[Federal Register Volume 89, Number 146 (Tuesday, July 30, 2024)]
[Notices]
[Pages 61223-61224]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2024-16747]


-----------------------------------------------------------------------

SECURITIES AND EXCHANGE COMMISSION

[Investment Company Act Release No. 35286; File No. 812-15515]


Overland Advantage, et al.

July 25, 2024.
AGENCY: Securities and Exchange Commission (``Commission'' or ``SEC'').

ACTION: Notice.

-----------------------------------------------------------------------

    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 permit 
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: Overland Advantage, Overland Advisors, LLC, 
Centerbridge Partners, L.P., Centerbridge Advisors IV, LLC, 
Centerbridge Advisors V, LLC, Centerbridge Credit Advisors, L.L.C., 
Centerbridge Credit Funding Advisors, LLC, Centerbridge Flex Advisors, 
L.L.C., Centerbridge Martello Advisors, L.L.C., Centerbridge Partners 
Real Estate Advisors II, LLC, CB NC Co-Invest GP, L.P., CB LDV GP, 
L.P., Centerbridge Special Credit Advisors IV, L.L.C., Overland 
Advantage Fund Advisor, LLC, CB LDV Co-Invest, L.P., CB NC Co-Invest, 
L.P., CCP Credit Acquisition Holdings, L.L.C., CCP IV AIV I, L.P., CCP 
IV AIV III, L.P., Centerbridge Capital Partners IV, L.P., Centerbridge 
Capital Partners IV (Cayman), L.P., Centerbridge Capital Partners SBS 
IV (Cayman), L.P., Centerbridge Capital Partners SBS IV, L.P., 
Centerbridge

[[Page 61224]]

Capital Partners V, L.P., Centerbridge Credit CS, L.P., Centerbridge 
Credit Funding 1, Ltd., Centerbridge Credit Funding II, Ltd., 
Centerbridge Credit Partners Master CapSol AIV, L.P., Centerbridge 
Credit Partners Master, L.P., Centerbridge Credit Partners Offshore, 
Ltd., Centerbridge Credit Partners TE, L.P., Centerbridge Credit 
Partners, L.P., Centerbridge Flex Partners Cayman, L.P., Centerbridge 
Flex Partners, L.P., Centerbridge Flex Partners Master, L.P., 
Centerbridge FP Co-Invest Master Fund, L.P., Centerbridge FP Co-Invest 
Fund, L.P., Centerbridge Partners Real Estate Fund II, L.P., 
Centerbridge Partners Real Estate Fund SBS II, L.P., Centerbridge 
Special Credit Partners IV--I Co-Invest, L.P., Centerbridge Special 
Credit Partners IV Cayman, L.P., Centerbridge Special Credit Partners 
IV Master CapSol AIV, L.P., Centerbridge Special Credit Partners IV 
Master, L.P., Centerbridge Special Credit Partners IV, L.P., CPREF II 
AIV I, L.P., CPREF II AIV II--A, L.P., CPREF II AIV II--B, L.P., CPREF 
II AIV III, L.P., CPREF II AIV IV, L.P., CPREF II Cayman, L.P., Credit 
and SCIII General Partner, L.L.C., CSCP IV CapSol AIV--A, L.P., CSCP IV 
CapSol AIV--B, L.P., Park Blue CLO 2022-I, Ltd., Park Blue CLO 2022-II, 
Ltd., Park Blue CLO 2023-III, Ltd., Park Blue CLO 2023-IV, Ltd., 
Overland Advantage Feeder Fund, L.P., Overland Advantage SBS, L.P., and 
Overland Advisors Holdings, LLC.
    Filing Dates: The application was filed on October 16, 2023 and 
amended on March 4, 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, 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 
19, 2024, 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: 
Susanne V. Clark, [email protected]; Kenneth E. Young, Esq., 
[email protected]; William J. Bielefeld, Esq., 
[email protected].

FOR FURTHER INFORMATION CONTACT: Jill Ehrlich, Senior Counsel, or Lisa 
Reid Ragen, 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 March 4, 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.
Sherry R. Haywood,
Assistant Secretary.
[FR Doc. 2024-16747 Filed 7-29-24; 8:45 am]
BILLING CODE 8011-01-P