13 Jun 2025
💼SEC Notice on Co-Investment Application for Business Development Companies
TriplePoint Venture Growth BDC Corp., et al.
Summary
The SEC issued a notice regarding an application for order allowing certain business development companies to co-invest in portfolio companies. The order seeks to promote collaborative investment strategies among BDCs and affiliated entities by granting exemptions from specific prohibitions under the Investment Company Act of 1940.
Agencies
- Securities and Exchange Commission
Business Impact
$$ - Med
The notice allows certain business development companies (BDCs) to co-invest, which could enhance investment opportunities and partnerships. This regulatory approval streamlines compliance for BDCs, promoting more collaborative funding and risk-sharing strategies, thus impacting financial planning and investment strategies for businesses involved.