Company Overview - XA Investments LLC ("XAI") is a Chicago-based alternative investment management and consulting firm founded in 2016 by XMS Capital Partners, focusing on investment advisory services for closed-end funds and interval funds [5] - XAI manages two listed closed-end funds and one interval closed-end fund, including the XAI Octagon Floating Rate & Alternative Income Trust (NYSE: XFLT), the XAI Madison Equity Premium Income Fund (NYSE: MCN), and the Octagon XAI CLO Income Fund (OCTIX) [5] Key Personnel - Tom McCabe has joined XAI as the Director of Regional Sales, bringing over 15 years of experience in financial services, particularly in the Registered Investment Advisor (RIA) marketplace [2][3] - McCabe's previous role was as a Sales Executive at Vanguard, where he focused on RIA, DCIO, and Retirement Plans, managing relationships and product offerings [2] Strategic Focus - The addition of McCabe is aimed at accelerating XAI's distribution efforts in the interval fund and closed-end fund marketplace, particularly on the East Coast [1][3] - Kevin Davis, Managing Director at XAI, emphasized the importance of expanding the sales team with experienced professionals to meet the growing demand for interval funds [3] Future Outlook - McCabe expressed enthusiasm about joining XAI and is focused on enhancing the sales culture and expanding the reach of XAI's interval fund business [3] - The firm aims to leverage McCabe's expertise to boost sales efforts nationwide, particularly for the Octagon XAI CLO Income Fund (OCTIX) [3]