Hedge fund

First Trust Energy Infrastructure Fund Issues Notice Regarding September 2023 Distribution

Retrieved on: 
Friday, September 15, 2023

A return of capital distribution does not necessarily reflect the Fund's investment performance and should not be confused with "yield" or "income."

Key Points: 
  • A return of capital distribution does not necessarily reflect the Fund's investment performance and should not be confused with "yield" or "income."
  • The amounts and sources of distributions reported in this Notice are only estimates and are not being provided for tax reporting purposes.
  • First Trust Advisors L.P. ("FTA") is a federally registered investment advisor and serves as the Fund's investment advisor.
  • FTP is also a distributor of mutual fund shares and exchange-traded fund creation units.

First Trust Enhanced Equity Income Fund Declares its Quarterly Distribution of $0.315 Per Share

Retrieved on: 
Monday, September 11, 2023

First Trust Enhanced Equity Income Fund (the "Fund") (NYSE: FFA) has declared the Fund's regularly scheduled quarterly distribution of $0.315 per share.

Key Points: 
  • First Trust Enhanced Equity Income Fund (the "Fund") (NYSE: FFA) has declared the Fund's regularly scheduled quarterly distribution of $0.315 per share.
  • Under the Plan, the Fund intends to pay a quarterly distribution in the amount of $0.315 per share.
  • This distribution will consist of net investment income earned by the Fund and may also consist of return of capital and/or realized capital gains.
  • The Fund seeks to achieve its investment objective by investing in a diversified portfolio of equity securities.

Formidium Announces the Release of Tax Allocations and Returns Module for Its Fund Accounting Software "Seamless™"

Retrieved on: 
Monday, August 28, 2023

DOWNERS GROVE, Ill., Aug. 28, 2023 /PRNewswire/ -- Formidium, a global leader in providing fund technology and back-office solutions, has today announced the release of Tax Allocations Module for its fund accounting software "Seamless™".

Key Points: 
  • DOWNERS GROVE, Ill., Aug. 28, 2023 /PRNewswire/ -- Formidium, a global leader in providing fund technology and back-office solutions, has today announced the release of Tax Allocations Module for its fund accounting software "Seamless™".
  • We are thrilled to announce the Automation of US tax allocations module for investment funds and partnerships.
  • Tax allocations within an accounting system for a pooled investment fund ensure that all investor-level tax allocations are calculated efficiently and books vs tax adjustments are tracked and reconciled.
  • It ensures efficient, faster and accurate processing of tax returns, K-1s,1099s, and other tax schedules required for US tax returns for investment funds.

Hi2 Global Private Credit Fund Awarded Hedgeweek 2023 Best Emerging Manager: Direct Lending

Retrieved on: 
Wednesday, August 23, 2023

NEW YORK, Aug. 23, 2023 /PRNewswire/ -- After achieving robust performance in the volatile year of 2022, Hi2 Global Private Credit Fund (the "Fund") has been awarded the Hedgeweek 2023 Best Emerging Manager Award in the category of Direct Lending.

Key Points: 
  • NEW YORK, Aug. 23, 2023 /PRNewswire/ -- After achieving robust performance in the volatile year of 2022, Hi2 Global Private Credit Fund (the "Fund") has been awarded the Hedgeweek 2023 Best Emerging Manager Award in the category of Direct Lending.
  • Powered by Hedgeweek, a leading information provider for the hedge fund community, and with fund manager data provided by Bloomberg, the Award rewards fund performance and service provider excellence within hedge fund emerging managers.
  • Winners are recommended by Bloomberg based on 2022 Calendar Year fund performance, and voted by the hedge fund community.
  • The Fund is also the winner of Hedgeweek 2021 Best Emerging Manager - Credit Hedge Award.

Doug Puckett Joins Leon Capital Group as Chief Administrative Officer

Retrieved on: 
Tuesday, August 22, 2023

DALLAS, Aug. 22, 2023 /PRNewswire/ -- Leon Capital Group , a diversified holding company for a privately-owned group of entities based in Dallas, Texas, is pleased to announce the appointment of Doug Puckett as its Chief Administrative Officer.

Key Points: 
  • DALLAS, Aug. 22, 2023 /PRNewswire/ -- Leon Capital Group , a diversified holding company for a privately-owned group of entities based in Dallas, Texas, is pleased to announce the appointment of Doug Puckett as its Chief Administrative Officer.
  • Prior to joining Leon Capital Group, Doug was the National Leader of the Private Equity Practice at Deloitte Tax.
  • "I am honored to join Leon Capital Group and contribute to its ongoing success," said Doug.
  • "I look forward to collaborating with the talented team at Leon Capital Group and further advancing the firm's strategic goals."

100 Days To Go: Abu Dhabi Finance Week's 2023 Edition Expects Leadership of 3500+ Top Financial Firms from Over 100 Countries

Retrieved on: 
Tuesday, August 22, 2023

It will collectively aim to collaborate on maximising the opportunities and minimising the challenges presented within the 'Transition Era'.

Key Points: 
  • It will collectively aim to collaborate on maximising the opportunities and minimising the challenges presented within the 'Transition Era'.
  • Embracing the Transition Era will build the path to a stronger, more resilient financial landscape through these events placed within ADFW.
  • The first day will also witness the start of the globally renowned Fortune Global Leadership Summit 2023.
  • ADFW will continue with Asset Abu Dhabi's second edition which is levelling up to be one of the world's strongest assemblage of global private market leadership.

100 Days To Go: Abu Dhabi Finance Week's 2023 Edition Expects Leadership of 3500+ Top Financial Firms from Over 100 Countries

Retrieved on: 
Tuesday, August 22, 2023

It will collectively aim to collaborate on maximising the opportunities and minimising the challenges presented within the 'Transition Era'.

Key Points: 
  • It will collectively aim to collaborate on maximising the opportunities and minimising the challenges presented within the 'Transition Era'.
  • Embracing the Transition Era will build the path to a stronger, more resilient financial landscape through these events placed within ADFW.
  • The first day will also witness the start of the globally renowned Fortune Global Leadership Summit 2023.
  • ADFW will continue with Asset Abu Dhabi's second edition which is levelling up to be one of the world's strongest assemblage of global private market leadership.

First Trust High Income Long/Short Fund Declares its Monthly Common Share Distribution of $0.105 Per Share for September

Retrieved on: 
Monday, August 21, 2023

First Trust High Income Long/Short Fund (the "Fund") (NYSE: FSD) has declared the Fund’s regularly scheduled monthly common share distribution in the amount of $0.105 per share payable on September 15, 2023, to shareholders of record as of September 5, 2023.

Key Points: 
  • First Trust High Income Long/Short Fund (the "Fund") (NYSE: FSD) has declared the Fund’s regularly scheduled monthly common share distribution in the amount of $0.105 per share payable on September 15, 2023, to shareholders of record as of September 5, 2023.
  • First Trust Advisors L.P. ("FTA") is a federally registered investment advisor and serves as the Fund's investment advisor.
  • FTA and its affiliate First Trust Portfolios L.P. ("FTP"), a FINRA registered broker-dealer, are privately-held companies that provide a variety of investment services.
  • FTP is also a distributor of mutual fund shares and exchange-traded fund creation units.

First Trust Mortgage Income Fund Increases its Monthly Common Share Distribution to $0.0625 Per Share for September

Retrieved on: 
Monday, August 21, 2023

First Trust Mortgage Income Fund (the "Fund") (NYSE: FMY) has increased its regularly scheduled monthly common share distribution to $0.0625 per share from $0.055 per share.

Key Points: 
  • First Trust Mortgage Income Fund (the "Fund") (NYSE: FMY) has increased its regularly scheduled monthly common share distribution to $0.0625 per share from $0.055 per share.
  • The Fund is a diversified, closed-end management investment company that seeks to provide a high level of current income.
  • First Trust Advisors L.P. ("FTA") is a federally registered investment advisor and serves as the Fund's investment advisor.
  • FTA and its affiliate First Trust Portfolios L.P. ("FTP"), a FINRA registered broker-dealer, are privately-held companies that provide a variety of investment services.

First Trust Intermediate Duration Preferred & Income Fund Declares its Monthly Common Share Distribution of $0.1075 Per Share for September

Retrieved on: 
Monday, August 21, 2023

First Trust Intermediate Duration Preferred & Income Fund (the "Fund") (NYSE: FPF) has declared the Fund’s regularly scheduled monthly common share distribution in the amount of $0.1075 per share payable on September 15, 2023, to shareholders of record as of September 5, 2023.

Key Points: 
  • First Trust Intermediate Duration Preferred & Income Fund (the "Fund") (NYSE: FPF) has declared the Fund’s regularly scheduled monthly common share distribution in the amount of $0.1075 per share payable on September 15, 2023, to shareholders of record as of September 5, 2023.
  • The Fund is a diversified, closed-end management investment company that seeks to provide a high level of current income.
  • The Fund seeks to achieve its investment objectives by investing in preferred and other income-producing securities.
  • First Trust Advisors L.P. ("FTA") is a federally registered investment advisor and serves as the Fund's investment advisor.