2025-05428Notice

SEC Whispers About Wilshire's Private Money Moves

Published Date: 3/31/2025

Notice

Summary

Wilshire Private Assets Fund and its related funds asked the SEC for permission to team up and invest together in companies, even though rules usually say they can’t. This change lets these funds pool their money to chase bigger opportunities and possibly make more money. If approved, it could start soon and affect how these funds manage their investments.

Analyzed Economic Effects

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

Funds Seeking Permission to Co‑Invest

A group of Wilshire funds asked the SEC for an order to let certain business development companies and closed‑end management investment companies co‑invest together in portfolio companies. The application was filed November 29, 2024 and amended February 28, 2025 and March 20, 2025; interested persons could request a hearing by April 21, 2025. If the SEC grants the order, these funds would be allowed to pool money and invest side‑by‑side with affiliated entities.

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Key Dates

Published Date
3/31/2025

Department and Agencies

Department
Independent Agency
Agency
Securities and Exchange Commission
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