Group 1 - The Jiangsu Province Strategic Emerging Industry Special Fund, initiated by Changzhou Investment Group, has a total scale of 8.5 billion and has officially entered the investment phase [1] - The Changzhou Future Industry Angel Fund, as a key component of the provincial strategic emerging fund cluster, has selected Suzhou Yuanhe Holdings as the fund management institution [1] - The fund focuses on key future industry sectors such as synthetic biology, third-generation semiconductors, artificial intelligence, low-altitude economy, and aerospace development, aligning with the "51010" strategic emerging industry cluster and "1650" industrial system [1]

Core Viewpoint - The article discusses the recent implementation of policies aimed at promoting the high-quality development of government investment funds in Gansu Province, reflecting a broader trend across various regions in China to control the establishment of new funds and optimize existing ones [1][3]. Group 1: Control and Integration of Funds - The Gansu government's implementation opinion emphasizes the unified management of government investment funds by fiscal departments, with a strict control on the establishment of new funds and a push for the optimization and integration of existing funds [3][4]. - The scope of control over new fund establishment has expanded from county-level to include municipal-level governments, indicating a tightening of fund creation policies [3]. - Data shows a decrease in the establishment of local government funds, with 298 funds created in Q1 2025, down 2.5% year-on-year, and a total fund size of 338.41 billion yuan, down 19.04% year-on-year [3]. Group 2: Adjustments in Funding Mechanisms - Policies are being introduced to adjust the contribution ratios and optimize return policies for government investment funds, aiming to enhance their guiding role [6]. - For instance, a new 2 billion yuan mother fund in Jingzhou aims to create a fund cluster of at least 20 billion yuan within three years, allowing for a contribution ratio of up to 99% for certain sub-funds [6]. - Other regions, such as Tianjin and Sichuan, have also increased the maximum contribution ratios for government investment funds, with some allowing up to 70% contributions [6]. Group 3: Policy Responses and Trends - Following the release of the national guidelines, various regions have actively issued related policy documents to regulate and guide the high-quality development of government investment funds [8][9]. - The trend indicates a shift towards more cautious fund establishment, prioritizing quality over quantity, and a growing market-oriented approach in fund management [9]. - Enhanced professional management and risk control measures are being emphasized, with local governments focusing on integrating funds with industry needs to better support national and local development strategies [10].

Core Points - Priority Income Fund has declared monthly cash "base" and "bonus" distributions for June, July, and August 2025, consistent with prior distributions [1][2] - The annualized total cash distribution is $1.34016 per share, with Class R at a 17.4% annualized rate and Class I at an 18.7% annualized rate [2] - Cumulative cash distributions since inception in January 2014 total $16.39 per common share through August 2025 [5] Monthly Cash "Base" Distribution - The cash "base" distribution is $0.08056 for June and July 2025, and $0.10070 for August 2025, payable monthly [3] - These distributions represent the 138th, 139th, and 140th consecutive monthly "base" distributions [3] Monthly Cash "Bonus" Distribution - The cash "bonus" distribution is $0.024167 for June, July, and August 2025, representing the 57th, 58th, and 59th monthly "bonus" distributions [4] Preferred Stock Distributions - The Fund has declared distributions on various series of preferred stock, including Series D, I, J, K, and L, with amounts ranging from $0.37500 to $0.43750 per share [6][7] Fund Overview - Priority Income Fund is a registered closed-end fund focused on acquiring and growing an investment portfolio primarily consisting of senior secured loans and collateralized loan obligations (CLOs) [9] - The Fund is managed by Priority Senior Secured Income Management, LLC, which has a team of investment professionals from Prospect Capital Management L.P. [9]

来源： 甘肃省人民政府 近日，甘肃省人民政府办公厅发布关于促进政府投资基金高质量发展的管理办法 。其中明确提 出，需要强化政府引导，各级财政部门负责统一管理本级政府投资基金，严控新设基金，推动优化 整合已设基金，明确直接管理或委托管理的职责划分，强化统一运作管理。《办法》还指出，需要 培育壮大长期资本、耐心资本，合理确定政府投资基金存续期。各地需要严格落实建设全国统一 大市场部署要求， 建立健全激励容错体系， 不以招商引资为目的设立政府投资基金。 以下为办法原文： 峰会： 「2025母基金年度论坛」盛大启幕：汇聚中国力量！ 热文： 一纸新规，炸出一级市场的管理费焦虑 热文： 今年，上市公司热衷做并购基金 对接需求请扫码 每日｜荐读 榜单： 「2025投资机构软实力排行榜」评选启动 ...

Core Viewpoint - The implementation opinions from Gansu Province emphasize the need for high-quality development of government investment funds, aligning with the national guidelines issued earlier this year, indicating a tightening of new fund establishment across all levels of government [1][2][3]. Summary by Sections Government Investment Fund Management - The Gansu implementation opinions require all levels of financial departments to manage government investment funds uniformly, strictly controlling the establishment of new funds and promoting the optimization and integration of existing funds [1]. - The document reflects a broader trend where many regions are tightening their policies on new government investment funds in response to national directives [1][2]. Impact on Fund Establishment - The enthusiasm for establishing new government investment funds has decreased, influenced by the national guideline that prohibits setting up funds for the purpose of attracting investment [2][3]. - In the first quarter of 2024, the scale of newly initiated mother funds was 238.7 billion, while in the first quarter of this year, it dropped to 146.2 billion, marking a decline of 38.75% [3]. Changes in Investment Strategy - The national guideline has significantly impacted the previously popular "fund attraction" model, leading to a transformation in local government strategies for investment and fund establishment [3][4]. - Many local governments are now focusing on nurturing local industries rather than attracting external projects, indicating a shift in the investment landscape [5]. Future Policy Developments - Multiple regions are revising their government investment fund policies in accordance with the national guidelines, with new policies expected to be released throughout the year [6].

Group 1 - The current market stance is primarily risk-off due to anticipated credit risk expansion within the next twelve months [1] - Certain risky credit assets have experienced premature sell-offs, creating attractive yield opportunities [1] - The focus of the proprietary investment fund includes Bonds, Preferreds, and REITs, with primary sectors being Financials and Real Estate [1] Group 2 - The mission of the investment firm is to discover actionable total return ideas through a combination of academic theories, practical experience, and common sense [1]

10% Annual Rate Level Distribution Policy Conditional Tender Offer for 10% of Outstanding SharesNEW YORK, June 06, 2025 (GLOBE NEWSWIRE) -- Japan Smaller Capitalization Fund, Inc. (the “Fund”) (NYSE: JOF) today announced that its Board of Directors (the “Board”) has approved two initiatives aimed at addressing the Fund’s trading discount. These initiatives include a level distribution plan and a conditional tender offer. The Board believes these actions reflect the Fund’s ongoing commitment to enhancing sha ...

智通财经6月6日电，天眼查App显示，北京亦庄工融交融股权投资基金合伙企业（有限合伙）近日成 立，执行事务合伙人为交银资本管理有限公司，出资额25亿人民币，经营范围为以私募基金从事股权投 资、投资管理、资产管理等活动。合伙人信息显示，该基金由北京亦庄国际投资发展有限公司、工银金 融资产投资有限公司、交银金融资产投资有限公司等共同出资。 工银投资、交银投资等在北京亦庄成立股权基金 出资额25亿 ...

Core Viewpoint - 180 Degree Capital Corp. is progressing with its proposed all-stock merger with Mount Logan Capital Inc., with expectations to seek shareholder approval in the third quarter of 2025 [1][3][5] Financial Statements and Regulatory Filings - An amended preliminary proxy statement was filed on May 6, 2025, containing audited financial statements of Mount Logan, converted to U.S. GAAP from IFRS to meet SEC requirements [2] - Yukon Parent, the legal acquirer in the merger, filed an amended registration statement on Form S-4 to register the issuance of shares to shareholders of both companies [2] SEC Review Process - Both the proxy statement and Form S-4 are undergoing the standard SEC review process, with plans to set record and meeting dates for a special shareholder meeting once SEC comments are cleared [3] - The company aims to commence the proxy solicitation process and hold the special meeting for shareholder voting during the third quarter of 2025 [3] Stock Performance and Market Context - Since the announcement of the proposed merger, 180 Degree Capital's common stock price has increased by 5.6%, contrasting with a 4.9% decline in the Russell Microcap Index [4] - The company believes that transitioning to an operating company will establish its net asset value as a price floor rather than a ceiling, which is typical for closed-end funds [4] Shareholder Support and Voting Agreements - Approximately 14% of non-insider shareholders have signed voting agreements or provided non-binding indications of support for the merger [5] - The voting agreement represents the entirety of the agreement related to the Business Combination, with no separate agreements with those providing non-binding support [5] Company Overview - 180 Degree Capital Corp. is a publicly traded closed-end fund focused on investing in undervalued small public companies, aiming for significant turnarounds through constructive activism [6]

Group 1 - Canoe EIT Income Fund announced a monthly distribution of $0.10 per unit for June 2025, payable on July 15, 2025, to unitholders of record on June 20, 2025 [1] - The Fund is one of Canada's largest closed-end investment funds, focusing on maximizing monthly distributions and capital appreciation through a diversified portfolio of high-quality securities [2] - Canoe Financial, the managing firm, has approximately $20.0 billion in assets under management and is recognized for its diverse range of investment solutions [3] Group 2 - Canoe Financial was founded in 2008 and is an employee-owned investment management firm with a significant presence in major Canadian cities [3] - The Fund's monthly distributions may include a Return of Capital (ROC), which can reduce the original investment amount and potentially impact future income generation [4]