Focus on expanding XAI’s presence in the interval fund market
Chicago, April 11, 2024–(BUSINESS WIRE)–Chicago-based alternative investment management and consulting firm XA Investments LLC (“XAI”) today announced that Kimberly Flynn, CFA, has been promoted to president, expanding her leadership role at the firm. It was announced that. Mr. Flynn is a member of XAI’s founding leadership team and helped launch the company in 2016 as Managing Director and built XAI’s proprietary closed-end fund his platform. In 2020, Mr. Flynn introduced the firm’s consulting practice, which assists clients with the development of registered closed-end funds in the US and UK.
Mr. Flynn has more than 20 years of experience in investment product strategy, design and development. Prior to joining XAI, he led Nuveen Investment’s Global Structured Products Group where he was responsible for the listed closed-end funds business. Her experience includes roles in registered fund product development for both traditional and alternative investment strategies.
In his expanded role, Mr. Flynn will work to increase XAI’s presence in the interval funds market and will expand XAI’s team to support business growth. She will continue to lead XAI’s proprietary closed-end fund platform, consulting practice, and research business. Over the past five years, XAI has expanded its consulting practice to service alternative product design and development projects for asset management clients. XAI recently launched a subscription-based research portal for asset managers that provides access to quarterly in-depth research on the interval funds and tender offer funds markets.
”This promotion reflects Ms. Kim’s strong leadership over the past eight years and her recognized expertise in the closed-end fund market. Ms. Kim has successfully established her XA Investments as a go-to source for consulting services to assist alternative asset managers in launching their own registered funds.Increasing private market demand positions XAI for further expansion” said Ted Brombach, co-CEO of XAI.
In January of this year, XAI’s publicly traded closed-end fund, XAI Octagon Floating Rate & Alternative Trust (NYSE: XFLT), became a permanent fund. As of March 31, 2024, the Trust had total assets under management of $622. In February 2024, XAI launched a new interval fund, Octagon XAI CLO Income Fund (OCTIX). Both funds are sub-advised by Octagon Credit Investors.
”I am honored to serve XAI’s consulting clients and lead XAI’s product development and research teams” Flynn said.With the growth of the interval funds market, this is an exciting time for XAI as we continue to grow our interval funds business. ”
Mr. Flynn earned an MBA from Harvard Business School and a BBA in Finance and Business Economics with honors from the University of Notre Dame in 1999. She serves on the University of Notre Dame’s Wall Street Leadership Committee. She also serves as Secretary of the Executive Committee of the Women’s Board of Directors of the Chicago Symphony Orchestra and a member of the Advisory Board of Youth Guidance’s “Becoming A Man” program, which positively impacts the lives of Chicago’s youth. Masu. She is an active member of the Harvard Club of New York City and the University of Chicago Club, where she serves on the finance committee. Kim lives in Chicago’s Lincoln Park neighborhood with her husband and her two teenage children.
About XA Investments
XA Investments LLC (“XAI”) is a Chicago-based company founded in April 2016 by XMS Capital Partners. In addition to investment advisory services, the company also provides investment fund formation and consulting services with a focus on registered closed-end funds. Institutional customer needs. XAI provides custom product construction and consulting services, including development and market research, sales, marketing, fund management and administration. XAI believes that retail investors can benefit from new means of accessing a wide range of alternative investment strategies and managers. XAI provides retail investors with access to alternative institutional managers. Learn more about. www.xainvestments.com.
About XMS Capital Partners
Founded in 2006, XMS Capital Partners, LLC is a global independent financial services firm providing M&A, corporate advisory, and asset management services to clients. We have offices in Chicago, Boston, Dallas, and London. Learn more about. www.xmscapital.com.
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contact address
Media contact:
Benjamin McCulloch, Managing Director and General Counsel
XA Investment LLC
Phone: 888-903-3358
Email: BMcCulloch@XAInvestments.com
www.xainvestments.com
