Notice2024-02401

Diameter Credit Company, 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
February 6, 2024

Issuing agencies

Securities and Exchange Commission

Full Text

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<title>Federal Register, Volume 89 Issue 25 (Tuesday, February 6, 2024)</title>
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[Federal Register Volume 89, Number 25 (Tuesday, February 6, 2024)]
[Notices]
[Pages 8264-8265]
From the Federal Register Online via the Government Publishing Office [<a href="http://www.gpo.gov">www.gpo.gov</a>]
[FR Doc No: 2024-02401]


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SECURITIES AND EXCHANGE COMMISSION

[Investment Company Act Release No. 35122; File No. 812-15490]


Diameter Credit Company, et al.

AGENCY: Securities and Exchange Commission (``Commission'' or ``SEC'').

ACTION: Notice.

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    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 (``BDCs'') and closed-end 
management investment companies to co-invest in portfolio companies 
with each other and with certain affiliated investment entities.
    Applicants: Diameter Credit Company, Diameter Principal Finance 
LLC, Diameter Principal Finance Partnership LP, Diameter Capital 
Partners LP, Diameter CLO Advisors LLC, Diameter Master Fund LP, 
Diameter Dislocation Master Fund LP, Diameter Dislocation Master Fund 
II LP, DCMALT LP, DCP IG Fund LP, Diameter Credit Funding I, Ltd., 
Diameter Credit Funding II, Ltd., Diameter Credit Funding III, Ltd., 
Diameter Credit Funding IV, Ltd., Diameter Capital CLO 1 Ltd., Diameter 
Capital CLO 2 Ltd., Diameter Capital CLO 3 Ltd., Diameter Capital CLO 4 
Ltd., Diameter Capital CLO 5 Ltd.
    Filing Dates: The application was filed on July 25, 2023, and 
amended on October 31, 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

[[Page 8265]]

<a href="/cdn-cgi/l/email-protection#6c3f090f1e09180d1e151f41230a0a050f092c1f090f420b031a"><span class="__cf_email__" data-cfemail="ffac9a9c8d9a8b9e8d868cd2b09999969c9abf8c9a9cd1989089">[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 February 26, 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 <a href="/cdn-cgi/l/email-protection#a6f5c3c5d4c3d2c7d4dfd58be9c0c0cfc5c3e6d5c3c588c1c9d0"><span class="__cf_email__" data-cfemail="a4f7c1c7d6c1d0c5d6ddd789ebc2c2cdc7c1e4d7c1c78ac3cbd2">[email&#160;protected]</span></a>.

ADDRESSES: The Commission: <a href="/cdn-cgi/l/email-protection#095a6c6a7b6c7d687b707a24466f6f606a6c497a6c6a276e667f"><span class="__cf_email__" data-cfemail="80d3e5e3f2e5f4e1f2f9f3adcfe6e6e9e3e5c0f3e5e3aee7eff6">[email&#160;protected]</span></a>. Applicants: 
Shailini Rao, Diameter Capital Partners LP, at <a href="/cdn-cgi/l/email-protection#5b28293a341b3f323a363e2f3e29383a2b75383436"><span class="__cf_email__" data-cfemail="b0c3c2d1dff0d4d9d1ddd5c4d5c2d3d1c09ed3dfdd">[email&#160;protected]</span></a>; 
and Rajib Chanda, Simpson Thacher & Bartlett LLP, 
<a href="/cdn-cgi/l/email-protection#2c7e4d46454e026f444d42484d6c5f584e404d5b024f4341"><span class="__cf_email__" data-cfemail="c092a1aaa9a2ee83a8a1aea4a180b3b4a2aca1b7eea3afad">[email&#160;protected]</span></a>; and Steven Grigoriou, Simpson Thacher & 
Bartlett LLP, <a href="/cdn-cgi/l/email-protection#194a6d7c6f7c77375e6b707e766b70766c596a6d7b75786e377a7674"><span class="__cf_email__" data-cfemail="93c0e7f6e5f6fdbdd4e1faf4fce1fafce6d3e0e7f1fff2e4bdf0fcfe">[email&#160;protected]</span></a>.

FOR FURTHER INFORMATION CONTACT: Taylor Evenson, 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' amended and 
restated application, dated October 30, 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 <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.

    Dated: February 1, 2024.
Sherry R. Haywood,
Assistant Secretary.
[FR Doc. 2024-02401 Filed 2-5-24; 8:45 am]
BILLING CODE 8011-01-P


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Indexed from Federal Register on February 6, 2024.

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