Search Results for keywords:"sales fees"

Found 2 results

Search Results: keywords:"sales fees"

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  • 2025-04299 — Ares Core Infrastructure Fund, et al.
    Type:Notice
    Citation:90 FR 12615
    Reading Time:about 2 minutes

    The Securities and Exchange Commission (SEC) issued a notice about an application for an exemption from certain sections of the Investment Company Act of 1940. The application is from various companies, including Ares Capital Management and Ares Core Infrastructure Fund, seeking permission to offer multiple classes of shares with different sales fees for certain investment companies. The application was initially filed on January 8, 2025, and amended on February 28, 2025. The SEC will grant the requested relief unless a hearing is ordered, and interested individuals can request a hearing by April 7, 2025.

    Simple Explanation

    The SEC is thinking about letting a company called Ares and its partners use different rules for selling shares because they asked nicely. They will decide soon, and if people have questions or want to talk about it, they have until April 7, 2025, to ask for a chat.

  • 2024-28334 — Antares Private Credit Fund and Antares Capital Credit Advisers LLC
    Type:Notice
    Citation:89 FR 95878
    Reading Time:about 2 minutes

    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.

    Simple Explanation

    The SEC is thinking about letting a company sell different types of shares that might cost different amounts over time, and people have until December 23, 2024, to ask for a chance to talk about it.