Search Results for keywords:"sales charges"

Found 2 results

Search Results: keywords:"sales charges"

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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.

  • 2024-30069 — First Eagle Private Credit Fund and First Eagle Investment Management, LLC
    Type:Notice
    Citation:89 FR 103916
    Reading Time:about 2 minutes

    The Securities and Exchange Commission (SEC) has issued a notice about a request from the First Eagle Private Credit Fund and First Eagle Investment Management, LLC. They are asking for permission to allow certain investment companies that are organized as business development companies to issue different classes of shares with varying sales charges and fees. This request is being made under specific sections of the Investment Company Act of 1940. The public can request a hearing on this matter by contacting the SEC before January 7, 2025.

    Simple Explanation

    The SEC is thinking about letting a group of companies sell different types of shares, which means people could pay different amounts of money based on their choice. People who care about this can ask to talk about it with the SEC by early January 2025.