Federal Register #Investment Company Act Release No. 36247

SEC Notice: Exemption Application by Coatue Innovative Strategies Fund and Coatue Management, L.L.C.

This notice concerns a regulatory application submitted to the Securities and Exchange Commission (SEC) by Coatue Innovative Strategies Fund and Coatue Management, L.L.C. - The application seeks an exemption under section 6(c) of the Investment Company Act of 1940 - The exemption would allow certain registered closed-end management investment companies and business development companies to pay investment advisory fees using shares of their own common stock - No procurement of products or services is involved - No part numbers, quantities, or technical product requirements are specified - The only entities mentioned are Coatue Innovative Strategies Fund and Coatue Management, L.L.C., in the context of a regulatory request, not as OEMs or vendors - The notice is informational and does not solicit goods, services, or competitive bids

Description

This notice from the Securities and Exchange Commission announces an application for an order under section 6(c) of the Investment Company Act of 1940. The order would grant an exemption allowing 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 June 30, 2026, and amended on July 6 and July 7, 2026. Interested persons may request a hearing by August 3, 2026.

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