Callodine Group launched the Callodine Specialty Income Fund (CALIX), a closed-end interval fund designed to provide investors with high current income through exposure to private credit and other yield-oriented investment strategies.
CALIX was designed to expand access to the firm’s private credit strategies that have traditionally been available to institutional investors. The fund will be managed by a team of senior investment professionals across the Callodine platform that specialize in a range of income-producing strategies including asset-based lending, life sciences finance, direct lending, real estate lending, high yield debt and yielding equity securities.
“With the launch of the Callodine Specialty Income Fund, investors will be able to access Callodine’s specialized investment capabilities across private credit and alternative income strategies in a registered fund format,” James Morrow, founder and CEO of Callodine, and co-portfolio manager of the fund, said. “We believe CALIX offers a differentiated exposure within the evolving interval fund landscape and a compelling risk-return profile.”
“CALIX will provide investors with exposure to a variety of private credit strategies and collateral types,” Gene Martin, president and CEO of Callodine Credit Management and co-portfolio manager of the fund, said. “By leveraging our diversified platform and sector expertise, we believe the fund can generate an attractive yield profile while maintaining a disciplined approach to portfolio construction and asset duration.”
