3 Sep 2025
📈SEC Notice on Joint Transactions for Business Development Companies
TCW Direct Lending LLC, et al
Summary
The SEC issues a notice regarding an application for an order under the Investment Company Act to allow certain business development companies to co-invest in portfolio companies with affiliated entities. This could alter co-investment strategies and regulatory dynamics within the investment management sector.
Agencies
- Securities and Exchange Commission
Business Impact
$$ - Med
The regulatory text involves the SEC's notice to allow joint transactions for certain business development companies, indicating potential changes in investment practices that could directly impact business operations and investment strategies. This affects compliance and regulatory requirements for impacted entities.