Octagon Opposes the Proposed Appointment of Rockford Tower Asset Management as XFLT’s Sub-Adviser
Octagon Credit Investors, LLC (“Octagon”), a leading credit-focused asset manager, today announced that it intends to file a preliminary proxy statement with the U.S. Securities and Exchange Commission (the “SEC”) and has issued an open letter to shareholders of the Fund in connection with the upcoming special meeting of shareholders of XAI Floating Rate & Alternative Income Trust (formerly, XAI Octagon Floating Rate & Alternative Income Trust) (the “Fund” or “XFLT”), which is scheduled to be held on July 30, 2026 (the “Special Meeting”).
Andy Gordon to Transition to Senior Advisor Role
Octagon Credit Investors, LLC (“Octagon”), a leading credit-focused investment manager overseeing $33 billion in total assets, announced today that effective January 1, 2025, Andrew Gordon, Executive Chair, will step back from his day-to-day duties and assume the role of Senior Advisor.
Octagon Credit Investors names Gretchen Lam as Chief Executive Officer
Octagon Credit Investors, LLC (“Octagon”), a leading credit-focused investment manager overseeing $35 billion in total assets, is pleased to announce that Gretchen Lam, Senior Portfolio Manager, will succeed Andrew Gordon as Chief Executive Officer, effective January 1, 2024.
