XA Investments LLC
XA Investments LLC (XAI) is an investment management and consulting firm founded in April 2016 in Chicago, Illinois, by XMS Capital Partners. It provides investment advisory services and fund structuring and consulting focused on registered closed-end funds, including interval funds and listed closed-end funds. The firm advises fund sponsors on product structuring and distribution and serves as adviser to the XAI Octagon Floating Rate and Alternative Income Term Trust, listed on the New York Stock Exchange under the ticker XFLT. It publishes quarterly market updates on the non-listed closed-end fund industry and has launched the XAI Interval Fund Index tracking that market.
🏛 Regulatory Status
Recent News
First quarter 2025 market update reported the non-listed closed-end fund market reaching 270 interval and tender offer funds with 181 billion dollars in net assets as of 3/31/2025.