Search Results for keywords:"distribution fees"

Found 2 results

Search Results: keywords:"distribution fees"

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  • 2025-04997 — North Haven Private Income Fund LLC, et al.
    Type:Notice
    Citation:90 FR 13652
    Reading Time:about 2 minutes

    The Securities and Exchange Commission (SEC) has issued a notice about an application submitted by North Haven Private Income Fund LLC and related entities. These companies have requested permission to issue multiple classes of shares with different sales charges and distribution fees. The SEC will issue an order to grant this request unless someone requests a hearing. Hearing requests must be submitted to the SEC by April 14, 2025, and should explain why the hearing is necessary.

    Simple Explanation

    The SEC is looking at a request from some companies that want to sell different types of shares with special rules. They will say yes to this request unless someone asks for a meeting before April 14, 2025, and explains why it's needed.

  • 2025-03122 — iDirect Private Markets Fund, et al.
    Type:Notice
    Citation:90 FR 10739
    Reading Time:about 2 minutes

    The Securities and Exchange Commission (SEC) has issued a notice concerning an application by iDirect Private Markets Fund and related entities. They are seeking permission to allow certain investment companies to issue multiple classes of shares and charge fees for distribution and early withdrawal. The application was initially filed in June 2024 and subsequently amended in October 2024. Interested parties have until March 13, 2025, to request a hearing if they wish to contest the application.

    Simple Explanation

    An investment group, iDirect Private Markets Fund, wants permission to let people buy special kinds of shares and charge extra fees if they sell too soon. The SEC says people can share their thoughts or concerns about this plan until March 13, 2025.