New Public Alternative Funds - May 24, 2018

Fund Name:

Hatteras Reinsurance Fund

Adviser:

Hatteras Funds, LP

Sub-Adviser(s):

Not specified

Fees:

1.7% Management Fee

Open- or Closed-End:

Closed-End (Quarterly repurchase; Interval fund)

Investor Restrictions:

$5 million minimum investment

Filing Date:

May 15, 2018

Effective Date:

Pending

Fund Name:

City National Rochdale Strategic Credit Fund

Adviser:

City National Rochdale, LLC

Sub-Adviser(s):

CIFC

Fees:

1.5% Management Fee

Open- or Closed-End:

Closed-End (Quarterly repurchase; Interval fund)

Investor Restrictions:

$1 million minimum initial investment

Filing Date:

May 14, 2018

Effective Date:

Pending

Fund Name:

Hedge Fund Guided Portfolio Solution

Adviser:

Grosvenor Capital Management, L.P.

Sub-Adviser(s):

None

Fees:

0.55% Advisory Fee

Open- or Closed-End:

Closed-End (Quarterly repurchase)

Investor Restrictions:

Accredited investor; $25,000 minimum initial investment; $1,000 minimum subsequent investment

Filing Date:

April 26, 2018

Effective Date:

Pending

Fund Name:

FS Multi-Alternative Income Fund

Adviser:

FS Multi-Alternative Advisor, LLC

Sub-Adviser(s):

GoldenTree Asset Management Credit Advisor LLC, KKR Credit Advisors (US) LLC and StepStone Group Real Estate LP.

Fees:

Not specified

Open- or Closed-End:

Closed-End (Quarterly repurchase; Interval fund)

Investor Restrictions:

$2,500 minimum initial investment for regular accounts, $1,000 for retirement plan accounts, $100 minimum subsequent investment for regular accounts, $50 for retirement plan accounts (Class A, L, M and T); $1 million minimum initial investment, no restrictions on subsequent investments (Class I)

Filing Date:

April 17, 2018

Effective Date:

Pending

Fund Name:

Variant Alternative Income Fund

Adviser:

Variant Investments, LLC

Sub-Adviser(s):

None

Fees:

0.95% Management Fee

Open- or Closed-End:

Closed-End (Quarterly repurchase; Interval fund)

Investor Restrictions:

Accredited investor; $1 million minimum initial investment (Institutional class shares); $25,000 minimum initial investment (Investor class shares)

Filing Date:

April 13, 2018

Effective Date:

Pending