Search Results for keywords:"affiliated funds"

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Search Results: keywords:"affiliated funds"

  • Type:Notice
    Citation:86 FR 7892
    Reading Time:about 52 minutes

    The Securities and Exchange Commission has announced a notice regarding an application submitted by Hamilton Lane Private Assets Fund and others. The applicants are seeking permission for certain investment companies to make joint investments with affiliated funds, which would otherwise be prohibited under existing regulations. They aim to allow a closed-end management investment company to invest in portfolio companies alongside related investment funds. The application includes various conditions to ensure that such investments are fair and equitable for all parties involved.

    Simple Explanation

    The government is looking at a request from a company to let different investment groups work together to share money on projects, even though the current rules usually don't allow it. They want to make sure that everything is fair and rules are followed, so they plan to set up some guidelines to protect everyone involved.