Notice2025-03744

ISQ Infrastructure Income Fund and I Squared Capital Registered Advisor LLC

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
March 10, 2025

Issuing agencies

Securities and Exchange Commission

Full Text

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[Federal Register Volume 90, Number 45 (Monday, March 10, 2025)]
[Notices]
[Pages 11636-11637]
From the Federal Register Online via the Government Publishing Office [<a href="http://www.gpo.gov">www.gpo.gov</a>]
[FR Doc No: 2025-03744]


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SECURITIES AND EXCHANGE COMMISSION

[Investment Company Act Release No. 35488; 812-15699]


ISQ Infrastructure Income Fund and I Squared Capital Registered 
Advisor LLC

March 4, 2025.
AGENCY: Securities and Exchange Commission (``Commission'' or ``SEC'').

ACTION: Notice.

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    Notice of application for an order under section 6(c) of the 
Investment Company Act of 1940 (the ``Act'') granting an exemption from 
section 23(a)(1) of the Act.

Summary of Application:  Applicants request an order to permit certain 
registered closed-end management investment companies and business 
development companies (as defined under section 2(a)(48) of the Act) to 
pay investment advisory fees (as described in the application) in 
shares of their common stock.

Applicants:  ISQ Infrastructure Income Fund and I Squared Capital 
Registered Advisor LLC

Filing Dates:  The application was filed on February 11, 2025.

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#c695a3a5b4a3b2a7b4bfb5eb89a0a0afa5a386b5a3a5e8a1a9b0"><span class="__cf_email__" data-cfemail="a1f2c4c2d3c4d5c0d3d8d28ceec7c7c8c2c4e1d2c4c28fc6ced7">[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

[[Page 11637]]

should be received by the Commission by 5:30 p.m. on March 31, 2025, 
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.

ADDRESSES: The Commission: <a href="/cdn-cgi/l/email-protection#6231070110071603101b114f2d04040b0107221107014c050d14"><span class="__cf_email__" data-cfemail="ecbf898f9e89988d9e959fc1a38a8a858f89ac9f898fc28b839a">[email&#160;protected]</span></a>. Applicants: 
Gautam Bhandari, I Squared Capital Registered Advisor LLC, 
<a href="/cdn-cgi/l/email-protection#e681879392878bc8848e87888287948fa68f959793879483828587968f92878ac885898b"><span class="__cf_email__" data-cfemail="a3c4c2d6d7c2ce8dc1cbc2cdc7c2d1cae3cad0d2d6c2d1c6c7c0c2d3cad7c2cf8dc0ccce">[email&#160;protected]</span></a>, with copies to Benjamin Wells, 
Esq., Simpson Thacher & Bartlett LLP, <a href="/cdn-cgi/l/email-protection#036174666f6f70437077616f62742d606c6e"><span class="__cf_email__" data-cfemail="a4c6d3c1c8c8d7e4d7d0c6c8c5d38ac7cbc9">[email&#160;protected]</span></a>, and Jonathan 
H. Gaines, Esq., Simpson Thacher & Bartlett LLP, 
<a href="/cdn-cgi/l/email-protection#dcb6b3b2bda8b4bdb2f2bbbdb5b2b9af9cafa8beb0bdabf2bfb3b1"><span class="__cf_email__" data-cfemail="d6bcb9b8b7a2beb7b8f8b1b7bfb8b3a596a5a2b4bab7a1f8b5b9bb">[email&#160;protected]</span></a>.

FOR FURTHER INFORMATION CONTACT: Trace W. Rakestraw, Senior Special 
Counsel, 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 February 11, 2025, 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/companysearch">https://www.sec.gov/edgar/searchedgar/companysearch</a>. You may also call the 
SEC's Office of Investor Education and Advocacy at (202) 551-8090.

    For the Commission, by the Division of Investment Management, 
under delegated authority.
Sherry R. Haywood,
Assistant Secretary.
[FR Doc. 2025-03744 Filed 3-7-25; 8:45 am]
BILLING CODE 8011-01-P


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Indexed from Federal Register on March 10, 2025.

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.