# 2025-04299: Infrastructure Fund Wants Fee Menu from SEC

2025-04299, Ares Core Infrastructure Fund, et al., is a Federal Register notice from Securities and Exchange Commission published 2025-03-18, effective An order will be issued unless the Commission orders a hearing; hearing requests must be received by 5:30 p.m. on April 7, 2025.; PRIA reads it as touching household money (as of 2026-06-08).

- Canonical: https://policyrisk.com/federal-register/2025-04299
- As of: 2026-06-08
- Plain-text twin of the page above; the HTML and this file carry the same facts.

## Facts
- Document number: 2025-04299
- Title: Ares Core Infrastructure Fund, et al.
- Type: Notice
- Agencies: Securities and Exchange Commission
- Citation: 90 FR 12615
- Published: 2025-03-18
- Effective: An order will be issued unless the Commission orders a hearing; hearing requests must be received by 5:30 p.m. on April 7, 2025.
- Comments close: not stated
- Significant: no
- Touches household money: yes
- Regulation identifier numbers: none
- Last updated: 2026-06-08

## In one line

Infrastructure Fund Wants Fee Menu from SEC

## Summary

Ares Core Infrastructure Fund and related companies want permission to offer different types of shares with varying 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 April 7, 2025, unless someone asks for a hearing, which could impact when and how these new share classes roll out.

## Effects PRIA read

- New share classes with different fees: benefit, low. If you invest in Ares Core Infrastructure Fund or the related Ares funds, the funds asked the SEC on January 8, 2025 (amended February 28, 2025) for permission to issue multiple classes of shares that can carry different sales charges and asset-based distribution and/or service fees. That would giv…

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## Sources
- [2025-04299 on federalregister.gov](https://www.federalregister.gov/documents/2025/03/18/2025-04299/ares-core-infrastructure-fund-et-al)
- [2025-04299 as published (PDF)](https://www.govinfo.gov/content/pkg/FR-2025-03-18/pdf/2025-04299.pdf)

## Related
- [Previous: 2025-04298, Meketa Capital, LLC, et al.](https://policyrisk.com/federal-register/2025-04298)
- [Next: 2025-04300, Center for Scientific Review; Notice of Closed Meetings](https://policyrisk.com/federal-register/2025-04300)
- [All Federal Register documents](https://policyrisk.com/federal-register)

Source: PRIA, https://policyrisk.com/federal-register/2025-04299 (as of 2026-06-08).