2026-04813NoticeWallet

WhiteHorse Finance Seeks SEC Nod to Pool Cash with Forbidden Friends

Published Date: 3/12/2026

Notice

Summary

WhiteHorse Finance and its partners want permission to team up and invest together in certain companies, which they usually can’t do under current rules. This change affects business development companies and investment funds linked to WhiteHorse, potentially making their investments bigger and better. If no one objects by April 3, 2026, the SEC will likely approve this move, opening doors for smoother joint deals.

Analyzed Economic Effects

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

WhiteHorse Funds Allowed to Co‑Invest

WhiteHorse Finance, certain business development companies (BDCs), and affiliated closed-end investment companies asked the SEC for permission to co-invest in the same portfolio companies with each other and with certain affiliated investment entities. The application was filed on August 25, 2025, amended February 23, 2026, and the SEC will issue the order unless a hearing is requested by April 3, 2026.

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Key Dates

Published Date
3/12/2026

Department and Agencies

Department
Independent Agency
Agency
Securities and Exchange Commission
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