24 Sep 2025
📈SEC Notice
FPLF Management LLC and Fortress Private Lending Fund
Summary
The SEC issues a notice regarding an application by FPLF Management LLC and Fortress Private Lending Fund for an exemption under the Investment Company Act. This exemption would permit certain registered closed-end investment companies to issue multiple classes of shares with distinct pricing structures, potentially altering their operational landscape and compliance requirements.
Agencies
- Securities and Exchange Commission
Business Impact
$$ - Med
The SEC notice pertains to an application for an exemption under the Investment Company Act, allowing business development companies to issue multiple share classes with varying fees. This regulatory change may influence capital raising strategies and fee structures for affected businesses, directly impacting financial management and compliance.