Notice2025-09574

Variant Alternative Income Fund, 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
May 28, 2025

Issuing agencies

Securities and Exchange Commission

Full Text

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<title>Federal Register, Volume 90 Issue 101 (Wednesday, May 28, 2025)</title>
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[Federal Register Volume 90, Number 101 (Wednesday, May 28, 2025)]
[Notices]
[Page 22524]
From the Federal Register Online via the Government Publishing Office [<a href="http://www.gpo.gov">www.gpo.gov</a>]
[FR Doc No: 2025-09574]


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SECURITIES AND EXCHANGE COMMISSION

[Investment Company Act Release No. 35607; File No. 812-15771]


Variant Alternative Income Fund, et al.

May 22, 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:  Variant Alternative Income Fund, Variant Impact Fund, 
Variant Alternative Lending Fund, Variant Investments, LLC, and certain 
of their wholly-owned subsidiaries as described in Schedule A to the 
application.

FILING DATES:  The application was filed on April 30, 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#3c6f595f4e59485d4e454f11735a5a555f597c4f595f125b534a"><span class="__cf_email__" data-cfemail="ce9dabadbcabbaafbcb7bde381a8a8a7adab8ebdabade0a9a1b8">[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 June 16, 
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#97c4f2f4e5f2e3f6e5eee4bad8f1f1fef4f2d7e4f2f4b9f0f8e1"><span class="__cf_email__" data-cfemail="2d7e484e5f48594c5f545e00624b4b444e486d5e484e034a425b">[email&#160;protected]</span></a>.

ADDRESSES: The Commission: <a href="/cdn-cgi/l/email-protection#90c3f5f3e2f5e4f1e2e9e3bddff6f6f9f3f5d0e3f5f3bef7ffe6"><span class="__cf_email__" data-cfemail="9ccff9ffeef9e8fdeee5efb1d3fafaf5fff9dceff9ffb2fbf3ea">[email&#160;protected]</span></a>. Applicants: 
Joshua B. Deringer, Esq., <a href="/cdn-cgi/l/email-protection#c1abaeb2a9b4a0efa5a4b3a8afa6a4b381a7a0a4a6b3a4a5b3a8afaaa4b3efa2aeac"><span class="__cf_email__" data-cfemail="cfa5a0bca7baaee1abaabda6a1a8aabd8fa9aeaaa8bdaaabbda6a1a4aabde1aca0a2">[email&#160;protected]</span></a>; Curtis 
Fintel, <a href="/cdn-cgi/l/email-protection#422d32273023362b2d2c31023423302b232c362b2c342731362f272c36316c212d2f"><span class="__cf_email__" data-cfemail="127d62776073667b7d7c61526473607b737c667b7c647761667f777c66613c717d7f">[email&#160;protected]</span></a>.

FOR FURTHER INFORMATION CONTACT: Adam Large, Senior Special Counsel, 
Deepak T. Pai, 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' application, 
filed April 30, 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. 2025-09574 Filed 5-27-25; 8:45 am]
BILLING CODE 8011-01-P


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Indexed from Federal Register on May 28, 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.