| Fund Name: | PIMCO Flexible Municipal Income Fund |
| Adviser: | Pacific Investment Management Company LLC |
| Sub-Adviser(s): | None |
| Fees: | Not specified |
| Open- or Closed-End: | Closed-End (Quarterly repurchase) |
| Investor Restrictions: | $1 million minimum initial investment for Institutional Class and Common Shares; No minimum subsequent investment |
| Filing Date: | Nov. 30, 2017 |
| Effective Date: | Pending |
| Fund Name: | NB Crossroads Private Markets Fund V Holdings LP |
| Adviser: | Neuberger Berman Investment Advisers LLC |
| Sub-Adviser(s): | NB Alternatives Advisers LLC |
| Fees: | 0.85% advisory fee from the Fund's commencement of operations through the end of year eight and then 0.30% for the remaining life of the Fund. |
| Open- or Closed-End: | Closed-End (Master Fund) |
| Investor Restrictions: | Accredited investor, qualified client; $50,000 minimum commitment |
| Filing Date: | Nov. 30, 2017 |
| Effective Date: | Nov. 30, 2017 |
| Fund Name: | NorthStar Real Estate Capital Income Fund-C |
| Adviser: | CNI RECF Advisors, LLC |
| Sub-Adviser(s): | None |
| Fees: | The Fund does not directly pay a management fee with respect to any period during which the only investment securities held by the Fund are those of the Master Fund. The Master Fund pays a management fee, calculated and paid quarterly in arrears, of 1.25% of the Master Fund's average daily net assets during such period. |
| Open- or Closed-End: | Closed-End (Quarterly repurchase; Feeder fund) |
| Investor Restrictions: | $4,000 minimum initial investment; $100 minimum subsequent investment (except for purchases made pursuant to the Trust's dividend reinvestment plan or as otherwise permitted by the Trust) |
| Filing Date: | Nov. 16, 2017 |
| Effective Date: | Pending |
| Fund Name: | Destra International & Event-Driven Credit Fund |
| Adviser: | Destra Capital Advisors LLC |
| Sub-Adviser(s): | BlueBay Asset Management LLP |
| Fees: | 1.75% Management Fee |
| Open- or Closed-End: | Closed-End (Quarterly repurchase) |
| Investor Restrictions: | Unspecified minimum initial investment |
| Filing Date: | Nov. 15, 2017 |
| Effective Date: | Pending |
| Fund Name: | Sierra Real Estate Fund |
| Adviser: | SREF Advisors LLC |
| Sub-Adviser(s): | None |
| Fees: | 1.5% Management Fee |
| Open- or Closed-End: | Closed-End (Quarterly repurchase) |
| Investor Restrictions: | $2,500 minimum initial investment for regular accounts, $1,000 for retirement accounts (Class A); $2,500 minimum initial investment for regular and retirement accounts (Class T, S and L); $100 minimum subsequent investment if made under Fund's automatic investment program, $1,000 minimum subsequent investment if not made under the Fund's automatic investment program (Class A, T, S and L); Unspecified minimum initial investment, no minimum subsequent investment (Class I). |
| Filing Date: | Nov. 13, 2017 |
| Effective Date: | Pending |
The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances.
