SEC Considers Letting Capital Firms Team Up Investments
Published Date: 8/28/2025
Notice
Summary
Main Street Capital and its related companies want permission to team up and invest together in the same businesses, which usually isn’t allowed. This change helps them work smarter and share opportunities, potentially boosting their investments. If no one objects by September 19, 2025, the SEC will approve this move, affecting investors and the companies involved.
Analyzed Economic Effects
1 provisions identified: 1 benefits, 0 costs, 0 mixed.
SEC May Allow Main Street Funds to Co‑Invest
Main Street Capital Corporation and listed affiliates asked the SEC for an order under sections 17(d) and 57(i) and rule 17d-1 to allow certain business development companies and closed-end management investment companies to co-invest in the same portfolio companies and with certain affiliated investment entities. The application was filed May 21, 2025 and amended August 14, 2025. If no hearing is ordered, the SEC will issue the order unless a hearing request is received by 5:30 p.m. on September 19, 2025.
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