Notice 12 May 2025 sec, business compliance, securities regulation, investment companies, financial exemptions

📈SEC Notice on Adams Street Investment Company Exemption Application

The Securities and Exchange Commission (SEC) issued a notice regarding the application by Adams Street Private Equity Navigator Fund LLC and Adams Street Advisors, LLC, seeking an exemption under the Investment Company Act. This exemption would allow for multiple classes of shares and impose fees, providing a framework for enhanced investment management practices.

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