3 Apr 2025
📈SEC Notice on Blue Owl's Investment Fund Exemption Application
Blue Owl Alternative Credit Fund and Blue Owl Alternative Credit Advisors II LLC
Summary
The SEC has issued a notice regarding an application from Blue Owl Alternative Credit Fund for an exemption under the Investment Company Act of 1940. This exemption would allow the fund to issue multiple classes of shares and implement fees, which could enhance its operational flexibility and distribution strategies. Interested parties may request a hearing before the Commission concerning this application.
Agencies
- Securities and Exchange Commission
Business Impact
$$ - Med
The document discusses an application for an exemption under the Investment Company Act that could allow registered investment companies to issue multiple classes of shares and impose fees, which directly impacts business operations and financial strategies for affected firms.