Variant Investments Launches the Variant Alternative Income Fund

PORTLAND, Ore., Oct. 3, 2018 /PRNewswire/ -- Variant Investments, LLC, an innovator in alternative income investing, today announced the launch of the Variant Alternative Income Fund, a '40 Act closed-end interval fund.  The fund's strategy is an alternative to public market exposure and focuses on niche assets with strong cash flows and low market correlations.  As listed in the prospectus, the Fund will invest in assets such as music royalties, litigation finance, and government receivables. 

Variant Investments was formed in 2017 by three Directors of Research from CTC | myCFO, a firm serving ultra high net worth individuals and single-family offices.  The team has decades of experience investing in niche markets and is eager to bring the opportunities to a broader audience.   

"We are thrilled to be able to provide access to these niche opportunities during a time when income is so scarce and believe the interval fund structure is an ideal vehicle to do so," says JB Hayes, one of Variant's founders.

The Interval Fund will provide investors with daily pricing, increased transparency, simplified 1099 reporting, and quarterly liquidity with a fund level gate of 5-25% of NAV, to a mix of assets that rarely offers such features. 

"The Interval Fund structure allows us to provide investors with less liquid, potentially higher yielding alternative investments.  We have been building a compelling portfolio of high cash flow investments in our private fund over the last year, and we are excited to convert them into our interval fund to serve the needs of today's sophisticated investor,"  explains Curt Fintel, Variant founder and former Chief Investment Strategist at CTC.  

The Institutional share class (NICHX) is available as of October 1^st, while the Investor share class (UNIQX), will be available November 1^st, 2018. 

The Variant Alternative Income Fund is a continuously-offered, non-diversified, registered closed-end fund with limited liquidity.  There is no guarantee the Fund will achieve its objective.  An investment in the Fund should only be made by investors who understand the risks involved, who can withstand the loss of the entire amount invested and who can bear the risks associated with the limited liquidity of Shares.

A prospective investor must meet the definition of "accredited investor" under Regulation D under the Securities Act of 1933.

Important Risks: Shares are an illiquid investment. You should generally not expect to be able to sell your Shares (other than through the repurchase process), regardless of how the Fund performs. Although the Fund is required to implement a Share repurchase program, only a limited number of Shares will be eligible for repurchase by the Fund.

An investment in the Fund speculative, involves substantial risks, including the risk that the entire amount invested may be lost, and should not constitute a complete investment program. The Fund may leverage its investments by borrowing us of swap agreements, options or other derivative instruments. The Fund is a newly- organized closed-end management investment company that has limited operating history and no public trading of its shares. The Fund is a non- diversified management investment company, meaning it may be susceptible to any single economic or regulatory occurrence than a diversified investment company. In addition, the fund is subject to investment related risks to include alternative investment risk, asset allocation risk, counter party credit risk, cybersecurity risk and general economic and market condition risk, please read the prospectus carefully for additional information of the Fund risk prior to investing.

BEFORE INVESTING YOU SHOULD CAREFULLY CONSIDER THE FUND'S INVESTMENT OBJECTIVES, RISKS, CHARGES AND EXPENSES.  THIS AND OTHER INFORMATION IS IN THE PROSPECTUS, A COPY OF WHICH MAY BE OBTAINED FROM (877) 770-7717.  PLEASE READ THE PROSPECTUS CAREFULLY BEFORE YOU INVEST.
Foreside Fund Services, LLC, distributor.

SOURCE Variant Investments, LLC