Notice2025-11718

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
June 25, 2025

Issuing agencies

Securities and Exchange Commission

Full Text

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<title>Federal Register, Volume 90 Issue 120 (Wednesday, June 25, 2025)</title>
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[Federal Register Volume 90, Number 120 (Wednesday, June 25, 2025)]
[Notices]
[Page 27064]
From the Federal Register Online via the Government Publishing Office [<a href="http://www.gpo.gov">www.gpo.gov</a>]
[FR Doc No: 2025-11718]


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SECURITIES AND EXCHANGE COMMISSION

[Investment Company Act Release No. 35648; File No. 812-15791]


LAGO Evergreen Credit, et al.

June 23, 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 17-1 under 
the Act to permit certain joint transactions otherwise prohibited by 
sections 17(d) and 57(a)(4) of the Act and rule 17-1 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: 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, LAGO Apex 
Credit Corporation.

Filing Dates: The application was filed on May 9, 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#ce9dabadbcabbaafbcb7bde381a8a8a7adab8ebdabade0a9a1b8"><span class="__cf_email__" data-cfemail="a0f3c5c3d2c5d4c1d2d9d38defc6c6c9c3c5e0d3c5c38ec7cfd6">[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 18, 
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#cc9fa9afbea9b8adbeb5bfe183aaaaa5afa98cbfa9afe2aba3ba"><span class="__cf_email__" data-cfemail="adfec8cedfc8d9ccdfd4de80e2cbcbc4cec8eddec8ce83cac2db">[email&#160;protected]</span></a>.

ADDRESSES: The Commission: <a href="/cdn-cgi/l/email-protection#1447717766716075666d67395b72727d7771546771773a737b62"><span class="__cf_email__" data-cfemail="d88bbdbbaabdacb9aaa1abf597bebeb1bbbd98abbdbbf6bfb7ae">[email&#160;protected]</span></a>. Applicants: Tim 
Gottfried, LAGO Asset Management LLC, <a href="/cdn-cgi/l/email-protection#ff8b9692bf939e989096919190899e8b969091d19c9092"><span class="__cf_email__" data-cfemail="b2c6dbdff2ded3d5dddbdcdcddc4d3c6dbdddc9cd1dddf">[email&#160;protected]</span></a>, and Anne 
G. Oberndorf, Esq., Eversheds Sutherland (US) LLP, 
<a href="/cdn-cgi/l/email-protection#4f2e21212a202d2a3d212b203d290f2a392a3d3c272a2b3c62732e6f273d2a2972" 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, 
Stephan N. Packs, 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, 
dated May 9, 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="http://www.sec.gov/edgar/searchedgar/companysearch">www.sec.gov/edgar/searchedgar/companysearch</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. 2025-11718 Filed 6-24-25; 8:45 am]
BILLING CODE 8011-01-P


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Indexed from Federal Register on June 25, 2025.

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