Notice2025-13233

Ardian Access LLC, 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
July 15, 2025

Issuing agencies

Securities and Exchange Commission

Full Text

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<title>Federal Register, Volume 90 Issue 133 (Tuesday, July 15, 2025)</title>
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[Federal Register Volume 90, Number 133 (Tuesday, July 15, 2025)]
[Notices]
[Pages 31731-31732]
From the Federal Register Online via the Government Publishing Office [<a href="http://www.gpo.gov">www.gpo.gov</a>]
[FR Doc No: 2025-13233]


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SECURITIES AND EXCHANGE COMMISSION

[Investment Company Act Release No. 35674; File No. 812-15728]


Ardian Access LLC, et al.

July 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 
registered closed-end management investment companies and business 
development companies to co-invest in portfolio companies with each 
other and with certain affiliated investment entities.

Applicants:  Ardian Access LLC, Ardian US LLC, ARDIAN Investment UK 
Limited, ARDIAN France, ARDIAN Investment Singapore Pte Ltd, ARDIAN 
Investment Switzerland AG, AA Blocker LLC, AA HoldCo LLC, and certain 
of their affiliated entities as described in Appendix A to the 
application.

Filing Dates:  The application was filed on March 21, 2025, and amended 
on April 25, 2025, June 24, 2025, and July 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#6330060011061702111a104e2c05050a0006231006004d040c15"><span class="__cf_email__" data-cfemail="a6f5c3c5d4c3d2c7d4dfd58be9c0c0cfc5c3e6d5c3c588c1c9d0">[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

[[Page 31732]]

by 5:30 p.m. on August 5, 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#4714222435223326353e346a0821212e24220734222469202831"><span class="__cf_email__" data-cfemail="095a6c6a7b6c7d687b707a24466f6f606a6c497a6c6a276e667f">[email&#160;protected]</span></a>.

ADDRESSES: The Commission: <a href="/cdn-cgi/l/email-protection#11427472637465706368623c5e7777787274516274723f767e67"><span class="__cf_email__" data-cfemail="11427472637465706368623c5e7777787274516274723f767e67">[email&#160;protected]</span></a>. Applicants: 
Michael Ferragamo, Ardian Access LLC, 1370 Avenue of the Americas, New 
York, NY 10019; Gregory Davis, Ropes & Gray, 
<a href="/cdn-cgi/l/email-protection#3b7c495e5c544942157f5a4d52487b49544b5e485c495a4215585456"><span class="__cf_email__" data-cfemail="470035222028353e690326312e340735283722342035263e6924282a">[email&#160;protected]</span></a>; Christopher Labosky, Ropes & Gray, 
<a href="/cdn-cgi/l/email-protection#2f6c475d465c5b405f474a5d01634e4d405c44566f5d405f4a5c485d4e56014c4042"><span class="__cf_email__" data-cfemail="f0b398829983849f80989582debc91929f839b89b0829f80958397829189de939f9d">[email&#160;protected]</span></a>.

FOR FURTHER INFORMATION CONTACT: Adam Large, Senior Special Counsel, 
Kris Easter Guidroz, 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, filed July 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="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. 2025-13233 Filed 7-14-25; 8:45 am]
BILLING CODE 8011-01-P


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Indexed from Federal Register on July 15, 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.