[Federal Register Volume 87, Number 232 (Monday, December 5, 2022)]
[Notices]
[Page 74464]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2022-26330]


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SECURITIES AND EXCHANGE COMMISSION

[Investment Company Act Release No. 34766; File No. 812-15361]


Varagon Capital Corporation, et al.

November 29, 2022.
AGENCY:  Securities and Exchange Commission (``Commission'' or 
``SEC'').

ACTION:  Notice.

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    Notice of application for an 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 supersede a 
previous order granted by the Commission that permits certain business 
development companies 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., VCC Equity Holdings, LLC, VCC Funding, LLC, 
Varagon Structured Notes Issuer, LLC, VIVA Fund I, L.P., VCP Holding I, 
L.P., VCP Holding II, L.P., VCAP Cayman (L), L.P., VCAP Cayman (L) SPV-
1, L.P., and VCAP Cayman (U), L.P.

Filing Dates: The application was filed on June 28, 2022 and amended on 
September 29, 2022 and November 14, 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 Commission'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 December 
21, 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: 
Varagon Capital Corporation, [email protected]; Anne G. Oberndorf, 
sutherland.com">AnneOberndorf@eversheds-sutherland.com.

FOR FURTHER INFORMATION CONTACT: Barbara T. Heussler, Senior Counsel, 
or Trace W. Rakestraw, 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' second amended 
and restated application, dated November 14, 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.

Sherry R. Haywood,
Assistant Secretary.
[FR Doc. 2022-26330 Filed 12-2-22; 8:45 am]
BILLING CODE 8011-01-P