Notice2025-04997

North Haven Private Income Fund LLC, 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
March 25, 2025

Issuing agencies

Securities and Exchange Commission

Full Text

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<title>Federal Register, Volume 90 Issue 56 (Tuesday, March 25, 2025)</title>
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[Federal Register Volume 90, Number 56 (Tuesday, March 25, 2025)]
[Notices]
[Page 13652]
From the Federal Register Online via the Government Publishing Office [<a href="http://www.gpo.gov">www.gpo.gov</a>]
[FR Doc No: 2025-04997]


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SECURITIES AND EXCHANGE COMMISSION

[Investment Company Act Release No. 35507; File No. 812-15703]


North Haven Private Income Fund LLC, et al.

March 20, 2025.
AGENCY: Securities and Exchange Commission (``Commission'' or ``SEC'').

ACTION: Notice.

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    Notice of an application under Section 6(c) of the Investment 
Company Act of 1940 (``Act'') for an exemption from Sections 18(a)(2), 
18(c), 18(i), and 61(a) of the Act.

SUMMARY OF APPLICATION:  Applicants request an order to permit certain 
registered closed-end investment companies that have elected to be 
regulated as business development companies to issue multiple classes 
of shares with varying sales loads and asset-based distribution and/or 
service fees.

APPLICANTS:  North Haven Private Income Fund LLC, North Haven Private 
Income Fund A LLC, and MS Capital Partners Adviser Inc.

FILING DATES:  The application was filed on February 20, 2025 and 
amended on March 17, 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#eab98f89988f9e8b989399c7a58c8c83898faa998f89c48d859c"><span class="__cf_email__" data-cfemail="2271474150475643505b510f6d44444b4147625147410c454d54">[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 April 14, 2025, 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#a7f4c2c4d5c2d3c6d5ded48ae8c1c1cec4c2e7d4c2c489c0c8d1"><span class="__cf_email__" data-cfemail="41122422332435203338326c0e2727282224013224226f262e37">[email&#160;protected]</span></a>.

ADDRESSES: The Commission: <a href="/cdn-cgi/l/email-protection#aaf9cfc9d8cfdecbd8d3d987e5ccccc3c9cfead9cfc984cdc5dc"><span class="__cf_email__" data-cfemail="7320161001160712010a005e3c15151a1016330016105d141c05">[email&#160;protected]</span></a>. Applicants: 
Mustufa Salehbhai, Morgan Stanley Legal and Compliance, 3280 Peachtree 
Road, 20th Floor, Atlanta, GA 30305, 
<a href="/cdn-cgi/l/email-protection#733e0600070615125d20121f161b111b121a331e1c0114121d0007121d1f160a5d101c1e"><span class="__cf_email__" data-cfemail="a8e5dddbdcddcec986fbc9c4cdc0cac0c9c1e8c5c7dacfc9c6dbdcc9c6c4cdd186cbc7c5">[email&#160;protected]</span></a>; Thomas J. Friedmann, Dechert LLP, 
<a href="/cdn-cgi/l/email-protection#1d497572707c6e335b6f747879707c73735d79787e75786f69337e7270"><span class="__cf_email__" data-cfemail="d084b8bfbdb1a3fe96a2b9b5b4bdb1bebe90b4b5b3b8b5a2a4feb3bfbd">[email&#160;protected]</span></a>; and William J. Bielefeld, Dechert LLP, 
<a href="/cdn-cgi/l/email-protection#f9ae909595909894d7bb909c959c9f9c959db99d9c9a919c8b8dd79a9694"><span class="__cf_email__" data-cfemail="4017292c2c29212d6e0229252c2526252c2400242523282532346e232f2d">[email&#160;protected]</span></a>.

FOR FURTHER INFORMATION CONTACT: Deepak Pai, Senior Counsel, Lisa Reid 
Ragen, Branch Chief, 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' First Amended and 
Restated Application, dated March 17, 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. 2025-04997 Filed 3-24-25; 8:45 am]
BILLING CODE 8011-01-P


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Indexed from Federal Register on March 25, 2025.

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