🤝SEC Notice on Co-Investment Order for Nuveen Churchill Corp
The SEC issued a notice regarding an application from Nuveen Churchill Direct Lending Corp. and related companies for an order permitting co-investment in portfolio companies. The application aims to allow specific business development companies and closed-end investment firms to collaborate, potentially leading to broader investment strategies and enhanced financial growth opportunities.
Learn More📈SEC Notice on Investment Company Act Exemption for Share Classes
The SEC issued a notice regarding an application for exemption under the Investment Company Act, allowing specified investment companies to issue multiple share classes with different fees. The application was submitted by Star Mountain Lower Middle-Market Capital Corp. and Star Mountain Fund Management, LLC, and interested parties may request a hearing on the matter.
Learn More📈FINRA Rule Changes for Business Development Companies and IPO Access
The notice discusses the SEC's approval of FINRA's proposed rule change allowing specific business development companies (BDCs) to access new issues without traditional restrictions. The change aims to facilitate investment diversification and enhance capital formation while maintaining investor protections inherent in the Investment Company Act.
Learn More🤝SEC Notice on Co-Investment for Business Development Companies
The SEC issued a notice regarding BIP Ventures Evergreen BDC's application for an order permitting certain joint transactions among business development companies and affiliated investment entities. This regulatory approval aims to allow co-investment opportunities, which may foster collaboration and enhance investment strategies.
Learn More📈SEC Notice for Joint Investment Applications by BDCs
The SEC has issued a notice regarding an application for an order that allows certain business development companies and closed-end management investment companies to co-invest in portfolio companies. The application aims to permit joint transactions typically prohibited by regulations under the Investment Company Act of 1940. Interested parties may request a hearing regarding this application.
Learn More💼SEC Notice on Co-Investment Application for BDCs
The SEC issues a notice regarding an application from LAGO Evergreen Credit and affiliated entities seeking permission for joint transactions prohibited under the Investment Company Act of 1940. This enables certain business development companies to co-invest with each other and affiliated entities, subject to specific conditions outlined in the application.
Learn More📈SEC Notice for Co-Investment Opportunities for BDCs
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.
Learn More💼SEC Notice on Co-Investment Application for Business Development Companies
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.
Learn More📈SEC Notice on Coatue Innovation Fund's Co-Investment Application
The SEC has issued a notice regarding the Coatue Innovation Fund's application for an order that would allow certain business development companies and associated investment entities to co-invest in portfolio companies, permitting transactions typically restricted under the Investment Company Act of 1940. The document outlines the application details and implications for involved parties.
Learn More📈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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