SEC Issues Notice on Nilsine Partners Co-investment Order Application
The notice concerns Nilsine Partners NP1X Fund, its affiliates and any BDCs or closed-end investment companies seeking co-investment permission, with hearing requests due Nov. 16, 2026.
The Securities and Exchange Commission announced a notice of application for an order under sections 17(d) and 57(i) of the Investment Company Act of 1940 and rule 17d-1. The order would permit certain business development companies and closed-end management investment companies to co-invest in portfolio companies with each other and with designated affiliated investment entities.
Applicants are Nilsine Partners NP1X Fund, Nilsine Partners, LLC, and affiliated entities identified in Appendix A of the filing. The original application was filed on February 18, 2026, and subsequently amended on July 15, 2026 and September 14, 2026.
The Commission will issue an order granting the requested relief unless it orders a hearing. Interested persons may request a hearing by emailing the SEC's Secretary and serving the applicants, with requests required by 5:30 p.m., Eastern time, on November 16, 2026, and must include proof of service.
Requests for hearing notifications should also be sent to the SEC's Secretary. For further information, contact Senior Counsel Kris Guidroz or Senior Special Counsel Adam Large at (202) 551-6720.
The notice directs parties to the SEC's website or the EDGAR system to review the second amended application dated September 14, 2026. An order will be issued absent a hearing.
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