BDCs feel squeeze on liquidity as SEC rejects plea for relief

By Michelle D'Souza

Thursday, February 06, 2020

Sources say that the chances of relief being granted to business development companies over the acquired fund fees and expenses (AFFE) rule are slim. Last month, industry body Coalition for Business Development stated optimistically that the “harm caused by the AFFE disclosure can be remedied in the final fund of funds rules”.

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TAGS: Direct lending Regulation BDC North America

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