[Federal Register Volume 89, Number 44 (Tuesday, March 5, 2024)]
[Notices]
[Page 15915]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2024-04547]


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SECURITIES AND EXCHANGE COMMISSION

[Investment Company Act Release No. 35150; File No. 812-15381]


First Trust Real Assets Fund, et al.

February 28, 2024.
AGENCY: Securities and Exchange Commission (``Commission'' or ``SEC'').

ACTION: Notice.

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    Notice of application for an order under section 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 
section 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: First Trust Real Assets Fund; First Trust Private 
Credit Fund; First Trust Private Assets Fund; First Trust Alternative 
Opportunities Fund; Infinity Core Alternative Fund; Destiny Alternative 
Fund LLC; First Trust Hedged Strategies Fund; First Trust Capital 
Management L.P.; FT Alternative Platform I LLC; FT Offshore I LP; VCM 
Core Opportunities Fund LLC; FT Private Investment Platform I LLC; FT 
Real Estate Platform I LLC; Cornerstone Diversified Portfolio LP; 
Highland Capital Management Institutional Fund II LLC; Destiny 
Alternative Fund II LLC; CP Special Assets Fund LLC; Park Shore Multi 
Asset Strategy Fund LLC; FT Vest Hedged Equity Enhanced Income Fund 
LLC; Destiny Target Outcome Fund 2024-1 LLC; and Vivaldi Capital 
Management LP.
    Filing Dates: The application was filed on August 23, 2022, and 
amended on January 19, 2023, and February 7, 2024.
    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, to the email address 
listed below for the relevant Applicant. Hearing requests should be 
received by the Commission by 5:30 p.m. on March 25, 2024 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: Marc 
D. Bassewitz, Esq., [email protected], and Veena K. 
Jain, Esq., [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 February 7, 2024, 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. 2024-04547 Filed 3-4-24; 8:45 am]
BILLING CODE 8011-01-P