28 May 2025
🤝SEC Notice on Golub Capital BDC Joint Transactions Application
Golub Capital BDC, Inc., et al.
Summary
The SEC has issued a notice regarding an application by Golub Capital BDC and affiliates for permission to co-invest in portfolio companies. This request seeks to circumvent certain restrictions under the Investment Company Act to allow collaborative investment opportunities among various BDCs and affiliated entities, enhancing their operational flexibility.
Agencies
- Securities and Exchange Commission
Business Impact
$$ - Med
The notice discusses a request for an order allowing joint transactions that would enable certain business development companies (BDCs) to co-invest in portfolio companies, which is a significant opportunity for financial collaboration and growth. This directly impacts business operations and compliance requirements under the Investment Company Act.