Carey Credit
Income Fund

Carey Credit Income Fund (CCIF) is a non-traded business development company (BDC)
managed by affiliates of W. P. Carey and Guggenheim Partners, LLC that seeks to provide
investors of its feeder funds with current income, capital preservation and, to a lesser extent,
capital appreciation.

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What Is Carey Credit Income Fund?

CCIF's current offering, Carey Credit Income Fund – I (CCIF – I), is a feeder fund
in a master/feeder structure that is designed to provide its investors with:

There is no guarantee these objectives and goals will be achieved.

HOW DOES CCIF CREATE VALUE FOR ITS INVESTORS?

CCIF intends to invest primarily in large, privately-negotiated loans to private middle market U.S. companies, focusing on senior secured debt investments. CCIF seeks to provide value for the investors of its feeder funds through its experienced management team and disciplined investment strategy that seeks to capitalize on the supply/demand imbalances in the market.

  • management

    Management

    W. P. Carey Inc. and Guggenheim Partners, LLC, parent companies of the Advisors to CCIF, have a 50+ year aggregate track record, and both play an active role in sourcing, evaluating and monitoring portfolio investments.


  • alignment

    Alignment

    W. P. Carey Inc. and Guggenheim Partners, LLC have made an initial commitment of $50 million in CCIF, effectively aligning their interests with those of the feeder fund shareholders.1


  • opportunity

    Opportunity

    U.S. middle market companies are continuously looking for capital to invest into their businesses. CCIF seeks to capitalize on the shortage in supply of financing from traditional lenders by providing loans to these companies.2

1Guggenheim’s $25 million investment is held within a variable life insurance policy where Guggenheim maintains a 100% economic exposure.
2CCIF seeks to primarily invest in the senior secured debt of private middle market American companies.

Investing in privately held middle market companies involves a number of risks including reduced access to capital, diminished ability to withstand financial distress and limited liquidity.

HOW WILL CCIF GUIDE INVESTORS IN THEIR SEARCH FOR INCOME?

CCIF is the master fund, which pools investor capital raised through its feeder funds—such as the current fund offering, CCIF – I. Both master and feeder share the same investment objectives and strategies. All portfolio investments are made by Carey Credit Income Fund, the master fund.

Investors can only acquire shares in a feeder fund, which invests substantially all of its assets in the common shares of CCIF at net asset value, which will vary over time. CCIF, the master fund, and the feeder funds share the same investment objectives and strategies. The imposition of fees and expenses may affect a non-traded BDC’s ability to generate income.

Experienced
Management Team

W. P. Carey Inc. and Guggenheim Partners, LLC have a 50+ year aggregate investment track record. Both firms have a shared commitment to protecting shareholders’ wealth.

  • W. P. Carey Inc. is a publicly traded REIT that provides long-term sale-leaseback and build-to-suit financing for companies worldwide. Its portfolio of global real estate has an enterprise value of $10.7 billion. In addition, W. P. Carey manages a series of investment programs with approximately $13.0 billion in AUM.1



  • Guggenheim Partners, LLC is a global investment and advisory firm with more than $260 billion in AUM.2 Its Corporate Credit team’s long-term investment focus combined with its emphasis on downside protection has made it the investment manager of choice for many insurance companies, public pensions, foundations, and high-net-worth investors.


1As of March 31, 2017.
Assets under management are as of December 31, 2016. Assets include consulting services for clients whose assets are valued at approximately $63 billion.

Investors in a feeder fund will not be acquiring an interest in W. P. Carey Inc. or Guggenheim Partners, LLC, parent companies of the Advisors to CCIF.

CCIF'S NON-TRADED BDC OFFERINGS

CCIF 2018 T Offering Details

Carey Credit Income Fund’s (CCIF) third feeder fund, Carey Credit Income Fund 2018 T (CCIF 2018 T), has been declared effective by the Securities and Exchange Commission (SEC).

Access the Prospectus
CCIF 2016 T Prospectus

Pursuant to the terms of the Carey Credit Income Fund 2018 T ("CCIF 2018 T") prospectus, the current offering price and offering size are subject to change based on fluctuations in NAV (Net Asset Value). Please refer to the current prospectus for disclosures relating to the current offering price.

This is not an offer to sell or buy the securities described herein, if any. Only a prospectus for Carey Credit Income Fund 2018 T makes such an offer. Neither the SEC nor the Attorney General of the State of New York nor any other state regulator has passed on or endorsed the merits of these offerings. Any representation to the contrary is a criminal offense. The applicable prospectus must be read in order to understand fully all of the implications and risks of the offering to which it relates. To request a prospectus contact CCIF 2018 T at 50 Rockefeller Plaza, New York, NY 10020. Securities are offered through Carey Financial, LLC, member of FINRA/SIPC, as Dealer Manager.

Key Facts: CCIF 2018 T


Account Type:

Brokerage

Maximum Offering:

102.6 million shares

Portfolio Overview

As of March 31, 2017, CCIF’s portfolio consisted of 61 companies in 24 U.S. states across 19 industries.



Education Center

Download our collection of industry-related pieces below to learn more about W. P. Carey and Guggenheim, alternative investments and BDCs.

CONTACT US

  • Financial Advisors

    Please contact our Carey Financial Sales Team:

    1-877-WPC REIT (972-7348)

    CCIF@wpcarey.com

  • Individual Investors

    Please contact our Investor Relations Team:

    1-800 WP CAREY (972-2739)

    CCIF@wpcarey.com

  • RIAs

    Please contact our RIA Specialist Team:

    1-844-WPC RIAS (972-7427)

    CCIF@wpcarey.com

This is neither an offer to sell nor a solicitation of an offer to buy the securities described herein, if any. Only a prospectus for Carey Credit Income Fund – I  can make such an offer. This material is authorized only when it is accompanied or preceded by a CCIF – I prospectus. Neither the SEC nor the Attorney General of the State of New York nor any other state regulator has passed on or endorsed the merits of this offering. Any representation to the contrary is a criminal offense. Securities are offered through Carey Financial, LLC, member of FINRA/SIPC, as Dealer Manager.


Master/Feeder Structure

Carey Credit Income Fund (“CCIF” or the “Master Fund”) is a master fund in a master/feeder structure. In this structure, each Feeder Fund, such as CCIF – I”, is capitalized by investors and in turn invests all or substantially all of its assets in the master fund, CCIF. Investors in CCIF – I are purchasing shares of a feeder fund, not the master fund. The investment results of CCIF – I are directly dependent on the investment results of the master fund. Further explanation of the master/feeder structure appears in the prospectus for CCIF – I under “Master/Feeder Fund Structure.”

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