📈SEC Notice on Coatue Innovation Fund's Co-Investment Application
Coatue Innovation Fund, et al.
Summary
The SEC has issued a notice regarding the Coatue Innovation Fund's application for an order that would allow certain business development companies and associated investment entities to co-invest in portfolio companies, permitting transactions typically restricted under the Investment Company Act of 1940. The document outlines the application details and implications for involved parties.
Agencies
- Securities and Exchange Commission
Business Impact
$$ - Med
The document presents an SEC notice related to an application for an order that allows certain business development companies to co-invest, implying regulatory changes that could affect investment strategies and compliance for involved companies. This could have significant financial implications for business owners and executives in the affected sectors.