Restrictions: | $1,000 minimum initial investment for most share classes; $5 million minimum per account of Class I shares |
Filing Date: | May 1, 2015 |
Effective Date: | Pending |
Fund Name: | Hays U.S. Opportunity Fund |
Adviser: | Hays Capital Management LLC |
Sub-Adviser(s): | None |
Fees: | 0.85% Management Fee |
Open- or Closed-End: | Open-End (Mutual fund) |
Investor Restrictions: | $10,000 minimum (Class A, C, N shares), $1,000 for retirement accounts; $100,000 minimum (Class I shares), $5,000 for retirement accounts. |
Filing Date: | April 24, 2015 |
Effective Date: | Pending |
Fund Name: | Hays Tactical Multi-Asset Fund |
Adviser: | Hays Capital Management LLC |
Sub-Adviser(s): | None |
Fees: | 0.85% Management Fee |
Open- or Closed-End: | Open-End (Mutual fund) |
Investor Restrictions: | $10,000 minimum (Class A, C, N shares), $1,000 for retirement accounts; $100,000 minimum (Class I shares), $5,000 for retirement accounts. |
Filing Date: | April 24, 2015 |
Effective Date: | Pending |
Fund Name: | Fintan Alternative Fixed Income Master Fund |
Adviser: | Fintan Partners LLC |
Sub-Adviser(s): | None |
Fees: | 0.75% Management Fee |
Open- or Closed-End: | Closed-End (Non-listed) |
Investor Restrictions: | None |
Filing Date: | April 14, 2015 |
Effective Date: | Pending |
Fund Name: | Fintan Alternative Fixed Income Advisory Fund |
Adviser: | Fintan Partners LLC |
Sub-Adviser(s): | None |
Fees: | 0.75% Management Fee |
Open- or Closed-End: | Closed-End (Quarterly repurchase; non-listed) |
Investor Restrictions: | Accredited investor; $25,000 minimum initial investment, $10,000 minimum subsequent investment |
Filing Date: | April 14, 2015 |
Effective Date: | Pending |
Fund Name: | Fintan Alternative Fixed Income Institutional Fund |
Adviser: | Fintan Partners LLC |
Sub-Adviser(s): | None |
Fees: | 0.75% Management Fee |
Open- or Closed-End: | Closed-End (Quarterly repurchase; non-listed) |
Investor Restrictions: | Accredited investor; $25,000 minimum initial investment, $10,000 minimum subsequent investment |
Filing Date: | April 14, 2015 |
Effective Date: | Pending |
Fund Name: | TSC/Richard Bernstein Global Thematic Micro-Cap Fund |
Adviser: | Radiance Asset Management LLC |
Sub-Adviser(s): | Richard Bernstein Advisors LLC |
Fees: | Not specified |
Open- or Closed-End: | Closed-End |
Investor Restrictions: | 500 shares of common stock; $25,000 Minimum |
Filing Date: | April 3, 2015 |
Effective Date: | Pending |
Fund Name: | Triloma EIG Global Energy Term Fund I |
Adviser: | Triloma Energy Advisors LLC |
Sub-Adviser(s): | EIG Credit Management Company LLC |
Fees: | 2% Management Fee; 20% Performance Fee |
Open- or Closed-End: | Closed-End |
Investor Restrictions: | $5,000 Minimum |
Filing Date: | March 30, 2015 |
Effective Date: | Pending |
Fund Name: | Archstone Alternative Solutions Fund |
Adviser: | Archstone Advisory Management LLC |
Sub-Adviser(s): | None |
Fees: | 1.2% up to (and including) $1B; 1.1% over $1B and up to (and including) $5B; 1.0% over $5B. |
Open- or Closed-End: | Closed-End (Possible quarterly repurchase of up to 20%) |
Investor Restrictions: | Accredited investor |
Filing Date: | March 19, 2015 |
Effective Date: | Pending |
Fund Name: | Tekla World Healthcare Fund |
Adviser: | Tekla Capital Management LLC |
Sub-Adviser(s): | None |
Fees: | Not specified |
Open- or Closed-End: | Closed-End (Repurchase at least annually) |
Investor Restrictions: | None |
Filing Date: | March 10, 2015 |
Effective Date: | Pending |
Fund Name: | BNY Mellon Absolute Insight Funds |
Adviser: | The Dreyfus Corporation |
Sub-Adviser(s): | Pareto Investment Management Ltd. |
Fees: | Not Specified |
Open- or Closed-End: | Open-End (Mutual fund) |
Investor Restrictions: | None |
Filing Date: | March 3, 2015 |
Effective Date: | Pending |
Fund Name: | TCW/Gargoyle Hedged Value Fund |
Adviser: | TCW Investment Management Company |
Sub-Adviser(s): | Gargoyle Investment Advisor LLC |
Fees: | 0.9% Annually |
Open- or Closed-End: | Open-End (Mutual fund) |
Investor Restrictions: | None |
Filing Date: | March 10, 2015 |
Effective Date: | Pending |
Fund Name: | The Gabelli Go Anywhere Trust |
Adviser: | Gabelli Funds LLC |
Sub-Adviser(s): | None |
Fees: | Not specified |
Open- or Closed-End: | Closed-End (Total return fund) |
Investor Restrictions: | $5,000 Minimum |
Filing Date: | March 3, 2015 |
Effective Date: | Pending |
Fund Name: | Vanguard Alternative Strategies Fund |
Adviser: | The Vanguard Group Inc. |
Sub-Adviser(s): | None |
Fees: | Not specified |
Open- or Closed-End: | Open-End (Mutual fund) |
Investor Restrictions: | Institutional Investors; $250,000 Minimum |
Filing Date: | Feb. 27, 2015 |
Effective Date: | Pending |
Fund Name: | Context Fundamental Value Long/Short Fund |
Adviser: | Context Advisers III LLC |
Sub-Adviser(s): | Omega Advisors Inc. |
Fees: | 2% Management Fee |
Open- or Closed-End: | Closed-End (Quarterly repurchase of 5% of outstanding shares) |
Investor Restrictions: | Qualified clients; $25,000 Minimum |
Filing Date: | Feb. 17, 2015 |
Effective Date: | Pending |
Fund Name: | Terra Income Fund 6 |
Adviser: | Terra Income Advisors |
Sub-Adviser(s): | None |
Fees: | 3% Management Fee |
Open- or Closed-End: | Closed-End (Quarterly repurchase) |
Investor Restrictions: | Net worth of at least $70,000 and annual gross income of at least $70,000, or a net worth of at least $250,000. $5,000 Minimum. |
Filing Date: | March 3, 2015 |
Effective Date: | Pending |
Fund Name: | CNL Energy Total Return Fund |
Adviser: | CNL Energy Fund Advisors LLC |
Sub-Adviser(s): | None |
Fees: | Not Specified |
Open- or Closed-End: | Closed-End |
Investor Restrictions: | $5,000 Minimum ($4,000 for qualified plans) |
Filing Date: | Feb. 27, 2015 |
Effective Date: | Pending |
Fund Name: | First Trust Securities Convertible Income Fund |
Adviser: | First Trust Advisors |
Sub-Adviser(s): | SSI Investment Management |
Fees: | Not specified |
Open- or Closed-End: | Closed-End |
Investor Restrictions: | None specified |
Filing Date: | Jan. 5, 2015 |
Effective Date: | Pending |
The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances.