[Federal Register Volume 90, Number 52 (Wednesday, March 19, 2025)]
[Notices]
[Pages 12875-12876]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2025-04647]


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SECURITIES AND EXCHANGE COMMISSION

[Investment Company Act Release No. 35499; File No. 812-15707]


Jefferies Credit Management LLC and Jefferies Credit Partners BDC 
Inc.

March 14, 2025.
AGENCY: Securities and Exchange Commission (``Commission'' or ``SEC'').

ACTION: Notice.

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    Notice of an application under Section 6(c) of the Investment 
Company Act of 1940 (``Act'') for an exemption from Sections 18(a)(2), 
18(c), 18(i), and 61(a) of the Act.

Summary of Application:  Applicants request an order to permit certain 
registered closed-end investment companies that have elected to be 
regulated as business development companies to issue multiple classes 
of shares with varying sales loads and asset-based distribution and/or 
service fees.

Applicants:  Jefferies Credit Management LLC and Jefferies Credit 
Partners BDC Inc.

Filing Dates:  The application was filed on February 24, 2025 and 
amended on March 13, 2025 and March 14, 2025.

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 April 8, 2025 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: Adam 
Klepack, Esq., General Counsel, Jefferies Finance LLC, 520 Madison 
Avenue, 12th Floor, New York, New York 10022; Ryan P. Brizek, Esq.,

[[Page 12876]]

Simpson Thacher & Bartlett LLP, 900 G Street NW, Washington, DC 20001.

FOR FURTHER INFORMATION CONTACT: Laura J. Riegel, 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 March 14, 2025, 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/companysearch. You 
may also call the SEC's Office of Investor Education and Advocacy at 
(202) 551-8090.
    For the Commission, by the Division of Investment Management, under 
delegated authority.

Vanessa A. Countryman,
Secretary.
[FR Doc. 2025-04647 Filed 3-18-25; 8:45 am]
BILLING CODE 8011-01-P