3 Sep 2025
📈SEC Notice on Co-Investment Application by Aksia LLC
Aksia LLC, et al
Summary
The SEC issued a notice regarding an application for an order enabling certain business development companies and management investment companies to co-invest in portfolio companies. The application aims to permit joint transactions that are otherwise prohibited by the Investment Company Act, impacting investment strategies and regulatory compliance for the involved entities.
Agencies
- Securities and Exchange Commission
Business Impact
$$ - Med
The SEC notice involves regulatory requirements for business development companies and closed-end investment companies to co-invest, which can impact financial strategies and compliance for affected firms. This necessitates careful consideration for business owners and executives regarding joint investments and adherence to the Investment Company Act.