2025-04810NoticeWallet

Carlyle Funds Gain Approval for Varied Share Fees

Published Date: 3/21/2025

Notice

Summary

Carlyle Global Credit wants permission to offer different types of shares with varying fees and sales charges in some of their investment funds. This change affects investors in these funds by giving them more choices on how they pay fees. If no one asks for a hearing by April 11, 2025, the SEC will likely approve this soon.

Analyzed Economic Effects

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

Funds May Offer Multiple Share Classes

Carlyle Global Credit asked the SEC on February 28, 2025 (amended March 17, 2025) for permission to let certain registered closed-end business development companies issue multiple classes of shares with different sales loads and asset-based distribution or service fees. This would give investors in those funds more choices about how they pay fees; the SEC will likely issue the order unless a hearing is requested by April 11, 2025.

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Key Dates

Published Date
3/21/2025

Department and Agencies

Department
Independent Agency
Agency
Securities and Exchange Commission
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