[Federal Register Volume 89, Number 172 (Thursday, September 5, 2024)]
[Notices]
[Pages 72454-72455]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2024-19904]


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SECURITIES AND EXCHANGE COMMISSION

[Investment Company Act Release No. 35310; File No. 812-15523]


CION Grosvenor Infrastructure Fund, et al.

August 30, 2024.
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 and closed-end management investment 
companies to co-invest in portfolio companies with each other and with 
certain affiliated investment entities.

Applicants:  CION Grosvenor Infrastructure Fund, CION Grosvenor 
Infrastructure Master Fund, LLC, CION Grosvenor Management, LLC, 
Grosvenor Capital Management, L.P., GCM Customized Fund Investment 
Group, L.P., GCM--Asga Infra Investment Holdings, L.P., GCM Blue Sails 
Infrastructure Offshore Opportunities Master Fund, L.P., GCM Grosvenor 
Cedar Infrastructure Investment Fund 2021 (Master), L.P., Alpha Z 
Infrastructure VI (Master), L.P., Electrical Workers Infrastructure 
Fund, L.P., GCM Grosvenor J Infrastructure Investment Fund 2024 (EURO) 
(Master), L.P., GCM Grosvenor J Infrastructure Investment Fund 2024 
(USD) (Master), L.P., GCM Grosvenor J Infrastructure Investment Fund 
2023 (EURO) (Master), L.P., GCM Grosvenor J Infrastructure Investment 
Fund 2023 (USD) (Master), L.P., 2021 Infrastructure Compartment 
(Master), a Sub-Fund of Vertuo (Master) S.C.Sp SICAV-RAIF, GCM 
Grosvenor--NPS Infrastructure Asia, L.P., GCM Grosvenor--NPS 
Infrastructure III, L.P (2022-1 Investment Series), GCM Grosvenor KB 
Infra Investments, L.P., GCM U.S. Partnership Opportunities, L.P., GCM 
Grosvenor Pacific, L.P. (2020-1 Investment Series), LTV Infrastructure 
(GCM) (Master), L.P. (2022-1 Investment Series), GCM Grosvenor 
Infrastructure Investment Program, L.P. (2022-1 Investment Series), 
Texas Emerging Managers Private Markets Program, L.P., GCM WPP Global 
Infrastructure, L.P., GCM Grosvenor Multi-Asset Class Master Fund III, 
L.P., GCM Grosvenor Infrastructure Opportunities Fund, SCSp, GCM 
Grosvenor--Osool Investments, L.P., GCM Grosvenor Nest Sammelstiftung 
II, L.P. (2023-1 Investment Series), GCM Grosvenor Customized 
Infrastructure Strategies III, L.P, and GCM Grosvenor Infrastructure 
Advantage Fund II, L.P.

Filing Dates:  The application was filed on November 17, 2023, and 
amended on April 17, 2024 and July 25, 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

[[Page 72455]]

address is listed for the relevant Applicant below.
    Hearing requests should be received by the Commission by 5:30 p.m. 
on September 24, 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: Aaron 
Gilbride, [email protected], Laura Ferrell, [email protected], 
Joel Cavanaugh, [email protected], Girish S. Kashyap, 
[email protected].

FOR FURTHER INFORMATION CONTACT: Deepak T. Pai, Senior Counsel, or 
Thomas Ahmadifar, 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 July 25, 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, 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. 2024-19904 Filed 9-4-24; 8:45 am]
BILLING CODE 8011-01-P