Notice2025-08324
Investment Company Act Release No.35578; File No. 812-15757 Varagon Capital Corporation, et al.
Primary source
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Published
May 12, 2025
Issuing agencies
Securities and Exchange Commission
Full Text
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<title>Federal Register, Volume 90 Issue 90 (Monday, May 12, 2025)</title>
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[Federal Register Volume 90, Number 90 (Monday, May 12, 2025)]
[Notices]
[Pages 20198-20199]
From the Federal Register Online via the Government Publishing Office [<a href="http://www.gpo.gov">www.gpo.gov</a>]
[FR Doc No: 2025-08324]
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SECURITIES AND EXCHANGE COMMISSION
Investment Company Act Release No.35578; File No. 812-15757
Varagon Capital Corporation, et al.
May 7, 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.
Applicants: Varagon Capital Corporation, Senior Direct Lending Program,
LLC, VCC Advisors, LLC, Varagon Capital Partners, L.P., certain of
their affiliated entities as described in Appendix A to the
application, and certain of their wholly-owned subsidiaries as
described in Appendix B to the application.
Filing Dates: The application was filed on April 17, 2025 and amended
on May 5, 2025.
Hearing or Notification of Hearing: An order granting the requested
relief will be issued unless theCommission orders a hearing. Interested
persons may request a hearing on any application by e- mailing the
SEC's Secretary at <a href="/cdn-cgi/l/email-protection#86d5e3e5f4e3f2e7f4fff5abc9e0e0efe5e3c6f5e3e5a8e1e9f0"><span class="__cf_email__" data-cfemail="91c2f4f2e3f4e5f0e3e8e2bcdef7f7f8f2f4d1e2f4f2bff6fee7">[email 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 June 2, 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#590a3c3a2b3c2d382b202a74163f3f303a3c192a3c3a773e362f"><span class="__cf_email__" data-cfemail="e6b5838594839287949f95cba980808f8583a6958385c8818990">[email protected]</span></a>.
ADDRESSES: The Commission: <a href="/cdn-cgi/l/email-protection#d586b0b6a7b0a1b4a7aca6f89ab3b3bcb6b095a6b0b6fbb2baa3"><span class="__cf_email__" data-cfemail="d685b3b5a4b3a2b7a4afa5fb99b0b0bfb5b396a5b3b5f8b1b9a0">[email protected]</span></a>. Applicants: Afsar
Farman-Farmaian, Esq., Varagon Capital Corporation, 151 West 42nd
Street, 53rd Floor, New York, NY 10036, <a href="/cdn-cgi/l/email-protection#6513041704020a0b09000204092508040b4b060a08"><span class="__cf_email__" data-cfemail="a1d7c0d3c0c6cecfcdc4c6c0cde1ccc0cf8fc2cecc">[email protected]</span></a>; Steven B.
Boehm, Esq., Anne G. Oberndorf, Esq., Payam Siadatpour, Esq., Sara
Sabour Nasseri, Esq., Eversheds Sutherland (US) LLP, 700 Sixth Street
NW, Suite 700, Washington, DC 20001, <a href="/cdn-cgi/l/email-protection#13527d7d765c7176617d777c61755376657661607b7677603e2f72337b6176752e" http: sutherland.com">sutherland.com</a>">AnneOberndorf@eversheds-<a href="http://sutherland.com">sutherland.com</a></a>.
FOR FURTHER INFORMATION CONTACT: Adam Large, Senior Special Counsel,
Jill Ehrlich, 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, andconditions, please refer to Applicants' first amended
application, dated May 5, 2025, which may be obtained via the
Commission's website
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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. 2025-08324 Filed 5-9-25; 8:45 am]
BILLING CODE 8011-01-P
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