2025-02064Notice

Infrastructure Funds Ask SEC to Bend Rules for Joint Investments

Published Date: 1/31/2025

Notice

Summary

ISQ Infrastructure Income Fund and its partners asked the SEC for permission to team up and invest together in the same companies, even though rules usually say they can’t. This change lets several investment groups pool their money to grow bigger and smarter, potentially boosting returns. The SEC is reviewing this request, which could affect how these funds invest starting soon and might impact investors’ money moves.

Analyzed Economic Effects

1 provisions identified: 1 benefits, 0 costs, 0 mixed.

Funds Allowed to Co‑Invest Together

If you own investment funds that invest in business development companies (BDCs) or closed‑end management investment companies, the SEC is considering an application (filed August 19, 2024 and amended January 2, 2025) to allow those funds to co‑invest with each other and with certain affiliated investment entities. If the SEC grants the requested order, those funds could pool money together and potentially boost returns for their investors; interested persons had until February 24, 2025 to request a hearing on the application.

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Key Dates

Published Date
1/31/2025

Department and Agencies

Department
Independent Agency
Agency
Securities and Exchange Commission
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