22 Apr 2025
📈SEC Notice on Joint Transactions for Investment Companies
MidCap Financial Investment Corporation, et al.
Summary
The SEC issued a notice regarding an application by MidCap Financial Investment Corporation and others for an order permitting joint transactions among business development companies under the Investment Company Act. This includes streamlined conditions compared to previous orders, impacting future investment strategies and compliance requirements for involved firms.
Agencies
- Securities and Exchange Commission
Business Impact
$$ - Med
The SEC's notice involves regulatory approval for joint transactions among business development companies (BDCs) and closed-end management investment companies, which directly affects compliance regulations and investment strategies for business owners and executives.