CHICAGO & DALLAS--(BUSINESS WIRE)--Provasi Capital Partners LP (“Provasi”) and Destra Capital Investments LLC (“Destra Capital”) today announced that Provasi has appointed Destra as a sub-wholesaler for the offering of shares of Priority Income Fund. Provasi has rescinded its notice terminating the Dealer Manager Agreement for the Priority Income Fund offering and, with the Fund’s Board approval, the Dealer Manager Agreement is still effective. As part of this arrangement, Provasi and Destra Capital are also in discussions for Destra Capital to acquire Provasi, subject to regulatory approvals and other customary terms and conditions.
Interested financial advisors and broker dealers are encouraged to contact Destra Capital with any questions at 877-855-3434. Current investors can continue to utilize the existing shareholder services toll-free line at 866-655-3650.
About Destra Capital
Destra Capital connects financial advisors and their clients with innovative investment strategies, in uniquely positioned products from experienced asset managers. Destra takes the long view, setting goals to rise above fleeting market statistics toward the opportunity for long-term returns. The firm also offers two open-end funds, Destra Flaherty & Crumrine Preferred and Income Fund (DPIIX/DPIAX) and Destra Wolverine Dynamic Asset Fund (DWAIX/DWAAX), and a closed-end interval fund, Destra International & Event-Driven Credit Fund (CEDIX). Destra Capital Investments LLC is a member FINRA/SIPC.
About Provasi Capital Partners
Provasi Capital Partners offers access to specialized investment strategies through a multi-manager approach presenting advisors and their clients with unique options for allocating capital, managing risk and diversifying assets. Provasi Capital Partners LP is a member of FINRA/SIPC.
Investors should carefully consider the investment objectives, risks, charges, and expenses of Priority Income Fund before investing. The prospectus contains this and other information and should be read carefully before investing. For more information about Priority Income Fund, please contact your financial advisor. Additional details about this investment opportunity, including a copy of the current prospectus, are available at priority-incomefund.com.