IPO - AIP Alternative Lending Fund P
Form Type: N-2
Filing Date: 2025-01-29
Corporate Action: Ipo
Type: New
Accession Number: 000113322825000739
Filing Summary: The AIP Alternative Lending Fund P filed a registration statement under the Securities Act of 1933 and the Investment Company Act of 1940 as its Amendment No. 16. The fund aims to provide total return with an emphasis on current income through investments primarily in alternative lending securities via a Master Fund. The Master Fund seeks to generate income streams through loans originated from non-traditional lending platforms. The investment strategy involves high credit risk premiums and acceptance of potential defaults by borrowers. The document indicates the fund may leverage itself using various financial instruments. Investments are mainly in whole loans, excluding sub-prime quality consumer loans, with a focus on maintaining a diversified investment approach. There are details about ongoing expenses, share offerings, and the structure of the fund, highlighting that it is not insured by governmental agencies and involves substantial investment risks.
Document Link: View Document
Additional details:
Investment Objective: total return with an emphasis on current income
Management Fee: 0.0625% of Managed Assets
Minimum Initial Investment: $25,000
Sales Load: up to 3%
Leverage Permitted: Various forms including bank loans, preferred shares
Tax Aspects: Distributions may constitute a return of capital
Master Fund Investment Strategy: investing primarily in alternative lending securities
Fund Structure: Delaware statutory trust, registered closed-end management investment company
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