Notice2024-02936

BIP Ventures Evergreen BDC, 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 13, 2024

Issuing agencies

Securities and Exchange Commission

Full Text

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<title>Federal Register, Volume 89 Issue 30 (Tuesday, February 13, 2024)</title>
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[Federal Register Volume 89, Number 30 (Tuesday, February 13, 2024)]
[Notices]
[Page 10146]
From the Federal Register Online via the Government Publishing Office [<a href="http://www.gpo.gov">www.gpo.gov</a>]
[FR Doc No: 2024-02936]



[[Page 10146]]

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SECURITIES AND EXCHANGE COMMISSION

[Investment Company Act Release No. 35127; File No. 812-15502]


BIP Ventures Evergreen BDC, et al.

February 8, 2024.
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 and closed-end management investment 
companies to co-invest in portfolio companies with each other and with 
certain affiliated investment entities.

Applicants: BIP Ventures Evergreen BDC, BIP Capital, LLC, BIP Capital 
Management Services, LLC, BIP Capital Mini Fund, LP, BIP Capital Mini 
Fund II, LP, BIP Capital Mini Fund II-QP, LP, BIP Capital Mini Fund 
III, LP, BIP Capital Mini Fund III-QP, LP, BIP Capital Mini Fund IIIb, 
LP, BIP Capital Mini Fund IIIb-QP, LP, BIP Capital Venture Fund IV, LP, 
BIP Capital Venture Fund IV-QP, LP, Panoramic Annex Fund 4, LP, 
Panoramic Annex Fund 4-QP, LP, Panoramic Venture Fund 5, LP, Panoramic 
Venture Fund 5-QP, LP, BIP Capital 2080 Media Equity VII, LLC, BIP 
Capital 2080 Media Equity X, LLC, BIP Capital AchieveIt Series E-1, 
LLC, BIP Capital ConnexPay Convertible Note I, LLC, BIP Capital 
ConnexPay Equity I, LLC, BIP Capital Huddle Convertible Note, LLC, BIP 
Capital Huddle Equity II, LLC, BIP Capital PAN Convertible Note, LLC, 
BIP Capital PAN Equity I, LLC, BIP Capital PAN Equity II, LLC, BIP 
Capital Wellview Senior Debt II, LLC Panoramic Trella Acquisition I, 
LP, Panoramic Trella Acquisition I-QP, LP, Panoramic UserIQ Equity II, 
LLC, Panoramic Wellview Sentry Merger I, LLC, Panoramic Annex Fund 4b, 
LP, Panoramic Annex Fund 4b-QP, LP, Panoramic Mediafly Equity I, LLC, 
Panoramic ShiftMed Equity I, LLC, Panoramic ShiftMed Equity I-QP, LLC, 
Panoramic Connexpay Equity II-AI, LLC, Panoramic Connexpay Equity II-
QP, LLC, BIP Capital 2080 Media Investments IV, LLC, BIP Capital 2080 
Media Investment V, LLC, BIP Capital 2080 Media Investment VI, LLC, BIP 
AchieveIt Investments, LLC, BIP VoApps Series A, LLC, BIP Early Stage 
Fund I, LP, BIP Early Stage Fund I-QP, LP, BIP Capital AchieveIt Series 
D, LLC, BIP Capital AchieveIt Series E, LLC, BIP Capital Growth Fund 
III, LP, BIP Capital Growth Fund III-QP, LP, BIP Capital Wellview 
Series A-3, LLC, BIP Capital Huddle I, LLC, BIP Capital Huddle I-QP, 
LLC, BIP Capital EmpowHR Convertible Note I, LLC, BIP Capital EmpowHR 
Convertible Note II, LLC, Panoramic EmpowHR Equity I, LLC, Panoramic 
ShiftMed Equity II-AI, LLC, Panoramic ShiftMed Equity II-QP, LLC, 
Panoramic 2080 Media Equity XI-AI, LLC, Panoramic 2080 Media Equity XI-
QP, LLC, and Panoramic Joymo Equity I, LLC.

Filing Dates: The application was filed on August 28, 2023 and amended 
on October 17, 2023, December 1, 2023, December 26, 2023, and February 
6, 2024.

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#fead9b9d8c9b8a9f8c878dd3b19898979d9bbe8d9b9dd0999188"><span class="__cf_email__" data-cfemail="b2e1d7d1c0d7c6d3c0cbc19ffdd4d4dbd1d7f2c1d7d19cd5ddc4">[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 March 4, 
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#51023432233425302328227c1e3737383234112234327f363e27"><span class="__cf_email__" data-cfemail="d98abcbaabbcadb8aba0aaf496bfbfb0babc99aabcbaf7beb6af">[email&#160;protected]</span></a>.

ADDRESSES: The Commission: <a href="/cdn-cgi/l/email-protection#a2f1c7c1d0c7d6c3d0dbd18fedc4c4cbc1c7e2d1c7c18cc5cdd4"><span class="__cf_email__" data-cfemail="fba89e98899e8f9a898288d6b49d9d92989ebb889e98d59c948d">[email&#160;protected]</span></a>. Applicants: Todd 
Knudsen, <a href="/cdn-cgi/l/email-protection#c5b1aeabb0a1b6a0ab85a7acb5b3a0abb1b0b7a0b6ebb3a6"><span class="__cf_email__" data-cfemail="a2d6c9ccd7c6d1c7cce2c0cbd2d4c7ccd6d7d0c7d18cd4c1">[email&#160;protected]</span></a>; Kara Mullins, 
<a href="/cdn-cgi/l/email-protection#bcd7d1c9d0d0d5d2cffcded5cccad9d2c8c9ced9cf92cadf"><span class="__cf_email__" data-cfemail="640f091108080d0a1724060d1412010a10111601174a1207">[email&#160;protected]</span></a>; Blake E. Estes, <a href="/cdn-cgi/l/email-protection#61030d000a044f041215041221000d12150e0f4f020e0c"><span class="__cf_email__" data-cfemail="07656b666c6229627473627447666b747368692964686a">[email&#160;protected]</span></a>.

FOR FURTHER INFORMATION CONTACT: Laura J. Riegel, Senior Counsel, or 
Thomas Ahmadifar, 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' fourth amended 
and restated application, dated February 6, 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 <a href="https://www.sec.gov/edgar/searchedgar/legacy/companysearch.html">https://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. 2024-02936 Filed 2-12-24; 8:45 am]
BILLING CODE 8011-01-P


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Indexed from Federal Register on February 13, 2024.

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