Search Results for keywords:"closed-end investment companies"

The Securities and Exchange Commission (SEC) published a notice about an application by Goldman Sachs Private Credit Corp. and Goldman Sachs Asset Management, L.P. The applicants are seeking an exemption from certain sections of the Investment Company Act of 1940 to allow certain registered closed-end investment companies to issue different classes of shares with varying fees. The SEC indicates that unless a hearing is requested by April 14, 2025, an order granting the requested relief will be issued. Interested parties can find more details by accessing the applicant's amended application on the SEC's EDGAR system.

The Securities and Exchange Commission (SEC) has published a notice regarding an application for an order under the Investment Company Act of 1940. This order would allow certain closed-end investment companies to jointly invest in portfolio companies with each other and with specific affiliated investment entities, a practice usually restricted by law. The application was submitted by companies including Meketa Capital, LLC, and amended multiple times, with the most recent amendment on February 21, 2025. A hearing may be requested by interested parties until April 7, 2025, through specific channels provided by the SEC.

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 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 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 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.

The Securities and Exchange Commission (SEC) has issued a notice regarding an application from HarbourVest Private Investments Fund and HarbourVest Registered Advisers L.P. for certain exemptions under the Investment Company Act of 1940. This application seeks permission for certain registered closed-end investment companies to issue multiple classes of shares and to charge early withdrawal fees and asset-based distribution or service fees. The application was filed on November 8, 2024, and interested parties can request a hearing by contacting the SEC by January 3, 2025. Further information and the application details can be accessed on the SEC's website or by contacting the SEC's Public Reference Room.

The Securities and Exchange Commission (SEC) is considering an application from TCW Private Asset Income Fund and TCW Asset Backed Finance Management Company LLC. The applicants are seeking an order to allow certain closed-end investment companies to issue multiple classes of shares, and to apply asset-based distribution, service fees, and early withdrawal charges. The application was submitted on October 24, 2024, and the SEC has invited interested individuals to request a hearing regarding this matter by contacting them before December 20, 2024. If no hearing is ordered, the SEC may grant the requested relief.