[Federal Register Volume 87, Number 158 (Wednesday, August 17, 2022)]
[Notices]
[Page 50673]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2022-17659]


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SECURITIES AND EXCHANGE COMMISSION

[Investment Company Act Release No. 34672; File No. 812-15349]


Varagon Capital Corporation, et al.

August 11, 2022.
AGENCY: Securities and Exchange Commission (``Commission'' or ``SEC'').

ACTION: Notice.

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    Notice of application for an order (``Order'') under sections 17(d) 
and 57(i) of the Investment Company Act of 1940 (the ``Act'') and rule 
17d-1 under the Act to permit certain joint transactions otherwise 
prohibited by sections 17(d) and 57(a)(4) of the Act and rule 17d-1 
under the Act.

SUMMARY OF APPLICATION: Applicants request an order to amend a previous 
order granted by the Commission that permits certain business 
development companies (``BDCs'') and closed-end management investment 
companies to co-invest in portfolio companies with each other and with 
certain affiliated investment entities.

APPLICANTS: Varagon Capital Corporation, VCC Advisors, LLC, Varagon 
Capital Partners, L.P., Varagon Structured Notes Issuer, LLC, VCAP 
Cayman (L), L.P., VCAP Cayman (L) SPV-1, L.P., VCAP Cayman (U), L.P., 
VCP Holding I, L.P., VCP Holding II, L.P., VIVA Fund I, L.P., VCC 
Equity Holdings, LLC, and VCC Funding, LLC.

FILING DATES:  The application was filed on June 15, 2022, and amended 
on August 8, 2022.

HEARING OR NOTIFICATION OF HEARING:  An order granting the requested 
relief will be issued unless the Commission orders a hearing. 
Interested persons may request a hearing on any application by emailing 
the SEC's Secretary at [email protected] and serving the 
Applicants with a copy of the request by email, if an email address is 
listed for the relevant Applicant below, or personally or by mail, if a 
physical address is listed for the relevant Applicant below. Hearing 
requests should be received by the Commission by 5:30 p.m. on, 
September 6, 2022, and should be accompanied by proof of service on 
applicants, in the form of an affidavit or, for lawyers, a certificate 
of service. Pursuant to rule 0-5 under the Act, hearing requests should 
state the nature of the writer's interest, any facts bearing upon the 
desirability of a hearing on the matter, the reason for the request, 
and the issues contested. Persons who wish to be notified of a hearing 
may request notification by emailing the Commission's Secretary at 
[email protected].

ADDRESSES: The Commission: [email protected]. Applicants: Afsar 
Farman-Farmaian, Esq., Varagon Capital Corporation, at [email protected], and Steven B. Boehm, Esq., Payam Siadatpour, 
Esq., and Anne G. Oberndorf, Esq., Eversheds Sutherland (US) LLP, at 
[email protected].

FOR FURTHER INFORMATION CONTACT: Kaitlin C. Bottock, Branch Chief, at 
(202) 551-6825 (Division of Investment Management, Chief Counsel's 
Office).

SUPPLEMENTARY INFORMATION: For Applicants' representations, legal 
analysis, and conditions, please refer to Applicants' first amended and 
restated application, dated August 8, 2022, which may be obtained via 
the Commission's website by searching for the file number at the top of 
this document, or for an Applicant using the Company name search field, 
on the SEC's EDGAR system. The SEC's EDGAR system may be searched at, 
http://www.sec.gov/edgar/searchedgar/legacy/companysearch.html. You may 
also call the SEC's Public Reference Room at (202) 551-8090.
    For the Commission, by the Division of Investment Management, under 
delegated authority.

J. Matthew DeLesDernier,
Deputy Secretary.
[FR Doc. 2022-17659 Filed 8-16-22; 8:45 am]
BILLING CODE 8011-01-P