6 May 2025
📈SEC Notice on Co-Investment for Franklin Lexington Fund
Franklin Lexington Private Markets Fund, et al.
Summary
The SEC has issued a notice regarding an application from various Franklin Lexington entities to allow business development companies and investment firms to co-invest in portfolio companies. This regulatory change may provide new opportunities for joint transactions that are typically prohibited, thereby enhancing investment capabilities and collaboration among companies.
Agencies
- Securities and Exchange Commission
Business Impact
$$ - Med
The notice discusses an application for an SEC order that would allow business development companies (BDCs) and investment companies to co-invest in portfolio companies, leading to potential collaborative investment opportunities. This regulatory change could facilitate growth and broaden investment strategies for affected entities.