Sunshine Act Meeting, 64226 [2016-22659]
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64226
Federal Register / Vol. 81, No. 181 / Monday, September 19, 2016 / Notices
submissions. You should submit only
information that you wish to make
available publicly. All submissions
should refer to File Number SR–BX–
2016–049, and should be submitted on
or before October 11, 2016.
For the Commission, by the Division of
Trading and Markets, pursuant to delegated
authority.23
Robert W. Errett,
Deputy Secretary.
[FR Doc. 2016–22416 Filed 9–16–16; 8:45 am]
BILLING CODE 8011–01–P
SECURITIES AND EXCHANGE
COMMISSION
SECURITIES AND EXCHANGE
COMMISSION
[Release No. IC–32259; File No. 812–14602]
OFS Capital Corporation, et al.; Notice
of Application
September 13, 2016.
Securities and Exchange
Commission (‘‘Commission’’).
ACTION: 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 permitting certain joint transactions
otherwise prohibited by sections 17(d)
and 57(a)(4) of the Act and under rule
17d–1 under the Act.
AGENCY:
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Sunshine Act Meeting
Notice is hereby given, pursuant to
the provisions of the Government in the
Sunshine Act, Public Law 94–409, that
the Securities and Exchange
Commission will hold a closed meeting
on Thursday, September 22, 2016 at 2
p.m.
Commissioners, Counsel to the
Commissioners, the Secretary to the
Commission, and recording secretaries
will attend the closed meeting. Certain
staff members who have an interest in
the matters also may be present.
The General Counsel of the
Commission, or her designee, has
certified that, in her opinion, one or
more of the exemptions set forth in 5
U.S.C. 552b(c)(3), (5), (7), 9(B) and (10)
and 17 CFR 200.402(a)(3), (a)(5), (a)(7),
(a)(9)(ii) and (a)(10), permit
consideration of the scheduled matter at
the closed meeting.
Commissioner Piwowar, as duty
officer, voted to consider the items
listed for the closed meeting in closed
session.
The subject matter of the closed
meeting will be:
Institution and settlement of
injunctive actions;
Institution and settlement of
administrative proceedings; and
Other matters relating to enforcement
proceedings.
At times, changes in Commission
priorities require alterations in the
scheduling of meeting items.
For further information and to
ascertain what, if any, matters have been
added, deleted or postponed, please
contact Brent J. Fields from the Office of
the Secretary at (202) 551–5400.
Dated: September 15, 2016.
Brent J. Fields,
Secretary.
[FR Doc. 2016–22659 Filed 9–15–16; 4:15 pm]
BILLING CODE 8011–01–P
23 17
CFR 200.30–3(a)(12).
VerDate Sep<11>2014
21:47 Sep 16, 2016
Jkt 238001
Applicants
request an order to permit certain
business development companies (each,
a ‘‘BDC’’) and certain closed end
investment companies to co-invest in
portfolio companies with each other and
with affiliated investment funds.
APPLICANTS: OFS Capital Corporation
(‘‘OFS BDC’’); Hancock Park Corporate
Income, Inc. (‘‘Hancock BDC’’ and
together with OFS BDC, the ‘‘Existing
Regulated Funds’’); OFS Capital
Management, LLC (‘‘OFS Adviser’’);
OFSI Fund V, LTD., OFSI Fund VI,
LTD., and OFSI Fund VII, LTD. (each an
‘‘Existing Affiliated Fund’’); and OFS
SBIC I LP (the ‘‘Existing SBIC
Subsidiary’’).
FILING DATES: The application was filed
on January 15, 2016, and amended on
June 8, 2016.
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 by writing to the
Commission’s Secretary and serving
applicants with a copy of the request,
personally or by mail. Hearing requests
should be received by the Commission
by 5:30 p.m. on October 11, 2016, 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
writing to the Commission’s Secretary.
ADDRESSES: Secretary, U.S. Securities
and Exchange Commission, 100 F St.
NE., Washington, DC 20549–1090.
Applicants: 10 S. Wacker Drive, Suite
2500, Chicago, Illinois 60606, Attention:
Jeffrey A. Cerny.
SUMMARY OF APPLICATION:
PO 00000
Frm 00101
Fmt 4703
Sfmt 4703
FOR FURTHER INFORMATION CONTACT:
Kieran G. Brown, Senior Counsel, at
(202) 551–6773 or Daniele Marchesani,
Branch Chief, at (202) 551–6821
(Division of Investment Management,
Chief Counsel’s Office).
SUPPLEMENTARY INFORMATION: The
following is a summary of the
application. The complete application
may be obtained via the Commission’s
Web site by searching for the file
number, or for an applicant using the
Company name box, at https://
www.sec.gov/search/search.htm or by
calling (202) 551–8090.
Applicants’ Representations
1. OFS BDC, a Delaware corporation,
is organized as a closed-end
management investment company that
has elected to be regulated as a BDC
under section 54(a) of the Act.1
Applicants state that OFS BDC seeks to
generate both current income and
capital appreciation primarily through
debt investments and, to a lesser extent,
equity investments.
2. Hancock BDC, a Maryland
corporation, was organized on
December 8, 2015, for the purpose of
operating as an externally managed,
closed-end management investment
company which will elect to be
regulated as a BDC under section 54(a)
of the Act. Structured as a private BDC,
Hancock BDC seeks to generate current
income and, to a lesser extent, capital
appreciation primarily through debt
investments and, to a lesser extent,
equity investments.
3. OFS Adviser, a Delaware limited
liability company, is registered with the
Commission as an investment adviser
under the Investment Advisers Act of
1940 (the ‘‘Advisers Act’’) and serves as
investment adviser to the Existing
Regulated Funds.
4. Each of the Existing Affiliated
Funds is a Cayman ‘‘collateralized loan
obligation’’ fund for which OFS Adviser
acts as the adviser pursuant to a
collateral management agreement
between the relevant Existing Affiliated
Fund and OFS Adviser. The Existing
Affiliated Funds’ portfolios are
comprised predominantly of senior
secured ‘‘club’’ and syndicated loans
made to U.S. companies (both public
and private). In reliance on the
exclusion from the definition of
‘‘investment company’’ provided by
section 3(c)(1) or 3(c)(7) of the 1940 Act,
1 Section 2(a)(48) defines a BDC to be any closedend investment company that operates for the
purpose of making investments in securities
described in sections 55(a)(1) through 55(a)(3) of the
Act and makes available significant managerial
assistance with respect to the issuers of such
securities.
E:\FR\FM\19SEN1.SGM
19SEN1
Agencies
[Federal Register Volume 81, Number 181 (Monday, September 19, 2016)]
[Notices]
[Page 64226]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2016-22659]
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SECURITIES AND EXCHANGE COMMISSION
Sunshine Act Meeting
Notice is hereby given, pursuant to the provisions of the
Government in the Sunshine Act, Public Law 94-409, that the Securities
and Exchange Commission will hold a closed meeting on Thursday,
September 22, 2016 at 2 p.m.
Commissioners, Counsel to the Commissioners, the Secretary to the
Commission, and recording secretaries will attend the closed meeting.
Certain staff members who have an interest in the matters also may be
present.
The General Counsel of the Commission, or her designee, has
certified that, in her opinion, one or more of the exemptions set forth
in 5 U.S.C. 552b(c)(3), (5), (7), 9(B) and (10) and 17 CFR
200.402(a)(3), (a)(5), (a)(7), (a)(9)(ii) and (a)(10), permit
consideration of the scheduled matter at the closed meeting.
Commissioner Piwowar, as duty officer, voted to consider the items
listed for the closed meeting in closed session.
The subject matter of the closed meeting will be:
Institution and settlement of injunctive actions;
Institution and settlement of administrative proceedings; and
Other matters relating to enforcement proceedings.
At times, changes in Commission priorities require alterations in
the scheduling of meeting items.
For further information and to ascertain what, if any, matters have
been added, deleted or postponed, please contact Brent J. Fields from
the Office of the Secretary at (202) 551-5400.
Dated: September 15, 2016.
Brent J. Fields,
Secretary.
[FR Doc. 2016-22659 Filed 9-15-16; 4:15 pm]
BILLING CODE 8011-01-P