Correspondence 0000894189-25-006993 from Manager Directed Portfolios (CIK 0001359057)
Manager Directed Portfolios (CIK 0001359057)
Date: Sept. 16, 2025 · CIK: 0001359057 · Accession: 0000894189-25-006993
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File numbers found in text: 333-289548
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CORRESP 1 filename1.htm Spyglass N-14 Acceleration Request Manager Directed Portfolios 615 East Michigan Street | Milwaukee, Wisconsin 53202 September 16, 2025 VIA EDGAR TRANSMISSION Mr. Raymond Be Mr. Jeff Long U.S. Securities and Exchange Commission Division of Investment Management 100 F Street NE Washington, DC 20549 Re: Manager Directed Portfolios (the “Trust”) Securities Act Registration No: 333-289548 Spyglass Growth Fund (S000060175) (the “Fund”) REQUEST FOR ACCELERATION Dear Mr. Be and Mr. Long: The Trust respectfully requests, pursuant to Rule 461 under the 1933 Act, that the Pre-Effective Amendment No. 1 to the Registration Statement filed on Form N‑14 on Friday, September 12, 2025 with respect to the above-named Funds, be accelerated to become effective on Wednesday, September 17, 2025, or as soon as possible thereafter. Pursuant to Rule 461(a) under the 1933 Act, attached is a separate letter from ALPS Distributors, Inc, the Fund’s underwriter, also requesting that effectiveness of Pre-Effective Amendment No. 1 to the Registration Statement filed on Form N‑14 be accelerated to Wednesday, September 17, 2025, or as soon as possible thereafter. If you have any additional questions or require further information, please contact Amber Kopp at amber.kopp@usbank.com. Sincerely, /s/ Amber Kopp Amber Kopp Secretary September 16, 2025 VIA EDGAR TRANSMISSION United States Securities and Exchange Commission Division of Investment Management 100 F Street, N.E. Washington, D.C. 20549 Re: Manager Directed Portfolios (the “Trust”) Securities Act Registration No: 333-289548 Spyglass Growth Fund (S000060175) (the “Fund”) Dear Sir or Madam: REQUEST FOR ACCELERATION. As the principal underwriter of the Fund, a series of the Trust, and pursuant to the U.S. Securities and Exchange Commission’s authority under Rule 461(a) under the Securities Act of 1933, as amended, we request that effectiveness of the Pre-Effective Amendment No. 1 to the Registration Statement that was filed on Form N-14 on behalf of the Funds on September 12, 2025 , be accelerated to September 17, 2025 , or as soon as practicable thereafter. Very truly yours, ALPS Distributors, Inc /s/ Stephen Kyllo Stephen Kyllo, Managing Director