[Federal Register Volume 90, Number 103 (Friday, May 30, 2025)]
[Notices]
[Pages 23094-23095]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2025-09828]
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SECURITIES AND EXCHANGE COMMISSION
[Investment Company Act Release No. 35567A; File No. 812-15726]
Blackstone Private Credit Fund, et al.
May 27, 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.\1\
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\1\ The Commission issued a notice of application on May 5,
2025, Release No. IC-35567 (``Notice''). Due to a clerical error,
the Notice was published with the incorrect file number. Therefore,
the Commission is publishing this corrected notice in the Federal
Register.
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Applicants: Blackstone Private Credit Fund, Blackstone Secured
Lending Fund, Blackstone Private Multi-Asset Credit and Income Fund,
Blackstone Long-Short Credit Income Fund, Blackstone Senior Floating
Rate 2027 Term Fund, Blackstone Strategic Credit 2027 Term Fund,
Blackstone Private Real Estate Credit and Income Fund, Blackstone
Alternative Investment Advisors LLC, Blackstone CLO Management LLC
(Management Series), Blackstone Credit BDC Advisors LLC, Blackstone
Infrastructure Advisors L.L.C., Blackstone Ireland Fund Management
Limited, Blackstone Ireland Limited, Blackstone Liquid Credit Advisors
I LLC, Blackstone Liquid Credit Strategies LLC, Blackstone Private
Credit Strategies LLC, Blackstone Private Investments Advisors L.L.C.,
Blackstone Real Estate Special Situations Advisors L.L.C., BX REIT
Advisors L.L.C., BXMT Advisors L.L.C., Clarus Ventures, LLC, certain of
their wholly-owned subsidiaries, joint ventures and BDC downstream
funds as described in Appendix A to the application, and certain of
their affiliated entities as described in Appendix B to the
application.
Filing Dates: The application was filed on March 14, 2025, and
amended on April 11, 2025, and April 24, 2025.
[[Page 23095]]
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 June 17,
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: Leon
Volchyok, Esq., Blackstone Inc., [email protected]; Oran
Ebel, Esq., Blackstone Inc., [email protected]; Rajib Chanda,
[email protected]; Kenneth Burdon, [email protected]; and
Jonathan Gaines, [email protected].
FOR FURTHER INFORMATION CONTACT: Adam Large, Senior Special Counsel,
Laura Solomon, 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' second amended
application, dated April 24, 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.html. 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.
Stephanie Fouse,
Assistant Secretary.
[FR Doc. 2025-09828 Filed 5-29-25; 8:45 am]
BILLING CODE 8011-01-P