Search Results for keywords:"multiple classes of shares"

The Securities and Exchange Commission (SEC) has released a notice regarding an application from SEG Partners Long/Short Equity Fund and Select Equity Group, L.P. These companies are seeking an exemption to allow them to issue multiple classes of shares, and to charge early withdrawal fees as well as asset-based distribution and service fees. The application was filed on January 6, 2025, and a decision granting this request will be made unless a hearing is requested by interested parties. The deadline for hearing requests is March 3, 2025, and more information can be found on the SEC's website.

The Securities and Exchange Commission (SEC) has published a notice about an application from the Coatue CTEK Fund and Coatue Management, L.L.C. These applicants are seeking an order to allow certain registered closed-end investment companies to issue multiple classes of shares, along with imposing asset-based fees and early withdrawal charges. If no hearing is requested by January 7, 2025, the SEC is set to grant the requested exemptions. Interested parties are given details on how to apply for a hearing if they wish to contest the application.

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.

The Securities and Exchange Commission (SEC) has issued a notice regarding an application filed by Callodine Specialty Income Fund and Callodine Capital Management, LP. The application seeks an exemption from certain sections of the Investment Company Act of 1940 to allow registered closed-end investment companies to offer multiple classes of shares, alongside asset-based distribution and service fees, as well as early withdrawal charges. If the SEC does not order a hearing, an order granting the exemptions will be issued. Interested parties have until December 20, 2024, to request a hearing or be informed about one.

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.

The Securities and Exchange Commission (SEC) has announced a notice regarding an application for exemption from certain sections of the Investment Company Act of 1940. AMG Comvest Senior Lending Fund and Comvest Credit Managers, LLC are seeking permission to allow business development companies to issue multiple classes of shares with different sales charges and fees. The application was initially filed in July 2024 and has been amended twice since then. Interested parties have until March 13, 2025, to request a hearing on the application.

The Securities and Exchange Commission (SEC) has issued a notice regarding an application from several applicants, including HPS Advisors, LLC and related funds, for an exemption from certain sections of the Investment Company Act of 1940. The exemption would allow these registered closed-end investment companies, which are regulated as business development companies, to issue different classes of shares with various sales loads and fees. A decision on granting the requested exemption will be made unless a hearing is requested by May 12, 2025. Interested parties can request a hearing by contacting the SEC or the applicants.

The Securities and Exchange Commission (SEC) has released a notice regarding an application for exemption requested by Jefferies Credit Management LLC and Jefferies Credit Partners BDC Inc. The applicants seek permission to allow certain registered closed-end investment companies to issue multiple classes of shares with different sales loads and fees. This notice provides information on how individuals can request a hearing regarding the application. Any hearing requests must be submitted to the SEC by April 8, 2025.

The Securities and Exchange Commission (SEC) has published a notice about an application from Antares Private Credit Fund and Antares Capital Credit Advisers LLC. They are seeking an exemption under the Investment Company Act of 1940 to allow certain investment companies to issue multiple classes of shares with different sales fees and service charges. The application was initially filed in May 2024 and amended in November 2024. The SEC will grant the requested relief unless a hearing is ordered, with hearing requests due by December 23, 2024.

The Securities and Exchange Commission (SEC) has released a notice regarding an application from ISQ Infrastructure Income Fund and I Squared Capital Registered Advisor LLC. The application seeks exemptions from specific sections of the Investment Company Act of 1940, allowing certain registered closed-end investment companies to issue multiple classes of shares and impose early withdrawal charges and asset-based distribution or service fees. Interested parties have until March 31, 2025, to request a hearing about this application. The details of the application can be accessed via the SEC's EDGAR system.