Notice2025-05518

LAGO Evergreen Credit, 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
April 1, 2025

Issuing agencies

Securities and Exchange Commission

Full Text

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<title>Federal Register, Volume 90 Issue 61 (Tuesday, April 1, 2025)</title>
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[Federal Register Volume 90, Number 61 (Tuesday, April 1, 2025)]
[Notices]
[Pages 14407-14408]
From the Federal Register Online via the Government Publishing Office [<a href="http://www.gpo.gov">www.gpo.gov</a>]
[FR Doc No: 2025-05518]


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SECURITIES AND EXCHANGE COMMISSION

[Investment Company Act Release No. 35512; File No. 812-15660]


LAGO Evergreen Credit, et al.

March 26, 2025.
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: LAGO Evergreen Credit, LAGO Asset Management, LLC, LAGO 
Innovation Fund I, LP, LAGO Innovation Fund I-QP, LP, LAGO Innovation 
Fund, LLC, LAGO Innovation Fund II-AI, LP, LAGO Innovation Fund II-QP, 
LP, LAGO Innovation Fund II, LLC, LAGO Delta Nine Fund, LP, LAGO Delta 
Nine Fund QP, LP, LAGO Delta Nine, LLC, LAGO D9 Equity Fund I, LP, LAGO 
D9 Equity Fund I-QP, LP, LAGO Innovation Fund III-AI, LP, LAGO 
Innovation Fund III-QP, LP, LAGO Innovation Fund III, LLC, LAGO 
Acceleration Fund I, LP, LAGO Acceleration Fund I-QP, LP.

Filing Dates: The application was filed on November 20, 2024, and 
amended on March 12, 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#adfec8cedfc8d9ccdfd4de80e2cbcbc4cec8eddec8ce83cac2db"><span class="__cf_email__" data-cfemail="0f5c6a6c7d6a7b6e7d767c22406969666c6a4f7c6a6c21686079">[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 21, 
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#de8dbbbdacbbaabfaca7ad91b8b8b7bdbb9eadbbbdf0b9b1a8"><span class="__cf_email__" data-cfemail="fcaf999f8e99889d8e858fb39a9a959f99bc8f999fd29b938a">[email&#160;protected]</span></a>.

ADDRESSES: The Commission: <a href="/cdn-cgi/l/email-protection#5605333524332237242f257b1930303f35331625333578313920"><span class="__cf_email__" data-cfemail="de8dbbbdacbbaabfaca7adf391b8b8b7bdbb9eadbbbdf0b9b1a8">[email&#160;protected]</span></a>. Applicants: Tim 
Gottfried, LAGO Asset Management LLC, at <a href="/cdn-cgi/l/email-protection#4a3e23270a262b2d25232424253c2b3e23252464292527"><span class="__cf_email__" data-cfemail="394d50547955585e56505757564f584d505657175a5654">[email&#160;protected]</span></a>; and 
Stephani M. Hildebrandt, Esq. and Anne G. Oberndorf, Esq., Eversheds 
Sutherland (US) LLP, at <a href="/cdn-cgi/l/email-protection#27745342574f46494e6f4e4b43424555464943536742514255544f4243540a1b46074f5542411a" http: sutherland.com">sutherland.com</a>">StephaniHildebrandt@eversheds-<a href="http://sutherland.com">sutherland.com</a></a> 
and <a href="/cdn-cgi/l/email-protection#7a3b14141f35181f08141e15081c3a1f0c1f0809121f1e0957461b5a12081f1c47" http: sutherland.com">sutherland.com</a>">AnneOberndorf@eversheds-<a href="http://sutherland.com">sutherland.com</a></a>, respectively.

FOR FURTHER INFORMATION CONTACT: Chris Chase, Senior Counsel, Lisa Reid 
Ragen, Branch Chief, or Adam Large, Senior Special Counsel, at (202) 
551-6825 (Division of Investment Management, Chief Counsel's Office).

[[Page 14408]]


SUPPLEMENTARY INFORMATION: For Applicants' representations, legal 
analysis, and conditions, please refer to Applicants' first amended and 
restated application, dated March 12, 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, 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 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. 2025-05518 Filed 3-31-25; 8:45 am]
BILLING CODE 8011-01-P


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Indexed from Federal Register on April 1, 2025.

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