Search Results for keywords:"investment advisory fees"

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Search Results: keywords:"investment advisory fees"

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  • 2025-03744 — ISQ Infrastructure Income Fund and I Squared Capital Registered Advisor LLC
    Type:Notice
    Citation:90 FR 11636
    Reading Time:about 2 minutes

    The Securities and Exchange Commission (SEC) is considering an application from the ISQ Infrastructure Income Fund and I Squared Capital Registered Advisor LLC for an exemption under the Investment Company Act of 1940. The applicants seek permission for certain closed-end management investment companies and business development companies to pay investment advisory fees using shares of their common stock. If no hearing is requested, the SEC will grant the requested relief. Interested individuals can request a hearing by contacting the SEC by March 31, 2025.

    Simple Explanation

    The government is thinking about letting some money companies pay their helpers with pieces of their own special paper, called stock, instead of money. If nobody says they disagree by the end of March 2025, these companies can go ahead and do it.

  • 2024-28194 — Hamilton Lane Private Assets Fund, Hamilton Lane Private Infrastructure Fund, Hamilton Lane Private Secondary Fund and Hamilton Lane Advisors, L.L.C.
    Type:Notice
    Citation:89 FR 95256
    Reading Time:about 2 minutes

    The Securities and Exchange Commission (SEC) has issued a notice regarding an application from Hamilton Lane Private Assets Fund and related entities. The applicants seek permission for certain investment companies to pay advisory fees using shares of their own common stock. The public can request a hearing on this matter by contacting the SEC by December 20, 2024. Details of the application, including its legal analysis and conditions, are available on the SEC's website.

    Simple Explanation

    The SEC is thinking about letting some companies pay their advisors with shares of their own stock instead of money. If people have opinions about this or want to talk about it, they need to tell the SEC by December 20, 2024.