12 May 2025
📈SEC Notice on Varagon Capital Joint Transactions Potential
Investment Company Act Release No.35578; File No. 812-15757 Varagon Capital Corporation, et al.
Summary
The SEC has issued a notice regarding an application for an order under the Investment Company Act to allow certain business development companies and closed-end management investment companies to co-invest in portfolio companies. This could enable increased collaboration and investment opportunities among the entities involved.
Agencies
- Securities and Exchange Commission
Business Impact
$$ - Med
The SEC notice outlines an application for order allowing joint transactions among business development companies, which indicates a potential shift in investment strategies that could affect capital allocation and collaboration opportunities for executives and business owners in the investment sector.