8 Sep 2025
📊SEC Notice on Joint Transactions for Investment Companies
Gladstone Alternative Income Fund, et al.
Summary
The SEC issued a notice regarding the Gladstone Alternative Income Fund's application for an order to allow certain BDCs and investment companies to co-invest in portfolio companies. This application seeks to change existing prohibitions under the Investment Company Act, providing new avenues for collaboration among investment entities.
Agencies
- Securities and Exchange Commission
Business Impact
$$ - Med
The notice pertains to a request for joint transaction permissions involving BDCs and investment companies, which directly impacts compliance and regulatory requirements for these entities. It highlights the legal framework and the possibility of hearings, affecting operational strategies for executives and business owners in the investment sector.