📈SEC Notice on Co-Investment for Business Development Companies
The SEC has issued a notice regarding an application for co-investment permissions under the Investment Company Act for several affiliated entities, including Jefferies Finance LLC. This move may lead to streamlined terms for investment collaboration among business development companies and their affiliates, promoting enhanced financial cooperation and investment strategies.
Learn More📈SEC Notice on Co-Investment Application by PGIM Companies
The SEC has issued a notice regarding an application from PGIM entities seeking an order to permit certain joint transactions under the Investment Company Act. This includes co-investment opportunities among Business Development Companies and affiliated investment entities, with streamlined terms outlined compared to past orders.
Learn More📈SEC Exemption Notice for KKR FS Income Trust Investment Class Shares
The Securities and Exchange Commission (SEC) issues a notice regarding KKR FS Income Trust's application for an exemption under the Investment Company Act. This would allow certain investment companies to issue multiple classes of shares, each with varying fees. The content includes details on applicant representation and the process required for public hearing requests.
Learn More💼SEC Notice on Co-Investment Application for Business Development Companies
The Securities and Exchange Commission has announced a notice regarding an application that seeks permission for certain business development companies to co-invest in portfolio companies, aiming to streamline investment practices and foster collaboration among investment firms. Interested parties can request a hearing on the matter.
Learn More📈SEC Notice on Investment Company Exemption for Multiple Share Classes
This SEC notice addresses an application under the Investment Company Act for HPS Corporate Lending Fund and affiliates seeking an exemption to issue various classes of shares. It outlines potential hearing processes and relevant contacts while providing a framework for how regulated entities may adjust their share issuance practices.
Learn More📈SEC Notice on Joint Transactions for Investment Companies
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.
Learn More📈SEC Notice on Co-Investment Approval for Business Development Companies
The SEC has issued a notice regarding an application by Sixth Street Specialty Lending and others for an order under the Investment Company Act, allowing certain business development companies to co-invest in portfolio companies, facilitating streamlined investment processes compared to past approvals.
Learn More💼SEC Notice on Co-Investment for Business Development Companies
The SEC has issued a notice regarding an application from various business development companies for permission to co-invest in portfolio companies alongside affiliated investment entities. The notice outlines streamlined procedures compared to previous orders and details applicant information. The application aims to facilitate joint financial ventures and improve investment strategies in compliance with SEC regulations.
Learn More🤝SEC Notice on Co-Investment Opportunities for Business Development Companies
The SEC issued a notice allowing certain business development companies to co-invest in portfolio companies, enhancing collaborative investment strategies. The application includes multiple LAGO entities seeking regulatory relief from restrictions under the Investment Company Act, thereby promoting joint investment opportunities beneficial for growth and diversification.
Learn More📈SEC Notice for Exemption on Issuing Multiple Share Classes
The SEC has issued a notice regarding an application from North Haven Private Income Fund LLC and others for an exemption under the Investment Company Act of 1940. This exemption would allow investment companies to issue various classes of shares with differing sales loads and fees, potentially altering the structure of financial services within the business development sector.
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