Adrianna Vallee

Proskauer Rose LLP

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Update: SEC Approves Additional Flexibility for Co-Investment Relief for BDCs and Closed-End Funds that Previously Obtained...

On April 29, 2025, the U.S. Securities and Exchange Commission ("SEC") issued an order granting Franklin Square's ("FS") exemptive relief application (the "FS Application") permitting certain business development companies...more

5/22/2025  /  Business Development Companies , Closed-End Funds , Fund Managers , Investment Funds , Investment Management , Private Equity , Regulatory Reform , Regulatory Requirements , Securities and Exchange Commission (SEC) , Securities Regulation

SEC Set to Approve More Flexible Co-Investment Relief for BDCs and Closed-End Funds

On April 3, 2025, the U.S. Securities and Exchange Commission (“SEC”) issued a notice indicating its intent to grant Franklin Square’s (“FS”) exemptive relief application (the “FS Application”) permitting certain business...more

4/25/2025  /  Business Development Companies , Investment Advisers Act of 1940 , Investment Company Act of 1940 , Investment Funds , Investment Management , Private Funds , Registered Funds , Regulatory Reform , Regulatory Requirements , Securities and Exchange Commission (SEC)
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