Assertion: fund's security | /r/HasProperty | issued by a portfolio company
Facets:
Source sentences:
text: The staff is of the view that if, following the election of BDC status, the BDC holds securities issued by a Portfolio Company controlled by a BDC Affiliate, the BDC and the BDC Affiliate may be participating in a “joint enterprise or other joint arrangement or profit-sharing plan” within the meaning of section 57(a)(4) of the Investment Company Act and rule 17d-1 under that Act (“Joint Transaction”).