1 min read
Add as a preferred source on GoogleMorgan Stanley Direct Lending Fund Plans Fee Cuts for 2027
Its management fee on assets is set to fall to 75 basis points from 100, while its incentive fee will drop to 15% from 17.5%, effective Jan. 1, 2027.
Morgan Stanley Direct Lending Fund (NYSE: MSDL) plans to cut its management fee on assets from 100 to 75 basis points and its incentive fee from 17.5% to 15%, effective Jan. 1, 2027.
The fund also introduced a supplemental dividend equal to 50% of excess net investment income.
John Kim
John Kim reports on the digital-asset business for TokenPost. Send corrections or tips to info@tokenpost.com.