[Federal Register Volume 89, Number 141 (Tuesday, July 23, 2024)]
[Notices]
[Pages 59787-59788]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2024-16072]


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SECURITIES AND EXCHANGE COMMISSION

[Investment Company Act Release No. 35279; 812-15569]


CION Grosvenor Infrastructure Fund and CION Grosvenor Management, 
LLC

July 17, 2024.
AGENCY: Securities and Exchange Commission (``Commission'' or ``SEC'').

ACTION: Notice.

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    Notice of an application for an order pursuant to section 6(c) of 
the Investment Company Act of 1940 (the ``Act'') for an exemption from 
sections 18(a)(2), 18(c), and 18(i) of the Act, pursuant to sections 
6(c) and 23(c) of the Act for an exemption from rule 23c-3 under the 
Act, and pursuant to section 17(d) of the Act and rule 17d-1 
thereunder.
    Summary of Application: Applicants request an order to permit 
certain registered closed-end investment companies to issue multiple 
classes of shares and to impose early withdrawal charges and asset-
based distribution and/or service fees.
    Applicants: CION Grosvenor Infrastructure Fund and CION Grosvenor 
Management, LLC.
    Filing Dates: The application was filed on April 26, 2024, and 
amended on May 16, 2024, and July 3, 2024.
    Hearing or Notification of Hearing: An order granting the requested 
relief will be issued unless the Commission orders a hearing. 
Interested persons may

[[Page 59788]]

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 August 12, 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.

ADDRESSES: The Commission: [email protected]. Applicants: 
Patrick T. Quinn, Esq., CION Grosvenor Infrastructure Fund, 
[email protected], with copies to Ryan P. Brizek, Esq., 
Simpson Thacher & Bartlett LLP, [email protected], John Dikmak, 
Simpson Thacher & Bartlett LLP, [email protected], Mary 
Richardson, Simpson Thacher & Bartlett LLP, [email protected], 
and Wale Oriola, Simpson Thacher & Bartlett LLP, 
[email protected].

FOR FURTHER INFORMATION CONTACT: Trace W. Rakestraw, Senior Special 
Counsel, 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' application, 
dated July 3, 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 https://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. 2024-16072 Filed 7-22-24; 8:45 am]
BILLING CODE 8011-01-P