17 Jun 2025
📈SEC Notice for Co-Investment Opportunities for BDCs
Vista Credit Strategic Lending Corp., et al.
Summary
The SEC has issued a notice regarding an application for an order allowing Vista Credit Strategic Lending Corp. and affiliated companies to co-invest in portfolio companies. This arrangement proposes to permit joint transactions typically prohibited under the Investment Company Act, aiming to enhance collaborative investment efforts among business development companies and affiliated entities.
Agencies
- Securities and Exchange Commission
Business Impact
$$ - Med
The content outlines a notice from the SEC allowing certain business development companies to co-invest, which can lead to increased investment opportunities and potential growth for those firms. Compliance with the Investment Company Act is required.