2025-04646NoticeWallet

SEC Eyes Approval for Antares Fund Share Changes

Published Date: 3/19/2025

Notice

Summary

Antares Strategic Credit Fund and its partners want permission to offer different types of shares with various fees and sales charges to investors. This change affects certain investment companies and could impact how much investors pay in fees. If no one asks for a hearing by April 8, 2025, the SEC will likely approve this new setup.

Analyzed Economic Effects

1 provisions identified: 0 benefits, 0 costs, 1 mixed.

BDC Funds May Offer Multiple Share Classes

If you invest in certain registered closed-end investment companies that elected to be regulated as business development companies (BDCs), those funds may be allowed to issue multiple classes of shares with different sales loads and asset-based distribution and/or service fees. That could change how much you pay in fees. If no one requests a hearing by 5:30 p.m. on April 8, 2025, the SEC will likely grant the requested order.

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Key Dates

Published Date
3/19/2025

Department and Agencies

Department
Independent Agency
Agency
Securities and Exchange Commission
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