2025-09958Notice

Investment Funds Get SEC Nod to Pool Resources Together

Published Date: 6/3/2025

Notice

Summary

Coatue Innovation Fund and its partners asked the SEC for permission to team up and invest together in the same companies, which usually isn’t allowed. This change would let certain investment groups pool their money to back businesses side-by-side, potentially boosting their impact. If no one objects by June 23, 2025, the SEC will approve this move, which could shake up how these funds invest.

Analyzed Economic Effects

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

SEC May Allow Funds To Co‑Invest

The SEC received an application asking permission to let certain business development companies (BDCs) and closed-end management investment companies co-invest side-by-side with each other and with certain affiliated investment entities. The application was filed May 2, 2025 (amended May 23, 2025), and the SEC will issue the order unless a hearing is requested by 5:30 p.m. on June 23, 2025.

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Key Dates

Published Date
6/3/2025

Department and Agencies

Department
Independent Agency
Agency
Securities and Exchange Commission
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