[Federal Register Volume 90, Number 70 (Monday, April 14, 2025)]
[Notices]
[Pages 15597-15598]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2025-06333]
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SECURITIES AND EXCHANGE COMMISSION
[Investment Company Act Release No. 35530; File No. 812-15715]
Blue Owl Capital Corporation, et al.
April 9, 2025.
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 (``BDCs'') and closed-end management
investment companies to co-invest in portfolio companies with each
other and with certain affiliated investment entities. The requested
order includes streamlined terms and conditions as compared to past
comparable orders.
Applicants: Blue Owl Capital Corporation; Blue Owl Capital Corporation
II; Blue Owl Credit Income Corp.; Blue Owl Technology Finance Corp.;
Blue Owl Technology Income Corp.; Blue Owl Alternative Credit Fund;
Blue Owl Credit Advisors LLC; Blue Owl Diversified Credit Advisors LLC;
Blue Owl Technology Credit Advisors LLC; Blue Owl Technology Credit
Advisors II LLC; Blue Owl Credit Private Fund Advisors LLC; Blue Owl
Strategic Equity Advisors LLC; Blue Owl Strategic Equity Partners
Advisors LLC; Blue Owl Alternative Credit Advisors LLC; Blue Owl
Alternative Credit Advisors II LLC; certain of their wholly-owned
subsidiaries as described in Schedule A to the Application; and certain
of their affiliated entities as described in Schedule B to the
Application.
Filing Dates: The application was filed on March 7, 2025, and amended
on March 28, 2025, April 3, 2025, and April 9, 2025.
Hearing or Notification of Hearing: An order granting the requested
relief will
[[Page 15598]]
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 May 5, 2025, 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: Neena
Reddy, Blue Owl Capital Corporation, [email protected] and Anne
G. Oberndorf, Esq., Eversheds Sutherland (US) LLP,
sutherland.com">anneoberndorf@eversheds-sutherland.com.
FOR FURTHER INFORMATION CONTACT: Adam Large, Senior Special Counsel,
Stephan N. Packs, Senior Counsel, or Daniele Marchesani, Assistant
Chief 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' Third Amended and
Restated Application, dated April 9, 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 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.
Sherry R. Haywood,
Assistant Secretary.
[FR Doc. 2025-06333 Filed 4-11-25; 8:45 am]
BILLING CODE 8011-01-P