CION Investment Management II, LLC primarily focuses on managing the Fund's investments in first lien senior secured loans, second lien senior secured loans, and mezzanine debt of U.S. and European middle-market companies. CION Management manages the day-to-day investment affairs of the Fund, including identifying, originating, acquiring and managing investments on its behalf. The Fund is managed in accordance with the investment objectives, strategies and guidelines set forth in its Governing Documents and is not tailored to the individual needs of any particular investor.
Fee Structure
CION Investment Management II, LLC's fees include a base management fee, generally calculated as a percentage of the client's gross assets. The management fee varies based on the client. Some clients will also pay performance-based compensation. The Fund will typically reimburse the expenses incurred by CION Management in connection with its provision of administrative services to the Fund.