Opportunity
Federal Register #36130
SEC Notice: Application for Exemption by GCM Grosvenor Private Equity Capital Opportunities Fund and GCM Grosvenor Wealth L.P.
Buyer
Securities and Exchange Commission
Posted
April 30, 2026
Identifier
36130
This notice from the Securities and Exchange Commission (SEC) announces an application for regulatory exemption: - The application is submitted by GCM Grosvenor Private Equity Capital Opportunities Fund and GCM Grosvenor Wealth L.P. - Seeks an order under section 6(c) of the Investment Company Act of 1940 - Requests exemption from section 23(a)(1) of the Act - If granted, would allow certain registered closed-end management investment companies and business development companies to pay investment advisory fees in shares of their own common stock - No procurement of products or services is involved - No part numbers, quantities, or technical requirements are specified - The only entities mentioned are the applicant funds; no OEMs or vendors are referenced beyond these applicants - Notice is informational and relates to regulatory action, not a government purchase
Description
The Securities and Exchange Commission received an application filed on April 21, 2026, requesting an order under section 6(c) of the Investment Company Act of 1940. The order seeks an exemption from section 23(a)(1) of the Act to permit certain registered closed-end management investment companies and business development companies to pay investment advisory fees in shares of their common stock. Interested persons may request a hearing by May 26, 2026.