Notice2025-10988

Trinity Capital Inc., 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
June 17, 2025

Issuing agencies

Securities and Exchange Commission

Full Text

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<title>Federal Register, Volume 90 Issue 115 (Tuesday, June 17, 2025)</title>
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[Federal Register Volume 90, Number 115 (Tuesday, June 17, 2025)]
[Notices]
[Page 25699]
From the Federal Register Online via the Government Publishing Office [<a href="http://www.gpo.gov">www.gpo.gov</a>]
[FR Doc No: 2025-10988]


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SECURITIES AND EXCHANGE COMMISSION

[Investment Company Act Release No. 35634; File No. 812-15594]


Trinity Capital Inc., et al.

June 11, 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: Trinity Capital Inc., Trinity Capital Adviser LLC, TrinCap 
Funding, LLC, EPT 16 LLC, and EPT SPV 16 Sub (US) LLC.

Filing Dates: The application was filed on June 28, 2024, and amended 
on April 29, 2025, and June 10, 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#9bc8fef8e9feeffae9e2e8b6d4fdfdf2f8fedbe8fef8b5fcf4ed"><span class="__cf_email__" data-cfemail="6231070110071603101b114f2d04040b0107221107014c050d14">[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 July 7, 
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#8fdceaecfdeafbeefdf6fca2c0e9e9e6eceacffceaeca1e8e0f9"><span class="__cf_email__" data-cfemail="31625452435445504348421c7e5757585254714254521f565e47">[email&#160;protected]</span></a>.

ADDRESSES: The Commission: <a href="/cdn-cgi/l/email-protection#1744727465726376656e643a5871717e74725764727439707861"><span class="__cf_email__" data-cfemail="a0f3c5c3d2c5d4c1d2d9d38defc6c6c9c3c5e0d3c5c38ec7cfd6">[email&#160;protected]</span></a>. Applicants: Sarah 
Stanton, Esq. Trinity Capital Inc., 1 N 1st Street, Suite 302, Phoenix, 
AZ 85004; Harry Pangas, Esq., <a href="/cdn-cgi/l/email-protection#cea6afbcbcb7e0beafa0a9afbd8eaaabada6abbcbae0ada1a3"><span class="__cf_email__" data-cfemail="cda5acbfbfb4e3bdaca3aaacbe8da9a8aea5a8bfb9e3aea2a0">[email&#160;protected]</span></a>, Dechert LLP, 
1900 K Street NW, Washington, DC 20006; Darius Ravangard, Esq., 
<a href="/cdn-cgi/l/email-protection#88ece9fae1fdfba6fae9fee9e6efe9faecc8ecedebe0edfafca6ebe7e5"><span class="__cf_email__" data-cfemail="f29693809b8781dc809384939c95938096b29697919a978086dc919d9f">[email&#160;protected]</span></a>, Dechert LLP, 1900 K Street NW, 
Washington, DC 20006.

FOR FURTHER INFORMATION CONTACT: Adam Large, Senior Special Counsel, 
Toyin Momoh, 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' second amended 
application, dated June 10, 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. 2025-10988 Filed 6-16-25; 8:45 am]
BILLING CODE 8011-01-P


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Indexed from Federal Register on June 17, 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.