Notice2022-27043

Monroe Capital Corporation, et al.

Primary source

Metadata and text below are from the Federal Register, a public-domain U.S. government work. Always verify the official published version before relying on it for any legal matter.

Published
December 14, 2022

Issuing agencies

Securities and Exchange Commission

Full Text

<html>
<head>
<title>Federal Register, Volume 87 Issue 239 (Wednesday, December 14, 2022)</title>
</head>
<body><pre>
[Federal Register Volume 87, Number 239 (Wednesday, December 14, 2022)]
[Notices]
[Pages 76526-76527]
From the Federal Register Online via the Government Publishing Office [<a href="http://www.gpo.gov">www.gpo.gov</a>]
[FR Doc No: 2022-27043]


-----------------------------------------------------------------------

SECURITIES AND EXCHANGE COMMISSION

[Investment Company Act Release No. 34769; File No. 812-15388]


Monroe Capital Corporation, et al.

December 8, 2022.
AGENCY: Securities and Exchange Commission (``Commission'' or ``SEC'').

ACTION: Notice.

-----------------------------------------------------------------------

    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 amend a 
previous order granted by the Commission that permits 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.

Applicants:  Monroe Capital Corporation, Monroe Capital Income Plus 
Corporation, Monroe Capital BDC Advisors, LLC, Monroe Capital 
Management Advisors, LLC, Monroe Capital Asset Management LLC, Monroe 
Capital Management LLC, Monroe Capital CLO Manager LLC, Monroe Capital 
CLO Manager II LLC, Monroe Capital Partners Fund Advisors, Inc., Monroe 
Capital Partners Fund II Advisors, Inc., MRCC Holding Company I, LLC, 
MRCC Holding Company II, LLC, MRCC Holding Company III, LLC, MRCC 
Holding Company IV, LLC, MRCC Holding Company V, LLC, MRCC Holding 
Company VI, LLC, MRCC Holding Company VII, LLC, MRCC Holding Company 
VIII, LLC, MRCC Holding Company IX, LLC, MRCC Holding Company X, LLC, 
MRCC Holding Company XI, LLC, MRCC Holding Company XII, LLC, MRCC

[[Page 76527]]

Holding Company XIII, LLC, MRCC Holding Company XIV, LLC, MRCC Holding 
Company XV, LLC, MRCC Holding Company XVI, LLC, MRCC Holding Company 
XVII, LLC, MRCC Holding Company XVIII, LLC, MRCC Holding Company XIX, 
LLC, MRCC Holding Company XX, LLC, MC Income Plus Financing SPV LLC, 
Monroe Capital Income Plus ABS Funding, LLC, MCIP Holding Company I, 
LLC, MCIP Holding Company II, LLC, MCIP Holding Company III, LLC, MCIP 
Holding Company IV, LLC, MCIP Holding Company V, LLC, MCIP Holding 
Company VI, LLC, MCIP Holding Company VII, LLC, MCIP Holding Company 
VIII, LLC, MCIP Holding Company IX, LLC, MCIP Holding Company X, LLC, 
MCIP Holding Company XI, LLC, MCIP Holding Company XII, LLC, MCIP 
Holding Company XIII, LLC, MCIP Holding Company XIV, LLC, MCIP Holding 
Company XV, LLC, MCIP Holding Company XVI, LLC, MCIP Holding Company 
XVII, LLC, MCIP Holding Company XVIII, LLC, Monroe (NP) U.S. Private 
Debt Fund LP, Monroe Capital Fund SCSp SICAV-RAIF--Private Credit Fund 
(Marsupial), Monroe Capital Fund SCSp SICAV RAIF-Private Credit Fund 
III, Monroe Capital Fund SCSp SICAV RAIF-Private Credit Fund III 
(Unleveraged), Monroe Capital CLO 2014-1. Ltd., Monroe Capital MML CLO 
2016-1, Ltd., Monroe Capital MMML CLO 2017-1, Ltd., Monroe Capital MML 
CLO VI, Ltd., Monroe Capital MMML CLO VII, Ltd., Monroe Capital MML CLO 
VIII, Ltd., Monroe Capital MML CLO IX, Ltd., Monroe Capital MML CLO X, 
LLC, Monroe Capital MML CLO XI, Ltd., Monroe Capital MML CLO XII, Ltd., 
Monroe Capital MML CLO XIII, LLC, Monroe Capital MML CLO XIV, Ltd., 
Monroe Capital MML CLO XV, Ltd., Monroe Capital Opportunistic Private 
Credit Master Fund SCSp, Monroe Capital Opportunistic II Private Credit 
Master Fund SCSp SICAV-RAIF, Monroe Capital Partners Fund II, LP, 
Monroe Capital Partners Fund, L.P., Monroe Capital Private Credit Fund 
559 LP, Monroe Capital Private Credit Fund I LP, Monroe Capital Private 
Credit Fund II (Unleveraged Offshore) LP, Monroe Capital Private Credit 
Fund II-O (Unleveraged Offshore) LP, Monroe Capital Private Credit Fund 
II (Unleveraged) LP, Monroe Capital Private Credit Fund II LP, Monroe 
Capital Private Credit Fund III (Unleveraged) LP, Monroe Capital 
Private Credit Fund III LP, Monroe Capital Private Credit Fund L LP, 
Monroe Capital Private Credit Fund VT LP, Monroe Capital Private Credit 
Master Fund IV (Unleveraged) SCSp, Monroe Capital Private Credit Master 
Fund IV SCSp, Monroe Capital Private Credit STARR (Unleveraged) Master 
Fund 1 LP, Monroe Capital Private Credit STARR Fund 1 LP, Monroe 
Capital Private Credit Versailles Master Fund SCSp SICAV-RAIF, Monroe 
Opportunistic Fund GG, LLC, Monroe Private Credit Fund A LP, Monroe FCM 
Direct Loan Fund, LP, Monroe Capital Fund O, LLC, Monroe Capital 
Insurance Fund Series Interests of the SALI Multi-Series Fund, L.P., 
Panther Lender MRCC BDC, LLC, Panther Lender MCIP BDC LLC.

Filing Dates:  The application was filed on September 26, 2022.

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 <a href="/cdn-cgi/l/email-protection#d685b3b5a4b3a2b7a4afa5fb99b0b0bfb5b396a5b3b5f8b1b9a0"><span class="__cf_email__" data-cfemail="a3f0c6c0d1c6d7c2d1dad08eecc5c5cac0c6e3d0c6c08dc4ccd5">[email&#160;protected]</span></a> 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 January 
3, 2023, 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 
<a href="/cdn-cgi/l/email-protection#92c1f7f1e0f7e6f3e0ebe1bfddf4f4fbf1f7d2e1f7f1bcf5fde4"><span class="__cf_email__" data-cfemail="8bd8eee8f9eeffeaf9f2f8a6c4edede2e8eecbf8eee8a5ece4fd">[email&#160;protected]</span></a>.

ADDRESSES: The Commission: <a href="/cdn-cgi/l/email-protection#0f5c6a6c7d6a7b6e7d767c22406969666c6a4f7c6a6c21686079"><span class="__cf_email__" data-cfemail="40132523322534213239336d0f2626292325003325236e272f36">[email&#160;protected]</span></a>. Applicants: 
Theodore Koenig at <a href="/cdn-cgi/l/email-protection#6d1906020803040a2d0002031f02080e0c1d430e0200"><span class="__cf_email__" data-cfemail="1266797d777c7b75527f7d7c607d777173623c717d7f">[email&#160;protected]</span></a>. Steven B. Boehm, Esq., 
Stephani Hildebrandt, Esq., and Anne G. Oberndorf, Esq., Eversheds 
Sutherland (US) LLP, at <a href="/cdn-cgi/l/email-protection#3b5a55555e54595e49555f54495d7b5e4d5e4948535e5f4816484e4f535e49575a555f154e48"><span class="__cf_email__" data-cfemail="781916161d171a1d0a161c170a1e381d0e1d0a0b101d1c0b550b0d0c101d0a1419161c560d0b">[email&#160;protected]</span></a>.

FOR FURTHER INFORMATION CONTACT: Bruce R. MacNeil, 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' application, 
dated September 26, 2022, 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, at <a href="http://www.sec.gov/edgar/searchedgar/legacy/companysearch.html">http://www.sec.gov/edgar/searchedgar/legacy/companysearch.html</a>. 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.
Sherry R. Haywood,
Assistant Secretary.
[FR Doc. 2022-27043 Filed 12-13-22; 8:45 am]
BILLING CODE 8011-01-P


</pre><script data-cfasync="false" src="/cdn-cgi/scripts/5c5dd728/cloudflare-static/email-decode.min.js"></script></body>
</html>
Indexed from Federal Register on December 14, 2022.

This is legal information, not legal advice. Laws vary by jurisdiction and change frequently. Always verify current law with official sources and consult a licensed attorney in your jurisdiction for advice on your specific situation.