SBIA files formal comment letter on BDC co-investment transactions.
WASHINGTON, D.C. (February 2, 2022) – The Small Business Investor Alliance (SBIA) has filed a formal comment letter urging Securities and Exchange Commission (SEC) Chair Gary Gensler to make co-investment relief permanent for Business Development Companies (BDCs). The SEC’s current “no-action” approach towards co-investment transactions, which has been extremely helpful to BDCs over the last 20 months, expires on March 31.
About the Small Business Investor Alliance (SBIA)
The Small Business Investor Alliance (SBIA) is the premier organization of lower middle market private equity funds and investors. SBIA works on behalf of its members as a tireless advocate for policies that promote competitive markets and robust domestic investment for growing small businesses. SBIA has been playing a pivotal role in promoting the growth and vitality of the private equity industry for over 60 years. For more information, visit www.SBIA.org or call (202) 628-5055.