[Federal Register Volume 87, Number 167 (Tuesday, August 30, 2022)]
[Notices]
[Pages 53038-53039]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2022-18604]
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SECURITIES AND EXCHANGE COMMISSION
[Investment Company Act Release No. 34687; File No. 812-15344-01]
CCOF II Lux Feeder, SCSp, et al.
August 24, 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: CCOF II Lux Feeder, SCSp, Carlyle Secured Lending, Inc.,
Carlyle Credit Solutions, Inc., Carlyle Secured Lending III, Carlyle
Tactical Private Credit Fund, TCG BDC SPV LLC, Carlyle Credit Solutions
SPV LLC, Carlyle Credit Solutions SPV 2 LLC, OCPC Credit Facility SPV
LLC, Carlyle Global Credit Investment Management L.L.C., CSL III
Advisor, LLC, Carlyle CLO Management L.L.C., TCG Senior Funding L.L.C.,
TCG Capital Markets L.L.C., MC UNI LLC, MC UNI Subsidiary LLC, MC UNI
Subsidiary II (Blocker) LLC, CPC V, LP, CPC V SPV LLC, CDL 2018-1,
L.P., CDL 2018-1 SPV LLC, CDL 2018-2, L.P., Carlyle Ontario Credit
Partnership, L.P., Carlyle Ontario Credit SLP L.L.C., Carlyle Ontario
Credit Special Limited Partner, L.P., Carlyle Skyline Credit Fund,
L.P., CDL 2020-3, L.L.C., Carlyle Ontario Credit Partnership Direct
Lending SPV, L.P., Carlyle Skyline Credit Fund, AIV L.P., Carlyle
Clover Partners, L.P., Carlyle Clover Partners 2, L.P., Carlyle
Revolving Loan Fund, L.P., CREV Coinvestment, L.P., CREV Cayman, L.P.,
CREV II Cayman, L.P., Carlyle Falcon Structured Solutions, L.L.C., CREV
II Coinvestment, L.P., Carlyle Aurora Revolving Loan Fund, L.P.,
Carlyle Direct Lending Drawdown CLO 2022-1 Partnership, L.P., Carlyle
Global Market Strategies CLO 2012-3, Ltd., Carlyle Global Market
Strategies CLO 2012-4, Ltd., Carlyle Global Market Strategies CLO 2013-
1, Ltd., Carlyle Global Market Strategies CLO 2013-2, Ltd., Carlyle
Global Market Strategies CLO 2013-3, Ltd., Carlyle Global Market
Strategies CLO 2013-4, Ltd., Carlyle Global Market Strategies CLO 2014-
1, Ltd., Carlyle Global Market Strategies CLO 2014-2-R, Ltd., Carlyle
Global Market Strategies CLO 2014-3-R, Ltd., Carlyle Global Market
Strategies CLO 2014-4-R, Ltd., Carlyle Global Market Strategies CLO
2014-5, Ltd., Carlyle Global Market Strategies CLO 2015-1, Ltd.,
Carlyle Global Market Strategies CLO 2015-2, Ltd., Carlyle Global
Market Strategies CLO 2015-3, Ltd., Carlyle Global Market Strategies
CLO 2015-4, Ltd., Carlyle Global Market Strategies CLO 2015-5, Ltd.,
Carlyle Global Market Strategies CLO 2016-1, Ltd., Carlyle Global
Market Strategies CLO 2016-2, Ltd., Carlyle Global Market Strategies
CLO 2016-3, Ltd., Carlyle US CLO 2016-4, Ltd., Carlyle US CLO 2017-1,
Ltd., Carlyle US CLO 2017-2, Ltd., Carlyle US CLO 2017-3, Ltd., Carlyle
US CLO 2017-4, Ltd., Carlyle US CLO 2017-5, Ltd., Carlyle US CLO 2018-
1, Ltd., Carlyle US CLO 2018-2, Ltd., Carlyle US CLO 2018-3, Ltd.,
Carlyle US CLO 2018-4, Ltd., Carlyle US CLO 2019-1, Ltd., Carlyle US
CLO 2019-2, Ltd., Carlyle US CLO 2019-3, Ltd., Carlyle US CLO 2019-4,
Ltd., Carlyle US CLO 2020-1, Ltd., Carlyle US CLO 2020-A, Ltd., Carlyle
CLO Fund, L.P., Carlyle CLO Equity Fund III Offshore, L.P., Carlyle CLO
Equity Fund III Onshore, L.P., Carlyle CLO Equity Fund III, L.P.,
Carlyle C17 CLO, Ltd., Carlyle US CLO 2020-2, Ltd., Carlyle US CLO
2021-A, Ltd., Carlyle US CLO 2021-3S, Ltd., Carlyle US CLO 2021-4,
Ltd., Carlyle US CLO 2021-5, Ltd., Carlyle US CLO 2021-6, Ltd., Carlyle
US CLO 2021-7, Ltd., Carlyle US CLO 2021-8, Ltd., Carlyle US CLO 2021-
10, Ltd., Carlyle US CLO 2021-9, Ltd., Carlyle US CLO 2021-11, Ltd.,
Carlyle US CLO 2021-J, Ltd., Carlyle US CLO 2022-A, Ltd., Carlyle US
CLO 2022-B, Ltd., Carlyle US CLO 2022-F, Ltd., CBAM 2017-1, Ltd., CBAM
2017-2, Ltd., CBAM 2017-
[[Page 53039]]
3, Ltd., CBAM 2017-4, L.L.C., CBAM 2017-4, Ltd., CBAM 2018-5, Ltd.,
CBAM 2018-6, Ltd., CBAM 2018-7, Ltd., CBAM 2018-8, Ltd., CBAM 2019-9,
Ltd., CBAM 2019-10, Ltd., CBAM 2019-11R, Ltd., CBAM 2020-12, Ltd., CBAM
2020-13, LLC, CBAM 2020-13, Ltd., CBAM 2021-14, Ltd., CBAM 2021-15,
LLC, Carlyle Structured Credit Fund, L.P., Carlyle Structured Credit
Coinvestment, L.P., Carlyle Energy Mezzanine Opportunities Fund II,
L.P., Carlyle Energy Mezzanine Opportunities Fund II-A, L.P., CEMOF II
Coinvestment, L.P., CEMOF II Master Co-Investment Partners, L.P., CEMOF
II Master Co-Investment Partners AIV One, L.P., CEMOF II Master Co-
Investment Partners AIV, L.P., CEMOF-A Coinvestment Partners, L.P.,
CEMOF II AIV, L.P., CEMOF II AIV One, L.P., CEMOF II AIV Two, L.P.,
CEMOF II AIV Three, L.P., CEMOF II AIV Four, L.P., CEMOF II-A AIV,
L.P., CEMOF II-A AIV One, L.P., CEMOF II-A AIV Two, L.P., CEMOF II-A
AIV Three, L.P., CEMOF II-A AIV Four, L.P., CEMOF II Offshore
Investors, L.P., Carlyle Credit Opportunities Fund (Parallel), L.P.,
Carlyle Credit Opportunities Fund, L.P., CCOF Cayman, L.P., CCOF Co-
Investment, L.P., CCOF North Co-Investment, L.P., Carlyle Credit
Opportunities Fund Note Issuer, L.P., Carlyle Credit Opportunities Fund
(Parallel) Note Issuer, L.P., CCOF Gem Co-Investment, L.P., CCOF Master
Cayman Gem Co-Investment, LTD., CCOF Onshore Co-Borrower LLC, CCOF
Master Cayman, Ltd., CCOF S.[agrave] r.l., CCOF Master S.[agrave] r.l.,
GC Lion S.[agrave] r.l., CCOF SPV I S.[agrave] r.l., CCOF Madison JV
S.a r.l., GC Orange S.[agrave] r.l., CCOF Master Co-Investment
S.[agrave] r.l., CCOF Co-Investment S.[agrave] r.l., CCOF Main SPV,
L.P., Carlyle Tango Re Credit, L.P., Carlyle Credit Opportunities Fund
II, L.P., Carlyle Credit Opportunities Fund (Parallel) II, SCSp,
Carlyle Credit Opportunities Fund Ii Note Issuer, L.P., Carlyle Credit
Opportunities Fund (Parallel) II Note Issuer, L.P., CCOF II Co-
Investment, L.P., CCOF II Master, L.P., CCOF II Master Cayman, Ltd.,
CCOF II Onshore SPV, L.P., CCOF II Master S.[agrave] r.l., CCOF II SPV
S.[agrave] r.l., CCOF Master, L.P., CCOF Parallel AIV Investors,
L.L.C., CCOF Parallel AIV, L.P., Carlyle Bravo Opportunistic Credit
Partnership, L.P., Carlyle Bravo Opportunistic Credit Feeder, L.P.,
Carlyle Credit Opportunities Fund (Parallel) AIV, L.P., Carlyle Credit
Opportunities Fund (Parallel) AIV Investors, L.P., Carlyle Credit
Opportunities Fund (Parallel) AIV 2, L.P., Carlyle Credit Opportunities
Fund (Parallel) AIV Investors 2, L.P., Carlyle Credit Opportunities
Fund (Parallel) AIV 3, L.P., Carlyle Credit Opportunities Fund
(Parallel) AIV 4, L.P., Carlyle Credit Opportunities Fund (Parallel)
AIV Investors 3, L.L.C., Carlyle Credit Opportunities Fund (Parallel)
AIV Investors 4, LLC, Carlyle Credit Opportunities Fund (Parallel) II
AIV 3, L.P., Carlyle Credit Opportunities Fund (Parallel) II AIV 4,
L.P., Carlyle Credit Opportunities Fund (Parallel) II AIV Investors 3,
LLC, Carlyle Credit Opportunities Fund (Parallel) II AIV 2, SCSp,
Carlyle Credit Opportunities Fund (Parallel) II AIV, SCSp, CCOF II
Parallel AIV Investors, SCSp, Carlyle Credit Opportunities Fund
(Parallel) II AIV Holdings, L.P., Carlyle Credit Opportunities Fund
(Parallel) II AIV 2 Holdings, L.P. Carlyle Credit Opportunities Fund
II-N, L.P., Carlyle Credit Opportunities Fund II-N Main, L.P., CCOF II
Parallel Irving AIV Investors (Lux), SCSp, CCOF II Lux Feeder Irving
AIV, SCSp, CCOF II Parallel Irving AIV Investors (DE), L.L.C., Carlyle
Credit Opportunities Fund (Parallel) II Irving AIV 2, L.P., Carlyle
Credit Opportunities Fund (Parallel) II Irving AIV, L.P., Carlyle Tango
RE Credit Splitter, L.P., Project Mediaco, L.P., Carlyle Bravo Credit
Investor, LLC, Project Harmony, L.P., Carlyle Spinnaker Partners 2,
L.P., Carlyle Spinnaker Partners 2 Main, L.P., Carlyle Strategic
Partners IV, L.P., CSP IV Coinvestment, L.P., CSP IV Coinvestment
(Cayman), L.P., CSP IV (Cayman 1), L.P., CSP IV Acquisitions, L.P., CSP
IV S-1 AIV, L.P., CSP IV S-1A AIV, L.P., CSP IV S-1B AIV, L.P., CREDIT
Acquisitions (Cayman-3), L.P., CSP IV ARF (Cayman 3), L.P., CSP IV
(Cayman 2), L.P., CSP IV (Cayman 3), L.P., Clover Financing SPV, L.P.,
CSP IV Brawn AIV, L.P., Brawn Coinvest Electing Investors, L.P., CSP IV
Coinvest Brawn Investors, L.P., CSP IV Coinvest Brawn, L.P., CSP IV
(Parallel) AIV I, L.P., CSP IV Credit Investor, LLC, Carlyle
Infrastructure Credit Fund, L.P., Carlyle Infrastructure Credit Fund
Note Issuer, L.P., Carlyle Infrastructure Credit Fund (Parallel), SCSp,
Carlyle Aurora Infrastructure Credit Partners, L.P., Carlyle
Infrastructure Credit Fund (Levered), L.P., Carlyle Cedar
Infrastructure Credit Partners, L.P., CICF Coinvestment, L.P., CICF Lux
Feeder, SCSp, Carlyle Direct Lending CLO 2015-1R LLC, Carlyle Direct
Lending Fund (LEVERED) IV, L.P., Carlyle Direct Lending Fund IV, L.P.,
Carlyle Revolving Loan Fund II, L.P., Carlyle US CLO 2022-G, Ltd., and
Carlyle US CLO 2022-H, Ltd.
DATES: The application was filed on May 27, 2022, and amended on August
1, 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
19, 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: Rajib
Chanda at [email protected] and Christopher Healey at
[email protected].
FOR FURTHER INFORMATION CONTACT: Bruce R. MacNeil, Senior Counsel, or
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 1, 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,
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. 2022-18604 Filed 8-29-22; 8:45 am]
BILLING CODE 8011-01-P