[Federal Register Volume 88, Number 207 (Friday, October 27, 2023)]
[Notices]
[Page 73919]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2023-23764]
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SECURITIES AND EXCHANGE COMMISSION
[Investment Company Act Release No. 35036; File No. 812-15398]
26North BDC, Inc., et al.
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 permit 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: 26North BDC, Inc., 26North Direct Lending LP, 26North
Direct Lending II LP, Tidal Notes Issuer LLC, Gemini Notes Issuer LLC,
Jordan Notes Issuer LLC, Ripple Notes Issuer LLC, Chestnut Notes Issuer
LLC and Element Notes Issuer LLC.
Filing Dates: The application was filed on October 20, 2022, and
amended on February 2, 2023, and August 2, 2023.
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 November
13, 2023 and should be accompanied by proof of service on the
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:
[email protected], [email protected], and
[email protected].
FOR FURTHER INFORMATION CONTACT: Stephan N. Packs, Senior Counsel, or
Terri G. Jordan, 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 August 2, 2023, 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.
Dated: October 24, 2023.
Sherry R. Haywood,
Assistant Secretary.
[FR Doc. 2023-23764 Filed 10-26-23; 8:45 am]
BILLING CODE 8011-01-P