14 May 2025
📈SEC Notice on GoldenTree Fund Exemption Application
GoldenTree Opportunistic Credit Fund and GoldenTree Asset Management Credit Advisor LLC
Summary
This SEC notice pertains to an application from GoldenTree Opportunistic Credit Fund for an exemption to allow multiple share classes and the imposition of asset-based fees. The Commission invites public comments and requests for hearings on this application, highlighting its significance for registered investment companies.
Agencies
- Securities and Exchange Commission
Business Impact
$$ - Med
The content involves a request for an exemption from several sections of the Investment Company Act, impacting investment companies' ability to issue share classes and impose fees, which is crucial for business operations such as funding and investor relations.