Notice2024-26422

Franklin Lexington Private Markets Fund, 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
November 13, 2024

Issuing agencies

Securities and Exchange Commission

Full Text

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<title>Federal Register, Volume 89 Issue 219 (Wednesday, November 13, 2024)</title>
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[Federal Register Volume 89, Number 219 (Wednesday, November 13, 2024)]
[Notices]
[Pages 89680-89681]
From the Federal Register Online via the Government Publishing Office [<a href="http://www.gpo.gov">www.gpo.gov</a>]
[FR Doc No: 2024-26422]


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SECURITIES AND EXCHANGE COMMISSION

[Investment Company Act Release No. 35378; File No. 812-15564]


Franklin Lexington Private Markets Fund, 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 closed-
end management investment companies and business development companies 
to co-invest in portfolio companies with each other and with certain 
affiliated investment entities.

Applicants: Franklin Lexington Private Markets Fund, Franklin Templeton 
Fund Adviser, LLC, Franklin Advisers, Inc., Lexington Advisors LLC, 
Lexington Partners L.P., CIP V (Offshore), L.P., Irrevocable Trust 
Agreement CIB/3036 Account, Irrevocable Trust Agreement CIB/3299 
Account, LCP Co-Invest Feeder--G, L.P., LCP Co-Invest Global Feeder--G, 
L.P., LCP IX (Offshore), L.P., LCP IX (Peru), L.P., LCP IX Co-Invest 
Partners A, L.P., Lexington Alpine Co-Invest, L.P., Lexington Kale Co-
Invest, L.P., Lexington KC Co-Invest--G, L.P., Lexington Loki Co-
Invest, L.P., Lexington Loki Feeder, L.P., Lexington Secretariat Co-
Invest, L.P., Lexington Secretariat Feeder, L.P., LGP Offshore IX, 
L.P., LGP Offshore VI, L.P., LCP IX (Luxembourg) Master SCSp, LCP IX 
(Luxembourg) SCSp, Lexington Global Partners (Lux) Master SCSp, 
Lexington Global Partners (Lux) SCSp, LCP IX Co-Invest Partners B, 
L.P., LCP IX Leo, L.P., Lexington Capital Partners IX, L.P., Lexington 
Capital Partners (Ontario), L.P., Lexington Global Partners IX, L.P., 
Lexington Global Partners VI, L.P.,

[[Page 89681]]

Lexington Global Partners VII, L.P., Lexington ICON Co-Invest, L.P., 
LCP X (Luxembourg) Master SCSp, LCP X (Luxembourg) SCSp, LCP X 
(Offshore), L.P., LCP X Co-Invest Feeder A, L.P., LCP X Co-Invest 
Partners A, L.P., LCP X Co-Invest Partners G, L.P., LCP X Co-Invest 
Partners N, L.P., Lexington Blue Sky Co-Invest, L.P., Lexington Blue 
Sky Feeder, L.P., LGP Offshore VIII, L.P., LGP Offshore XI L.P., LCP X 
Co-Invest Partners P, L.P., LCP X Co-Invest Partners B, L.P., Lexington 
Capital Partners (Ontario) II, L.P., Lexington Capital Partners X, 
L.P., Lexington Global Partners VIII, L.P., Lexington Global Partners 
XI, L.P., LCP X Co-Invest Partners C, L.P., Lexington CIP V-A-O, L.P., 
Lexington CIP V-C-O, L.P., Lexington CIP V-F-O, L.P., Lexington CIP V-
M-O, L.P., Lexington Co-Investment Partners V, L.P., Lexington Co-
Investment Partners V-A, L.P., Lexington Co-Investment Partners V-B, 
L.P., Lexington Co-Investment Partners V-C, L.P., Lexington Co-
Investment Partners V-F, L.P., Lexington Middle Market Investors IV, 
L.P., Lexington Middle Market Partners, L.P., LMMI IV Leo, L.P., LMMI 
(Offshore) IV, L.P., LMMP Offshore, L.P., Lexington Middle Market 
Investors V, L.P., Lexington Global Partners X, L.P., LGP Offshore X, 
L.P., LGP Intermediate X, L.P., Lexington Private Equity 25, L.P., Leo 
Lex Partners SCSp, Lexington Co-Investment Partners VI, L.P., Lexington 
Co-Investment Partners VI-A, L.P., Lexington Co-Investment Partners VI-
J, L.P., Lexington Co-Investment Partners VI-F, L.P., Lexington CIP VI-
F-O, L.P., Lexington Co-Investment Partners VI-B, L.P., Lexington Co-
Investment Partners VI-C, L.P., Lexington Co-Investment Partners VI 
(Ontario), L.P., CIP VI-J (Offshore), L.P., CIP VI (Offshore), L.P., 
Lexington CIP VI-J-O, L.P., Lexington CIP VI (Lux) Master SCSp, 
Lexington CIP VI (Lux) SCSp, Lexington Beacon Feeder, L.P., Lexington 
Viking Co-Invest, L.P., LGP Offshore XII, L.P., Lexington Epikairos Co-
Invest, L.P., Lexington Beacon Co-Invest, L.P., Lexington Global 
Partners XII, L.P., LCP X Co-Invest Partners H, L.P., Lexington Raptor 
Co-Invest, L.P., Lexington Private Equity Odin, L.P., LMMI (Offshore) 
V, L.P., LMMI V (Luxembourg) Master SCSp, LMMI V (Luxembourg) SCSp, 
Lexington Odin Co-Invest, L.P., LCP X Co-Invest Partners J, L.P., 
Lexington Continuation Vehicle Investors, L.P., LCVI (Offshore), L.P., 
LCVI (Luxembourg) Master SCSp, and LCVI (Luxembourg) SCSp.

Filing Dates: The application was filed on April 17, 2024 and amended 
on August 7, 2024, October 24, 2024, and November 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#5a093f39283f2e3b28232977153c3c33393f1a293f39743d352c"><span class="__cf_email__" data-cfemail="60330503120514011219134d2f0606090305201305034e070f16">[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 December 
2, 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#b4e7d1d7c6d1c0d5c6cdc799fbd2d2ddd7d1f4c7d1d79ad3dbc2"><span class="__cf_email__" data-cfemail="1c4f797f6e79687d6e656f31537a7a757f795c6f797f327b736a">[email&#160;protected]</span></a>.

ADDRESSES: The Commission: <a href="/cdn-cgi/l/email-protection#df8cbabcadbaabbeada6acf290b9b9b6bcba9facbabcf1b8b0a9"><span class="__cf_email__" data-cfemail="580b3d3b2a3d2c392a212b75173e3e313b3d182b3d3b763f372e">[email&#160;protected]</span></a>. Applicants: Todd 
Lebo, Esq., <a href="/cdn-cgi/l/email-protection#55013a31317b1930373a153327343b3e393c3b213038253930213a3b7b363a38"><span class="__cf_email__" data-cfemail="5f0b303b3b71133a3d301f392d3e31343336312b3a322f333a2b3031713c3032">[email&#160;protected]</span></a>.

FOR FURTHER INFORMATION CONTACT: Kris Easter Guidroz, Senior Counsel, 
or Lisa Reid Ragen, 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' third amended and 
restated application, dated November 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, 
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: November 7, 2024.
Sherry R. Haywood,
Assistant Secretary.
[FR Doc. 2024-26422 Filed 11-12-24; 8:45 am]
BILLING CODE 8011-01-P


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Indexed from Federal Register on November 13, 2024.

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