Crescent Capital BDC, Inc., et al., 38937-38938 [2024-09995]
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Federal Register / Vol. 89, No. 90 / Wednesday, May 8, 2024 / Notices
Electronic Comments
• Use the Commission’s internet
comment form (https://www.sec.gov/
rules/sro.shtml); or
• Send an email to rule-comments@
sec.gov. Please include file number SR–
CboeEDGX–2024–007 on the subject
line.
Paper Comments
• Send paper comments in triplicate
to Secretary, Securities and Exchange
Commission, 100 F Street NE,
Washington, DC 20549–1090.
lotter on DSK11XQN23PROD with NOTICES1
All submissions should refer to file
number SR–CboeEDGX–2024–007. This
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rules/sro.shtml). Copies of the
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submissions should refer to file number
SR–CboeEDGX–2024–007 and should be
submitted by May 29, 2024. Rebuttal
comments should be submitted by June
12, 2024.
For the Commission, by the Division of
Trading and Markets, pursuant to delegated
authority.24
J. Matthew DeLesDernier,
Deputy Secretary.
[FR Doc. 2024–10004 Filed 5–7–24; 8:45 am]
BILLING CODE 8011–01–P
24 17
CFR 200.30–3(a)(57).
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17:03 May 07, 2024
Jkt 262001
SECURITIES AND EXCHANGE
COMMISSION
[Investment Company Act Release No.
35185; File No. 812–15450]
Crescent Capital BDC, Inc., et al.
May 2, 2024.
Securities and Exchange
Commission (‘‘Commission’’ or ‘‘SEC’’).
ACTION: Notice.
AGENCY:
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 amend a previous
order granted by the Commission that
permits 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: Crescent Capital BDC, Inc.;
Crescent Private Credit Income Corp.;
Crescent Capital Group LP; Crescent
Cap Advisors, LLC; Crescent Direct
Lending Management, LLC; Crescent
SBIC Management, LLC; Crescent Credit
Europe LLP; Crescent Direct Lending
SMA Management LLC; Crescent Private
Credit Partners Management LLC;
Crescent Cap NT Advisors, LLC;
Crescent Mezzanine Partners VI, LP;
Crescent Mezzanine Partners VIB, LP;
Crescent Mezzanine Partners VIC, LP;
Crescent Capital High Income Fund, LP;
Crescent Capital High Income Fund B,
L.P.; Crescent Credit Europe CAA SCS;
Crescent Credit Europe MM SCS;
Crescent Credit Solutions VIII, L.P.;
Crescent Credit Solutions VIIIB, SCSp;
Crescent Credit Solutions VIIIC
(Solvency II), SCSp; Crescent Credit
Solutions VIII A–2, LP; Crescent Credit
Opportunities Fund, L.P.; Crescent
Credit Opportunities Fund (Cayman),
L.P.; Crescent Credit Opportunities
Fund AIF, SCSP; Crescent Senior
Secured Floating Rate Loan Fund, LLC;
Crescent Senior Secured Floating Rate
Loan Fund (Cayman), LP; Crescent/
Kamehameha Schools Partnership, LP;
NPS/Crescent Strategic Partnership, LP;
NPS/Crescent Strategic Partnership II,
LP; Crescent (TX) Direct Lending Fund,
L.P.; Crescent Direct Lending Fund,
L.P.; Crescent Direct Lending Levered
Fund (Cayman), LP; Crescent Direct
Lending Levered Fund (Delaware), LP;
CDL Unit Trust (Ireland); CDL
Investment Subsidiary II, LP; CDL
PO 00000
Frm 00077
Fmt 4703
Sfmt 4703
38937
Levered Fund II, LP; Crescent Direct
Lending Fund II (Ireland), LP; Crescent
Direct Lending Fund II (Canada), LP;
Crescent Direct Lending Levered Fund II
(Cayman), LP; Crescent Direct Lending
Levered Fund II (Delaware), LP;
Crescent Direct Lending Fund II
(Delaware), LP; CDL Unlevered III
Investment Subsidiary LP; CDL Levered
III Investment Subsidiary LP; Crescent
Direct Lending Fund III LP; Crescent
Direct Lending Fund III (Delaware), LP;
Crescent Direct Lending Fund III
(Cayman) LP; Crescent Direct Lending
Fund III (Ireland) LP; Crescent Direct
Lending Fund III Note Feeder LP;
Crescent Direct Lending Fund III
(Canada) LP; Crescent Direct Lending
Levered Fund, L.P.; Crescent Direct
Lending Levered Fund III (Cayman), LP;
Crescent Direct Lending Levered Fund
III (Delaware), LP; Crescent Direct
Lending Levered Fund III Note Feeder
LP; Crescent Direct Lending Levered
Fund III (Ireland) LP; Crescent Direct
Lending Fund III (UK) LP; Crescent
Direct Lending SBIC Fund, L.P.;
Crescent Special Situations Fund
(Investor Group), L.P.; Crescent
European Specialty Lending Fund, L.P.;
Crescent European Specialty Loan Fund
SCS, SICAV–FIS; Crescent European
Specialty Lending Fund (Levered) LP;
Crescent European Specialty Lending
Fund (Cayman-Levered) LP; Crescent
European Specialty Lending Fund
(Cayman) LP; Crescent European
Specialty Lending Fund for ERISA Plans
LP; Crescent European Specialty
Lending Fund II (Delaware) LP; Crescent
European Specialty Lending Fund II
(Levered) LP; Crescent European
Specialty Lending Fund II (CaymanLevered) LP; Crescent European
Specialty Lending Fund II (CaymanLevered EUR) LP; Crescent European
Specialty Lending Fund II (Cayman) LP;
Crescent European Specialty Loan Fund
II SCSp; Crescent European Specialty
Loan Fund II (GBP) SCSp; Crescent
Mezzanine Partners VII (LTL), L.P.;
Crescent Mezzanine Partners VII, L.P.;
Crescent Mezzanine Partners VIIB, L.P.;
Crescent Mezzanine Partners VIIC
(LTL), L.P.; Crescent Mezzanine
Partners VIIC, L.P.; Crescent Mezzanine
Partners VII (Chengdong CoInvestment), L.P.; Crescent Mezzanine
Partners VII (PA Co-Investment), LP;
Crescent Mezzanine Partners VII (PA
Co-Investment II), LP; Crescent
Mezzanine Partners VII (PA CoInvestment III), LP; CPCP Levered
Unitranche Investments LP; CPCP
Unitranche Investments LP; Crescent
Private Credit Partners LP; Crescent
Private Credit Partners Levered
Unitranche Fund (DE) LP; Crescent
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38938
Federal Register / Vol. 89, No. 90 / Wednesday, May 8, 2024 / Notices
Private Credit Partners Levered
Unitranche Fund (Ireland) LP; Crescent
Private Credit Partners Levered
Unitranche Note Feeder LP; Crescent
Private Credit Partners Unitranche Fund
(DE) LP; Crescent Private Credit Partners
Unitranche Fund TE (Cayman) LP;
Crescent Private Credit Partners
Unitranche Note Feeder LP; Crescent
Private Credit Partners Unitranche Fund
(Ireland) LP; Income Credit Strategies
(Series C) LP; Crescent LACERS SMA
Partnership, LP; Crescent Ginkgo LP,
Crescent K Investments, L.P.; CESL–A
Coinvest Fund SCSp.; Crescent CRPTF
Multi-Strat L.P.; Crescent CRPTF Private
Credit L.P.; Crescent/AEGIS
Partnership, L.P.; Crescent European
Specialty Lending Fund III (GBP) SCSp;
Crescent European Specialty Lending
Fund III SCSp; Crescent European
Specialty Lending Fund III (CaymanLevered) LP; CRESCENT European
Specialty Lending Fund III (Delaware)
LP; and Crescent CLO Equity Funding
II, LP.
FILING DATES: The application was filed
on April 4, 2023, and amended on
October 25, 2023.
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
Secretarys-Office@sec.gov 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 28, 2024, 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
Secretarys-Office@sec.gov.
ADDRESSES: The Commission:
Secretarys-Office@sec.gov. Applicants:
George Hawley, Crescent Capital Group
LP, at George.Hawley@crescentcap.com,
with a copy to Michael Hoffman,
Skadden, Arps, Slate, Meagher & Flom
LLP, at Michael.Hoffman@skadden.com.
FOR FURTHER INFORMATION CONTACT:
Adam S. Lovell, Senior Counsel, or
Terri Jordan, Branch Chief, at (202) 551–
VerDate Sep<11>2014
17:03 May 07, 2024
Jkt 262001
6825 (Division of Investment
Management, Chief Counsel’s Office).
SUPPLEMENTARY INFORMATION: For
Applicants’ representations, legal
analysis, and conditions, please refer to
Applicants’ first amended and restated
application, dated October 25, 2023,
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/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.
J. Matthew DeLesDernier,
Deputy Secretary.
[FR Doc. 2024–09995 Filed 5–7–24; 8:45 am]
BILLING CODE 8011–01–P
SECURITIES AND EXCHANGE
COMMISSION
[Investment Company Act Release No.
35183; File No. 812–15457]
Polen Credit Opportunities Fund, et al.
May 2, 2024.
Securities and Exchange
Commission (‘‘Commission’’ or ‘‘SEC’’).
ACTION: Notice.
AGENCY:
Notice of application for an order
(‘‘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: Polen Credit Opportunities
Fund, Polen Capital Credit, LLC, Polen
Capital Management, LLC, Polen Capital
Funds, LLC—Polen Capital Floating
Rate Loan Fund, Polen Capital Funds,
LLC—Polen Capital Opportunistic High
Yield Fund, Polen Capital Funds, LLC—
Polen Capital U.S. High Yield Fund,
Polen Capital Funds, LLC—Polen
Capital Total Return Credit Fund and
Polen DDJ/TAF Strategic Income Fund,
L.P.
PO 00000
Frm 00078
Fmt 4703
Sfmt 9990
The application was filed
on April 19, 2023, and amended on
October 31, 2023 and March 8, 2024.
FILING DATES:
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
Secretarys-Office@sec.gov 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 27, 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
Secretarys-Office@sec.gov.
The Commission:
Secretarys-Office@sec.gov. Applicants:
Josh McCarthy, jlmccarthy@
polencapital.com, Nicole M. Runyan,
nicole.runyan@kirkland.com, Lisa P.
Nosal, lisa.nosal@kirkland.com.
ADDRESSES:
FOR FURTHER INFORMATION CONTACT:
Deepak T. Pai, Senior Counsel, or Terri
Jordan, Branch Chief, at (202) 551–6825
(Division of Investment Management,
Chief Counsel’s Office).
For
Applicants’ representations, legal
analysis, and conditions, please refer to
Applicants’ second amended and
restated application, dated March 8,
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 https://www.sec.gov/edgar/
searchedgar/legacy/companysearch.
html. You may also call the SEC’s Public
Reference Room at (202) 551–8090.
SUPPLEMENTARY INFORMATION:
For the Commission, by the Division of
Investment Management, under delegated
authority.
J. Matthew DeLesDernier,
Deputy Secretary.
[FR Doc. 2024–09993 Filed 5–7–24; 8:45 am]
BILLING CODE 8011–01–P
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08MYN1
]]>Agencies
[Federal Register Volume 89, Number 90 (Wednesday, May 8, 2024)]
[Notices]
[Pages 38937-38938]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2024-09995]
-----------------------------------------------------------------------
SECURITIES AND EXCHANGE COMMISSION
[Investment Company Act Release No. 35185; File No. 812-15450]
Crescent Capital BDC, Inc., et al.
May 2, 2024.
AGENCY: Securities and Exchange Commission (``Commission'' or ``SEC'').
ACTION: Notice.
-----------------------------------------------------------------------
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 amend a
previous order granted by the Commission that permits 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: Crescent Capital BDC, Inc.; Crescent Private Credit Income
Corp.; Crescent Capital Group LP; Crescent Cap Advisors, LLC; Crescent
Direct Lending Management, LLC; Crescent SBIC Management, LLC; Crescent
Credit Europe LLP; Crescent Direct Lending SMA Management LLC; Crescent
Private Credit Partners Management LLC; Crescent Cap NT Advisors, LLC;
Crescent Mezzanine Partners VI, LP; Crescent Mezzanine Partners VIB,
LP; Crescent Mezzanine Partners VIC, LP; Crescent Capital High Income
Fund, LP; Crescent Capital High Income Fund B, L.P.; Crescent Credit
Europe CAA SCS; Crescent Credit Europe MM SCS; Crescent Credit
Solutions VIII, L.P.; Crescent Credit Solutions VIIIB, SCSp; Crescent
Credit Solutions VIIIC (Solvency II), SCSp; Crescent Credit Solutions
VIII A-2, LP; Crescent Credit Opportunities Fund, L.P.; Crescent Credit
Opportunities Fund (Cayman), L.P.; Crescent Credit Opportunities Fund
AIF, SCSP; Crescent Senior Secured Floating Rate Loan Fund, LLC;
Crescent Senior Secured Floating Rate Loan Fund (Cayman), LP; Crescent/
Kamehameha Schools Partnership, LP; NPS/Crescent Strategic Partnership,
LP; NPS/Crescent Strategic Partnership II, LP; Crescent (TX) Direct
Lending Fund, L.P.; Crescent Direct Lending Fund, L.P.; Crescent Direct
Lending Levered Fund (Cayman), LP; Crescent Direct Lending Levered Fund
(Delaware), LP; CDL Unit Trust (Ireland); CDL Investment Subsidiary II,
LP; CDL Levered Fund II, LP; Crescent Direct Lending Fund II (Ireland),
LP; Crescent Direct Lending Fund II (Canada), LP; Crescent Direct
Lending Levered Fund II (Cayman), LP; Crescent Direct Lending Levered
Fund II (Delaware), LP; Crescent Direct Lending Fund II (Delaware), LP;
CDL Unlevered III Investment Subsidiary LP; CDL Levered III Investment
Subsidiary LP; Crescent Direct Lending Fund III LP; Crescent Direct
Lending Fund III (Delaware), LP; Crescent Direct Lending Fund III
(Cayman) LP; Crescent Direct Lending Fund III (Ireland) LP; Crescent
Direct Lending Fund III Note Feeder LP; Crescent Direct Lending Fund
III (Canada) LP; Crescent Direct Lending Levered Fund, L.P.; Crescent
Direct Lending Levered Fund III (Cayman), LP; Crescent Direct Lending
Levered Fund III (Delaware), LP; Crescent Direct Lending Levered Fund
III Note Feeder LP; Crescent Direct Lending Levered Fund III (Ireland)
LP; Crescent Direct Lending Fund III (UK) LP; Crescent Direct Lending
SBIC Fund, L.P.; Crescent Special Situations Fund (Investor Group),
L.P.; Crescent European Specialty Lending Fund, L.P.; Crescent European
Specialty Loan Fund SCS, SICAV-FIS; Crescent European Specialty Lending
Fund (Levered) LP; Crescent European Specialty Lending Fund (Cayman-
Levered) LP; Crescent European Specialty Lending Fund (Cayman) LP;
Crescent European Specialty Lending Fund for ERISA Plans LP; Crescent
European Specialty Lending Fund II (Delaware) LP; Crescent European
Specialty Lending Fund II (Levered) LP; Crescent European Specialty
Lending Fund II (Cayman-Levered) LP; Crescent European Specialty
Lending Fund II (Cayman-Levered EUR) LP; Crescent European Specialty
Lending Fund II (Cayman) LP; Crescent European Specialty Loan Fund II
SCSp; Crescent European Specialty Loan Fund II (GBP) SCSp; Crescent
Mezzanine Partners VII (LTL), L.P.; Crescent Mezzanine Partners VII,
L.P.; Crescent Mezzanine Partners VIIB, L.P.; Crescent Mezzanine
Partners VIIC (LTL), L.P.; Crescent Mezzanine Partners VIIC, L.P.;
Crescent Mezzanine Partners VII (Chengdong Co-Investment), L.P.;
Crescent Mezzanine Partners VII (PA Co-Investment), LP; Crescent
Mezzanine Partners VII (PA Co-Investment II), LP; Crescent Mezzanine
Partners VII (PA Co-Investment III), LP; CPCP Levered Unitranche
Investments LP; CPCP Unitranche Investments LP; Crescent Private Credit
Partners LP; Crescent Private Credit Partners Levered Unitranche Fund
(DE) LP; Crescent
[[Page 38938]]
Private Credit Partners Levered Unitranche Fund (Ireland) LP; Crescent
Private Credit Partners Levered Unitranche Note Feeder LP; Crescent
Private Credit Partners Unitranche Fund (DE) LP; Crescent Private
Credit Partners Unitranche Fund TE (Cayman) LP; Crescent Private Credit
Partners Unitranche Note Feeder LP; Crescent Private Credit Partners
Unitranche Fund (Ireland) LP; Income Credit Strategies (Series C) LP;
Crescent LACERS SMA Partnership, LP; Crescent Ginkgo LP, Crescent K
Investments, L.P.; CESL-A Coinvest Fund SCSp.; Crescent CRPTF Multi-
Strat L.P.; Crescent CRPTF Private Credit L.P.; Crescent/AEGIS
Partnership, L.P.; Crescent European Specialty Lending Fund III (GBP)
SCSp; Crescent European Specialty Lending Fund III SCSp; Crescent
European Specialty Lending Fund III (Cayman-Levered) LP; CRESCENT
European Specialty Lending Fund III (Delaware) LP; and Crescent CLO
Equity Funding II, LP.
Filing Dates: The application was filed on April 4, 2023, and amended
on October 25, 2023.
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 May 28,
2024, 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:
George Hawley, Crescent Capital Group LP, at
[email protected], with a copy to Michael Hoffman, Skadden,
Arps, Slate, Meagher & Flom LLP, at [email protected].
FOR FURTHER INFORMATION CONTACT: Adam S. Lovell, Senior Counsel, or
Terri Jordan, 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' first amended and
restated application, dated October 25, 2023, 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/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.
J. Matthew DeLesDernier,
Deputy Secretary.
[FR Doc. 2024-09995 Filed 5-7-24; 8:45 am]
BILLING CODE 8011-01-P
