Notice 30 May 2025 sec, investment, financial regulation, co-investment, business development companies

📈SEC Notice for Co-Investment Approval by Great Elm Capital Corp.

The SEC has issued a notice regarding an application from Great Elm Capital Corp. and affiliates seeking permission for certain joint investment transactions under the Investment Company Act of 1940. The application aims to allow business development companies to co-invest, enhancing operational flexibility in their investment strategies.

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Notice 28 May 2025 sec, regulations, securities, investment, co-investment, business development companies

📈SEC Grants Notice for Co-Investment Relief for BDCs

The SEC has published a notice regarding an application from several investment funds seeking permission to co-invest in portfolio companies. This order aims to allow better collaboration among business development companies and closed-end management investment firms, which could lead to strategic investment opportunities and resource sharing. Interested parties can request a hearing on the matter by specified deadlines.

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Notice 28 May 2025 compliance, sec, securities, investment, business development companies

📈SEC Notice on Co-Investment Application for Eagle Point Entities

The Securities and Exchange Commission's notice details an application from Eagle Point Credit Company Inc. and its affiliates requesting permission to allow joint transactions between various investment entities. The document outlines procedural aspects regarding public hearings and how affected parties can engage in the process.

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Notice 28 May 2025 sec, regulatory compliance, investment, financial services, business development companies

📈SEC Approves Multiple Share Classes for Investment Companies

The SEC issued a notice regarding Vista Credit BDC Management's application for an exemption under the Investment Company Act of 1940. This exemption allows registered closed-end investment companies to issue multiple classes of shares with different sales loads and fees, potentially enhancing funding options for business development companies.

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Notice 23 May 2025 sec, regulation, securities, investment, co-investment, business development companies

💼SEC Notice on Global X Venture Fund's Joint Transaction Application

The SEC issued a notice regarding an application from Global X Venture Fund and related entities for an order permitting joint transactions among business development companies and their affiliated investment entities. This regulatory move seeks to facilitate co-investments, enhancing collaboration and capital accessibility in the investment landscape.

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Notice 21 May 2025 sec, securities regulation, investment companies, co-investment, business development companies

💼SEC Notice for Joint Transactions in Investment Companies

The SEC has issued a notice regarding an application from 5C Lending Partners Corp. and associated entities, seeking an order to allow business development companies to co-invest in portfolio companies with affiliated investment firms. This application involves overcoming restrictions within the Investment Company Act of 1940, paving the way for collaborative financial operations among these entities.

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Notice 12 May 2025 sec, regulatory compliance, investment companies, co-investment, business development companies

⚖️SEC Notice on Joint Transactions for Investment Companies

The SEC has issued a notice regarding an application from Morgan Stanley and others, seeking permission for certain joint transactions prohibited under the Investment Company Act of 1940. The order would enable collaboration among business development companies and affiliated entities, potentially reshaping investment strategies and regulatory requirements in this sector.

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Notice 12 May 2025 sec, regulation, investment, business development companies, capital markets

📈SEC Notice on Varagon Capital Joint Transactions Potential

The SEC has issued a notice regarding an application for an order under the Investment Company Act to allow certain business development companies and closed-end management investment companies to co-invest in portfolio companies. This could enable increased collaboration and investment opportunities among the entities involved.

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Notice 7 May 2025 sec, regulation, investment, co-investment, business development companies

🤝SEC Notice on Co-Investment Application for Business Development Companies

The SEC has issued a notice regarding an application for an order under the Investment Company Act of 1940. This order seeks to permit specific business development companies and investment entities to engage in joint transactions, allowing co-investment in portfolio companies, potentially enhancing collaboration among investment firms.

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Notice 1 May 2025 sec, regulations, investment company act, co-investment, business development companies

💼SEC Notice on Goldman Sachs BDC Joint Transactions Application

The SEC has issued a notice regarding an application to permit business development companies to co-invest with each other and affiliated entities. This includes streamlined terms compared to previous orders. The notice outlines the process for requesting a hearing on this application and provides details about the applicants involved.

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