SEC Eyes Flexible Fees for Private Credit Investors' Shares
Published Date: 2/18/2026
Notice
Summary
Investcorp US Private Credit BDC II and CM Investment Partners asked the SEC for permission to offer different types of shares with various fees and sales charges. This change affects investors in these business development companies by giving them more options on how to invest and pay fees. If no one requests a hearing by March 9, 2026, the SEC will likely approve this new setup soon.
Analyzed Economic Effects
1 provisions identified: 1 benefits, 0 costs, 0 mixed.
BDCs May Offer Multiple Share Classes
If you invest in Investcorp US Private Credit BDC II (or related applicants), they asked the SEC for permission to issue multiple classes of shares that can carry different sales loads and asset-based distribution and/or service fees. The application was filed on January 5, 2026; a hearing request must be received by the SEC by 5:30 p.m. Eastern on March 9, 2026 or the Commission will likely issue the requested order.
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Key Dates
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