1 Apr 2025
🤝SEC Notice on Co-Investment Opportunities for Business Development Companies
LAGO Evergreen Credit, et al.
Summary
The SEC issued a notice allowing certain business development companies to co-invest in portfolio companies, enhancing collaborative investment strategies. The application includes multiple LAGO entities seeking regulatory relief from restrictions under the Investment Company Act, thereby promoting joint investment opportunities beneficial for growth and diversification.
Agencies
- Securities and Exchange Commission
Business Impact
$$ - Med
This regulation permits joint investments by specific investment companies, which can facilitate collaboration and diversification strategies for business owners and executives. The potential for increased co-investment opportunities may enhance capital access and portfolio expansion for the applicants involved.