28 Apr 2025
📈SEC Notice on Co-Investment for Business Development Companies
Jefferies Finance LLC, et al.
Summary
The SEC has issued a notice regarding an application for co-investment permissions under the Investment Company Act for several affiliated entities, including Jefferies Finance LLC. This move may lead to streamlined terms for investment collaboration among business development companies and their affiliates, promoting enhanced financial cooperation and investment strategies.
Agencies
- Securities and Exchange Commission
Business Impact
$$$ - High
The SEC notice discusses a request to permit business development companies to co-invest, which directly impacts BDCs and closed-end management investment strategies, potentially enabling more investment opportunities and financial collaboration. The streamlined terms could also reduce regulatory burdens, making it easier to engage in these investments.