Kimberly Flynn Promoted to President of XA Investments LLC

Rhea-AI Summary

XAI Investments promotes Kimberly Flynn to President, focusing on growing XAI's presence in the interval fund marketplace. Ms. Flynn brings over 20 years of experience in investment product strategy and development, expanding XAI's consulting practice and research business. XAI recently launched a subscription-based research portal and a new interval fund, OCTIX, sub-advised by Octagon Credit Investors.

Focus on Growing XAI’s Presence in Interval Fund Marketplace

CHICAGO--(BUSINESS WIRE)-- XA Investments LLC (“XAI”), a Chicago-based alternative investment management and consulting firm, today announced that Kimberly Flynn, CFA, has expanded her leadership role at the firm with her promotion to President. Ms. Flynn was a member of the founding leadership team for XAI, helping launch the firm in 2016 as Managing Director where she built XAI’s proprietary closed-end fund platform. In 2020, Ms. Flynn introduced the firm’s consulting practice to assist clients with developing US and UK registered closed-end funds.

Ms. Flynn has more than 20 years of experience in investment product strategy, design and development. Prior to joining XAI, she led Nuveen Investment’s Global Structured Products Group which was responsible for the listed closed-end fund business. Her experience includes roles in registered fund product development for both traditional and alternative investment strategies.

In her expanded role, Ms. Flynn will work to grow XAI’s presence in the interval fund marketplace and will expand XAI’s team to support the growth of the business. She will continue to lead XAI’s proprietary closed-end fund platform, consulting practice and research business. Over the last five years, XAI has expanded its consulting practice to serve asset management clients on alternative product design and development projects. XAI recently launched its subscription-based research portal for asset managers to access in-depth quarterly research on the interval fund and tender offer fund marketplace.

“This promotion reflects Kim’s strong leadership over the last eight years and her recognized expertise in the closed-end fund marketplace. Kim has successfully established XA Investments as the go-to source for consulting services to help alternative asset managers launch their own registered funds. With the growth in demand for private markets, XAI is well positioned to expand further,” said Ted Brombach, Co-CEO at XAI.

In January of this year, XAI’s listed closed-end fund, XAI Octagon Floating Rate & Alternative Trust (NYSE: XFLT), became a perpetual fund. The Trust had $622 in total managed assets as of March 31, 2024. In February 2024, XAI launched a new interval fund, the Octagon XAI CLO Income Fund (OCTIX). Both funds are sub-advised by Octagon Credit Investors.

“I’m honored to serve XAI’s consulting clients and to lead XAI’s product development and research teams,” said Flynn. “With the growth in the interval fund marketplace, this is a very exciting time for XAI as we continue to grow our interval fund business.”

Ms. Flynn earned her MBA from Harvard Business School and her BBA in Finance and Business Economics, summa cum laude, from the University of Notre Dame in 1999. She serves on the Notre Dame Wall Street leadership committee. She also serves as secretary of the Chicago Symphony Orchestra Women’s board executive committee and on the advisory board of Youth Guidance’s Becoming A Man program, which has had a positive impact on the lives of Chicago youth. She is an active member of the Harvard Club of New York City and the University Club of Chicago where she serves on the Finance Committee. Kim lives in the Lincoln Park neighborhood of Chicago with her husband and their two teenage children.

About XA Investments

XA Investments LLC (“XAI”) is a Chicago-based firm founded by XMS Capital Partners in April, 2016. In addition to investment advisory services, the firm also provides investment fund structuring and consulting services focused on registered closed-end funds to meet institutional client needs. XAI offers custom product build and consulting services, including development and market research, sales, marketing, fund management and administration. XAI believes that the investing public can benefit from new vehicles to access a broad range of alternative investment strategies and managers. XAI provides individual investors with access to institutional-caliber alternative managers. For more information, please visit www.xainvestments.com.

About XMS Capital Partners

XMS Capital Partners, LLC, established in 2006, is a global, independent, financial services firm providing M&A, corporate advisory and asset management services to clients. It has offices in Chicago, Boston, Dallas and London. For more information, please visit www.xmscapital.com.

View source version on businesswire.com: https://www.businesswire.com/news/home/20240411863595/en/

Media Contact:

Benjamin McCulloch, Managing Director & General Counsel

XA Investments LLC

Phone: 888-903-3358

Email: BMcCulloch@XAInvestments.com

www.xainvestments.com

Source: XA Investments LLC

FAQ

Who was promoted to President at XAI Investments ?

Kimberly Flynn was promoted to President at XAI Investments

What is the ticker symbol for XAI's listed closed-end fund?

The ticker symbol for XAI's listed closed-end fund is XFLT.

What is the total managed assets of XAI's listed closed-end fund as of March 31, 2024?

The total managed assets of XAI's listed closed-end fund as of March 31, 2024, were $622.

Who is the sub-advisor for XAI's new interval fund, OCTIX?

Octagon Credit Investors is the sub-advisor for XAI's new interval fund, OCTIX.

What new fund did XAI launch in February 2024?

XAI launched a new interval fund, the Octagon XAI CLO Income Fund (OCTIX) in February 2024.