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.