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Texas Muni assigns $1.2 billion to 10 managers

Texas Muni assigns $1.2 billion to 10 managers
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XAI Octagon Floating Rate & Alternative Income Term Trust Declares Its Monthly Distribution of $0.073 Per Share

No change
Distributions on common shares may be paid from net investment income (regular interest and dividends), capital gains and/or a return of capital. The specific tax characteristics of the distributions will be reported to the Trust’s common shareholders on Form 1099 after the end of the 2021 calendar year. Shareholders should not assume that the source of a distribution from the Trust is net income or profit. For further information regarding the Trust’s distributions, please visit
The Trust’s net investment income and capital gain can vary significantly over time, however, the Trust seeks to maintain more stable monthly distributions over time. The Trust’s investments in CLOs may be subject to complex tax rules and the calculation of taxable income attributed to an investment in CLO subordinated notes can be dramatically different from the calculation of income for financial reporting purposes under accounting principles generally accepted in the United S ....

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Meet the power players in Carlyle's $53 billion lending division

The Carlyle Group; Samantha Lee/Business Insider
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The Carlyle Group s lending division has been a major focus of the firm s CEO, Kewsong Lee.
The credit team has nearly doubled its assets under management over the past four years.
These are 14 people leading Carlyle s $53 billion lending division.
One of Kewsong Lee s biggest priorities as CEO of The Carlyle Group has been to build out a lending division that offers new financial products for investors and serves as a true equal to its long-standing private-equity team, which has bought thousands of companies over its 34 years of existence, from the luxury fashion brand Golden Goose to the digital-content company Getty Images. ....

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