XA Investments LLC (XAI) is a Chicago-based boutique investment management and consulting firm founded in 2016 by XMS Capital Partners. XAI specializes in providing access to institutional-caliber alternative investments through registered closed-end funds, including interval and tender offer funds. The firm serves as the investment adviser for funds such as 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).

In addition to fund management, XAI offers product design consulting, market research, and educational resources to financial advisors and institutions. Their proprietary XAI Interval Fund Index™ (INTVL) tracks the performance of the interval fund market, providing transparency and insights into this growing investment sector.