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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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