According to documents submitted to the U.S. Securities and Exchange Commission (SEC), the Nuveen Churchill Private Capital Income Fund has decided to grant a 50% waiver on the incentive fees payable to its investment advisor for the period ending April 2026.
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This move aims to adjust the fund's fee structure and may reflect management strategies under the current market environment or fund performance. Incentive fees are usually tied to the fund's investment performance, and this partial exemption is intended to reduce fund operating costs, thereby better safeguarding investors' interests. The relevant arrangements have been disclosed through official regulatory documents.
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