Notice2025-17822
PennantPark Enhanced Income Fund and PennantPark Investment Advisers, LLC
Primary source
Metadata and text below are from the Federal Register, a public-domain U.S. government work. Always verify the official published version before relying on it for any legal matter.
Published
September 16, 2025
Issuing agencies
Securities and Exchange Commission
Full Text
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<title>Federal Register, Volume 90 Issue 177 (Tuesday, September 16, 2025)</title>
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[Federal Register Volume 90, Number 177 (Tuesday, September 16, 2025)]
[Notices]
[Page 44735]
From the Federal Register Online via the Government Publishing Office [<a href="http://www.gpo.gov">www.gpo.gov</a>]
[FR Doc No: 2025-17822]
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SECURITIES AND EXCHANGE COMMISSION
[Investment Company Act Release No. 35746; 812-15874]
PennantPark Enhanced Income Fund and PennantPark Investment
Advisers, LLC
September 11, 2025.
AGENCY: Securities and Exchange Commission (``Commission'' or ``SEC'').
ACTION: Notice.
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Notice of an application under section 6(c) of the Investment
Company Act of 1940 (the ``Act'') for an exemption from sections
18(a)(2), 18(c) and 18(i) of the Act, under sections 6(c) and 23(c) of
the Act for an exemption from rule 23c-3 under the Act, and for an
order pursuant to section 17(d) of the Act and rule 17d-1 under the
Act.
Summary of Application: Applicants request an order to permit certain
registered closed-end investment companies to issue multiple classes of
shares and to impose asset-based distribution and/or service fees and
early withdrawal charges.
Applicants: PennantPark Enhanced Income Fund and PennantPark Advisers,
LLC.
Filing Date: The application was filed on August 6, 2025.
Hearing or Notification of Hearing: An Order granting the requested
relief will be issued unless the Commission orders a hearing.
Interested persons may request a hearing on any application by emailing
the SEC's Secretary at <a href="/cdn-cgi/l/email-protection#c99aacaabbacbda8bbb0bae486afafa0aaac89baacaae7aea6bf"><span class="__cf_email__" data-cfemail="7526101607100114070c06583a13131c1610350610165b121a03">[email protected]</span></a> and serving the
Applicants with a copy of the request by email, if an email address is
listed for the relevant Applicant below, or personally or by mail, if a
physical address is listed for the relevant Applicant below.
Hearing requests should be received by the Commission by 5:30 p.m.
on October 6, 2025, and should be accompanied by proof of service on
the Applicants, in the form of an affidavit, or, for lawyers, a
certificate of service. Pursuant to rule 0-5 under the Act, hearing
requests should state the nature of the writer's interest, any facts
bearing upon the desirability of a hearing on the matter, the reason
for the request, and the issues contested. Persons who wish to be
notified of a hearing may request notification by emailing the
Commission's Secretary.
ADDRESSES:
The Commission: <a href="/cdn-cgi/l/email-protection#184b7d7b6a7d6c796a616b35577e7e717b7d586b7d7b367f776e"><span class="__cf_email__" data-cfemail="a2f1c7c1d0c7d6c3d0dbd18fedc4c4cbc1c7e2d1c7c18cc5cdd4">[email protected]</span></a>.
Applicants: Cynthia R. Beyea, Esq., Dechert LLP, 1900 K Street NW,
Washington, DC 20006 and Thomas J. Friedmann, Esq., Dechert LLP, One
International Plaza, 40th Floor, 100 Oliver Street, Boston,
Massachusetts, 02110 with copies to Arthur H. Penn, PennantPark
Investment Advisers, LLC, 1691 Michigan Avenue, Miami Beach, Florida
33139.
FOR FURTHER INFORMATION CONTACT: Rachel Loko, Senior Special Counsel,
at (202) 551-6883 (Division of Investment Management, Chief Counsel's
Office).
SUPPLEMENTARY INFORMATION: For Applicants' representations, legal
analysis, and conditions, please refer to Applicants' application,
dated August 6, 2025, which may be obtained via the Commission's
website by searching for the file number at the top of this document,
or for an Applicant using the Company name search field on the SEC's
EDGAR system. The SEC's EDGAR system may be searched at <a href="https://www.sec.gov/edgar/searchedgar/companysearch">https://www.sec.gov/edgar/searchedgar/companysearch</a>. You may also call the
SEC's Office of Investor Education and Advocacy at (202) 551-8090.
For the Commission, by the Division of Investment Management,
under delegated authority.
Sherry R. Haywood,
Assistant Secretary.
[FR Doc. 2025-17822 Filed 9-15-25; 8:45 am]
BILLING CODE 8011-01-P
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