Federal Register #812-15994

SEC notice on affiliated investment entities’ co-investment application

The SEC published a notice about an application seeking permission for affiliated investment entities to co-invest in portfolio companies. - Government office: U.S. Securities and Exchange Commission (SEC), Division of Investment Management. - Applicants named: Nilsine Partners NP1X Fund and Nilsine Partners, LLC, along with certain affiliated entities that are not individually identified. - Request: Permission for business development companies and closed-end management investment companies to co-invest in portfolio companies with one another and with affiliated investment entities. - Notable requirement: The requested relief concerns restrictions on certain joint transactions under the Investment Company Act of 1940 and SEC rule 17d-1. The SEC may grant the relief unless it orders a hearing. - Procurement details: No products, services, quantities, part numbers, or OEMs are requested; this is a regulatory notice, not a procurement opportunity.

Description

The applicants request an order permitting certain business development companies and closed-end management investment companies to co-invest in portfolio companies with each other and with certain affiliated investment entities. The application seeks relief from provisions of the Investment Company Act of 1940 and related rule 17d-1 that otherwise prohibit certain joint transactions. The application was filed on February 18, 2026, and amended on July 15 and September 14, 2026. An order granting the requested relief will be issued unless the SEC orders a hearing; hearing requests are due by November 16, 2026.

View original listing