Notice2025-06015

FS Credit Opportunities Corp., 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 8, 2025

Issuing agencies

Securities and Exchange Commission

Full Text

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<title>Federal Register, Volume 90 Issue 66 (Tuesday, April 8, 2025)</title>
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[Federal Register Volume 90, Number 66 (Tuesday, April 8, 2025)]
[Notices]
[Page 15171]
From the Federal Register Online via the Government Publishing Office [<a href="http://www.gpo.gov">www.gpo.gov</a>]
[FR Doc No: 2025-06015]



[[Page 15171]]

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SECURITIES AND EXCHANGE COMMISSION

[Investment Company Act Release No. 35520; File No. 812-15706]


FS Credit Opportunities Corp., et al.

April 3, 2025.
AGENCY: Securities and Exchange Commission (``Commission'' or ``SEC'').

ACTION: Notice.

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    Notice of application for an 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 (``BDCs'') and closed-end management 
investment companies to co-invest in portfolio companies with each 
other and with certain affiliated investment entities. The requested 
order includes streamlined terms and conditions as compared to past 
comparable orders.

APPLICANTS:  FS Credit Opportunities Corp., PA Senior Credit 
Opportunities Fund, L.P., FS Senior Credit Fund II, L.P., FS Global 
Advisor, LLC, FS Credit Income Fund, FS Credit Income Advisor, LLC, FS 
Specialty Lending Fund, FS/EIG ADVISOR, LLC, FS Tactical Opportunities 
(LOI) Splitter, L.P., FS Tactical Opportunities (SI) Splitter, L.P., FS 
Tactical Opportunities (LOI) Splitter II, L.P., FS Tactical 
Opportunities (SI) Splitter II, L.P. and FS Tactical Advisor, LLC.

Filing Dates:  The application was filed on February 21, 2025, and 
amended on March 20, 2025, and April 3, 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#96c5f3f5e4f3e2f7e4efe5bbd9f0f0fff5f3d6e5f3f5b8f1f9e0"><span class="__cf_email__" data-cfemail="eab98f89988f9e8b989399c7a58c8c83898faa998f89c48d859c">[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 28, 
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 at 
<a href="/cdn-cgi/l/email-protection#a3f0c6c0d1c6d7c2d1dad08eecc5c5cac0c6e3d0c6c08dc4ccd5"><span class="__cf_email__" data-cfemail="97c4f2f4e5f2e3f6e5eee4bad8f1f1fef4f2d7e4f2f4b9f0f8e1">[email&#160;protected]</span></a>.

ADDRESSES: The Commission: <a href="/cdn-cgi/l/email-protection#6330060011061702111a104e2c05050a0006231006004d040c15"><span class="__cf_email__" data-cfemail="0c5f696f7e69786d7e757f21436a6a656f694c7f696f226b637a">[email&#160;protected]</span></a>. Applicants: 
Stephen S. Sypherd, General Counsel, FS Global Advisor, LLC, 201 Rouse 
Boulevard, Philadelphia, Pennsylvania 19112; Julien Bourgeois, Dechert 
LLP, 1900 K Street NW, Washington, DC 20006; William Bielefeld, Dechert 
LLP, 1900 K Street NW, Washington, DC 20006.

FOR FURTHER INFORMATION CONTACT: Adam Large, Senior Special Counsel, 
Kieran G. Brown, Senior Counsel, or Daniele Marchesani, Assistant Chief 
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' third amended 
application, dated April 3, 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.html">https://www.sec.gov/edgar/searchedgar/companysearch.html</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. 2025-06015 Filed 4-7-25; 8:45 am]
BILLING CODE 8011-01-P


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Indexed from Federal Register on April 8, 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.