SEC Considers Allowing Funds to Co-Invest in Key Deals
Published Date: 12/31/2025
Notice
Summary
Lafayette Square USA and its partners want permission to team up and invest together in certain companies, even though current rules usually say no. This change would let business development companies and investment funds co-invest, potentially making deals smoother and more profitable. If no one objects by January 20, 2026, the SEC will approve this, affecting investors and fund managers with no immediate cost changes.
Analyzed Economic Effects
1 provisions identified: 1 benefits, 0 costs, 0 mixed.
SEC OKs Co‑Investing by BDCs
The SEC is set to allow certain business development companies (BDCs) and closed-end management investment companies to co-invest with each other and with certain affiliated investment entities under sections 17(d) and 57(i) and rule 17d-1 of the Investment Company Act. If no hearing is requested by 5:30 p.m. on January 20, 2026, the Commission will issue the order. The notice says this change affects investors and fund managers and that no immediate cost changes are expected.
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