9 May 2025
📈SEC Notice on Co-Investment Application for Business Development Companies
AGTB Fund Manager, LLC, et al.
Summary
The SEC issued a notice regarding an application by AGTB Fund Manager, LLC and others, seeking permission for certain business development companies and management investment companies to co-invest in portfolio companies. This aims to facilitate joint transactions that are otherwise prohibited under current law, highlighting regulatory considerations for investment firms.
Agencies
- Securities and Exchange Commission
Business Impact
$$ - Med
The notice involves regulatory actions allowing business development companies to co-invest, impacting investment strategies and partnership opportunities. Compliance with SEC regulations is required, affecting how businesses structure their investments.