💼SEC Notice on Co-Investment for Business Development Companies
The SEC has issued a notice regarding an application from various business development companies for permission to co-invest in portfolio companies alongside affiliated investment entities. The notice outlines streamlined procedures compared to previous orders and details applicant information. The application aims to facilitate joint financial ventures and improve investment strategies in compliance with SEC regulations.
Learn More🤝SEC Notice on Co-Investment Opportunities for Business Development Companies
The SEC issued a notice allowing certain business development companies to co-invest in portfolio companies, enhancing collaborative investment strategies. The application includes multiple LAGO entities seeking regulatory relief from restrictions under the Investment Company Act, thereby promoting joint investment opportunities beneficial for growth and diversification.
Learn More📈SEC Notice for Exemption on Issuing Multiple Share Classes
The SEC has issued a notice regarding an application from North Haven Private Income Fund LLC and others for an exemption under the Investment Company Act of 1940. This exemption would allow investment companies to issue various classes of shares with differing sales loads and fees, potentially altering the structure of financial services within the business development sector.
Learn More📈SEC Notice on Barings LLC's Application for Share Class Exemption
The SEC issued a notice regarding an application by Barings LLC and Barings Private Credit Corporation for an exemption under the Investment Company Act. The application seeks permission for registered closed-end investment companies to issue multiple classes of shares with varying fees, enhancing flexibility in investment structures. Interested parties can request a hearing on the matter.
Learn More📈SEC Notice on Exemption for Multiple Classes of Shares in Investment Companies
The SEC has issued a notice regarding an application from Carlyle Global Credit Investment Management L.L.C. for an exemption under the Investment Company Act, permitting registered closed-end investment companies to issue multiple classes of shares with different sales loads and service fees. The notice outlines procedures for interested parties to request a hearing on this application.
Learn More📈SEC Notice on Jefferies Credit Management's Share Issuance Application
The SEC issued a notice regarding Jefferies Credit Management LLC's application for an exemption under the Investment Company Act to allow multiple classes of shares for certain investment companies. The notice includes filing dates, hearing notification details, and further contact information for inquiries.
Learn More📈SEC Notice
The SEC has issued a notice regarding the Antares Strategic Credit Fund's application for an exemption under the Investment Company Act of 1940, enabling registered investment companies to issue various classes of shares with different fee structures. Hearing requests can be submitted to the SEC's Secretary until April 8, 2025.
Learn More📈SEC Notice for Investment Company Act Exemption on Share Classes
The SEC issued a notice regarding an application for exemptions under the Investment Company Act of 1940, enabling certain registered closed-end investment companies to issue multiple classes of shares featuring varying sales loads and distribution fees. The applicants include Ares Capital Management and affiliated funds. Interested parties can request a hearing on the matter before the deadline.
Learn More📈SEC Notice on Exemption for Investment Companies and Share Classes
This document details the SEC's notice regarding an application from AMG Comvest Senior Lending Fund and Comvest Credit Managers, LLC, seeking exemption under the Investment Company Act to permit closed-end management investment companies to issue various classes of shares with different fees. It outlines the application process and contacts for further information.
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