📊SEC Seeks Comments on Rule 30e-3 for Investment Companies
The SEC announces a proposed collection of information under Rule 30e-3, which allows registered investment companies to provide shareholder reports on their websites. This notice invites comments on the rule's necessity, burden estimates, and ways to improve the collection process, aiming to streamline shareholder communication and compliance.
Learn More📈SEC Proposes Collection of Information Under Rule 23c-2
The SEC is soliciting comments on the reinstatement of information collection under Rule 23c-2, which governs the redemption and calling of securities by closed-end funds. The rule mandates specific reporting requirements aimed at ensuring fairness among shareholders and compliance with regulatory standards.
Learn More📈SEC Notice on Joint Transactions for Business Development Companies
The SEC issued a notice regarding an application from Banner Ridge DSCO Private Markets Fund and associates, seeking authorization to allow certain business development companies to co-invest in portfolio companies. This decision could facilitate more collaborative investment strategies and broaden funding opportunities within the private markets.
Learn More🏦SEC Notice on Co-Investment for Business Development Companies
The SEC has issued a notice regarding the application from ISQ OpenInfra Income Fund and associated firms, seeking an order that would allow certain business development companies to co-invest in portfolio companies. This application aims to address joint transactions that are currently prohibited under the Investment Company Act of 1940, requiring potential authorization from the SEC.
Learn More💼SEC Notice on Partners Group Private Equity Co-Investment Approval
This notice from the SEC pertains to an application by Partners Group Private Equity and related companies seeking an order to permit joint transactions among business development companies and affiliated investment entities, allowing for strategic co-investment opportunities in portfolio companies.
Learn More💼SEC Notice on Co-Investment for Business Development Companies
The Securities and Exchange Commission released a notice regarding an application from Ellington Credit Company and affiliates. The application seeks an order to allow certain business development companies and investment firms to co-invest in portfolio companies, potentially altering the landscape for joint transactions under the Investment Company Act.
Learn More📈SEC Notice on Exemption for Investment Fund Share Classes
The Securities and Exchange Commission has issued a notice regarding an application for an exemption under the Investment Company Act, allowing registered funds to issue multiple classes of shares with different sales loads and fees. Interested parties can request a hearing on the matter before July 28, 2025.
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📉Notice of Applications for Deregistration Under Investment Company Act
Applicant, a closed-end investment company, seeks an order declaring that it has ceased to be an investment company. On September 27, 2025, applicant made liquidating distributions to its shareholders based on net asset value. Expenses of $44,294 incurred in connection with the liquidation were paid by the applicant. Filing Dates: The application was filed on February 13, 2025 and amended on May 13, 2025. Applicant's Address: 660 Fifth Avenue, Level 15, New York, New York 10103.
Learn More💼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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