Federal Register #Investment Company Act Release No. 36144, 812-16014

SEC Notice: Application for Exemption to Pay Advisory Fees in Common Stock

This notice from the Securities and Exchange Commission (SEC) informs the public about a regulatory application, not a procurement opportunity. - Government Buyer: - Securities and Exchange Commission (SEC) - Applicants (Not Vendors/OEMs): - G-X Private Equity - Goldman Sachs Asset Management, L.P. - Purpose of Notice: - Application for an exemption order under section 6(c) of the Investment Company Act of 1940 - Seeks relief from section 23(a)(1) to allow certain investment companies to pay advisory fees in common stock - No procurement activity: - No products, services, part numbers, or quantities are being requested or purchased - No OEMs or vendors are supplying goods or services - Notable Details: - The notice is informational and relates to regulatory relief, not acquisition of goods or services - No contract value, period of performance, or delivery locations relevant to procurement - Place of Record: - SEC headquarters, 100 F Street NE, Washington, DC

Description

This notice pertains to an application filed by G-X Private Equity and Goldman Sachs Asset Management, L.P. with the Securities and Exchange Commission (SEC). The application requests an order under section 6(c) of the Investment Company Act of 1940 to permit certain registered closed-end management investment companies and business development companies to pay investment advisory fees in shares of their common stock. The application was filed on April 3, 2026, and amended on May 6, 2026. Interested persons may request a hearing by June 1, 2026.

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