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This document details an application by The Blackstone Group, L.P. for an exemption under the Investment Company Act of 1940 to allow certain investment partnerships for eligible employees without

How to fill out notice of application for

How to fill out Notice of Application for Exemption under the Investment Company Act

1. Obtain the Notice of Application for Exemption form from the SEC's website or your legal advisor.
2. Read the instructions thoroughly to understand the requirements for filling out the form.
3. Provide the name of the applicant and relevant contact information in the designated sections.
4. Specify the type of exemption being sought under the Investment Company Act.
5. Detail the factual background supporting the request for exemption, including financial statements if necessary.
6. Include any supporting documentation that may strengthen the application, such as legal opinions or expert analyses.
7. Review the completed form for accuracy and completeness.
8. Sign and date the form where required.
9. Submit the form to the appropriate regulatory body as per the guidance provided.

Who needs Notice of Application for Exemption under the Investment Company Act?

1. Investment companies seeking to obtain an exemption from certain provisions of the Investment Company Act.
2. Entities that qualify as investment advisers or have investment fund structures requiring regulatory relief.
3. Funds or sponsors wishing to avoid the burdens of full registration under the Investment Company Act while maintaining compliance with applicable laws.

People Also Ask about

What is the 3c 5 exemption?

Here's how the 3(c)5 exemption works: Qualified Interests (55% Requirement): At least 55% of your portfolio must be allocated to "qualified interests." This typically includes mortgages or liens on real estate, meaning a substantial portion of your fund must directly invest in real estate assets.

What is the 3c exemption?

The 3(c)(7) exemption refers to a portion of the Investment Company Act of 1940 that allows private investment companies an exemption from some Securities and Exchange Commission (SEC) regulation, providing that they meet certain criteria. 3C7 is shorthand for the 3(c)(7) exemption.

Who does Investment Company Act apply to?

The Investment Company Act applies to all investment companies, but exempts several types of investment companies from the act's coverage. The most common exemptions are found in Sections 3(c)(1) and 3(c)(7) of the act and include hedge funds.

What is Section 3c5 of the Investment Company Act?

Many real estate investment trusts (REITs) rely on Section 3(c)(5)(C) of the Investment Company Act of 1940 (the Act), which excludes from the definition of "investment company" any person who is primarily engaged in, among other things, "purchasing or otherwise acquiring mortgages and other liens on and interests in

What is the exemption of the Investment Company Act?

Section 3(c)(1) exempts private funds of any size, provided that they have no more than 100 beneficial owners, all of whom are accredited investors.

Are investment companies exempt from registration?

The activities of investment companies generally are not regulated by the states. States may, however, require investment companies to file notices with them and pay filing or registration fees. Information about state securities laws is available from state securities regulators.

What is the 3 C 5 exemption?

Section 3(c)(5)(c) Exemption: Real Estate Funds To qualify, at least 55% of the portfolio must be allocated to real estate (including mortgages or liens on real estate), 25% must be allocated to real estate-related interests, and 20% may be in assets of the sponsor's choice.

What qualifies for the exclusion from the definition of investment company under Section 3 C )( 1 of the Investment Company Act of 1940?

3(c)(1) In other words, 3C1 allows private funds with 100 or fewer investors (and venture capital funds with fewer than 250 investors) and no plans for an initial public offering to sidestep SEC registration and other requirements, including ongoing disclosure and restrictions on derivatives trading.

For pdfFiller’s FAQs

What is Notice of Application for Exemption under the Investment Company Act?

The Notice of Application for Exemption under the Investment Company Act is a formal document filed with the Securities and Exchange Commission (SEC) that requests an exemption from certain provisions of the Investment Company Act of 1940. This allows a company to operate as an investment company under specific conditions or limitations.

Who is required to file Notice of Application for Exemption under the Investment Company Act?

Entities that seek to obtain an exemption from registration or specific regulatory requirements under the Investment Company Act must file a Notice of Application for Exemption. This typically includes investment companies, pooled investment vehicles, and other financial entities that meet the criteria for exemption.

How to fill out Notice of Application for Exemption under the Investment Company Act?

To fill out the Notice of Application for Exemption, the applicant must complete a form provided by the SEC, detailing their request for exemption. This includes submitting information about the company's structure, the nature of the investment activities, and justification for the exemption being sought.

What is the purpose of Notice of Application for Exemption under the Investment Company Act?

The purpose of the Notice of Application for Exemption is to inform the SEC about a company's desire to operate without adhering to certain regulations of the Investment Company Act, while still ensuring transparency and protecting investors.

What information must be reported on Notice of Application for Exemption under the Investment Company Act?

The information that must be reported includes the identity of the applicant, the specific provisions from which exemption is sought, the reasons for the exemption request, details about the company's investment strategy, and any relevant financial data to support the application.