2025-06889NoticeWallet

Investment Funds Pitch New Fee Structures to SEC Watchdogs

Published Date: 4/22/2025

Notice

Summary

HPS Corporate Lending Fund and related companies want permission to offer different types of shares with various fees and sales charges. This change affects investors in these funds by giving them more options on how they invest and pay fees. The SEC will decide by May 12, 2025, unless someone asks for a hearing, and this could impact how much investors pay in fees.

Analyzed Economic Effects

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

New Share Classes with Different Fees

HPS Corporate Lending Fund and related applicants asked the SEC for permission to issue multiple classes of shares that have different sales loads and asset-based distribution and/or service fees. This change would give investors in these funds more choices about how they invest and how they pay fees, and it could change how much investors pay in fees.

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Key Dates

Published Date
4/22/2025

Department and Agencies

Department
Independent Agency
Agency
Securities and Exchange Commission
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