Notice2025-16289

ISQ OpenInfra 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
August 26, 2025

Issuing agencies

Securities and Exchange Commission

Full Text

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<title>Federal Register, Volume 90 Issue 163 (Tuesday, August 26, 2025)</title>
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[Federal Register Volume 90, Number 163 (Tuesday, August 26, 2025)]
[Notices]
[Page 41618]
From the Federal Register Online via the Government Publishing Office [<a href="http://www.gpo.gov">www.gpo.gov</a>]
[FR Doc No: 2025-16289]


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SECURITIES AND EXCHANGE COMMISSION

[Investment Company Act Release No. 35722; File No. 812-15764]


ISQ OpenInfra Income Fund, et al.

August 21, 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:  ISQ OpenInfra Income Fund, I Squared Capital Registered 
Advisor LLC, I Squared Capital Registered Advisors (US) LLC, I Squared 
Capital Advisors (UK) LLP, I Squared Asia Advisors Pte. Ltd., I Squared 
Capital Advisors (HK) Limited, I Squared Capital Advisors (Taiwan) 
Limited, I Squared Australia Advisors Pty Ltd, I Squared India Advisors 
Private Limited, I Squared Capital Advisors (Brazil) Ltda., and certain 
Existing Affiliated Funds as described in Exhibit A to the application.

Filing Dates:  The application was filed on April 23, 2025, and amended 
on August 18, 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#ca99afa9b8afbeabb8b3b9e785acaca3a9af8ab9afa9e4ada5bc"><span class="__cf_email__" data-cfemail="a1f2c4c2d3c4d5c0d3d8d28ceec7c7c8c2c4e1d2c4c28fc6ced7">[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 September 
15, 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#1f4c7a7c6d7a6b7e6d666c32507979767c7a5f6c7a7c31787069"><span class="__cf_email__" data-cfemail="5a093f39283f2e3b28232977153c3c33393f1a293f39743d352c">[email&#160;protected]</span></a>.

ADDRESSES: The Commission: <a href="/cdn-cgi/l/email-protection#1e4d7b7d6c7b6a7f6c676d33517878777d7b5e6d7b7d30797168"><span class="__cf_email__" data-cfemail="e3b0868091869782919a90ceac85858a8086a3908680cd848c95">[email&#160;protected]</span></a>. Applicants: 
Christopher Fischer, I Squared Capital, 
<a href="/cdn-cgi/l/email-protection#14777c667d673a727d67777c7166547d676561756671707775647d6075783a777b79"><span class="__cf_email__" data-cfemail="12717a607b613c747b61717a7760527b616367736077767173627b66737e3c717d7f">[email&#160;protected]</span></a>, Benjamin Wells, Esq., 
<a href="/cdn-cgi/l/email-protection#1c7e6b7970706f5c6f687e707d6b327f7371"><span class="__cf_email__" data-cfemail="94f6e3f1f8f8e7d4e7e0f6f8f5e3baf7fbf9">[email&#160;protected]</span></a>, and Jonathan H. Gaines, Esq, 
<a href="/cdn-cgi/l/email-protection#f8929796998c909996d69f9991969d8bb88b8c9a94998fd69b9795"><span class="__cf_email__" data-cfemail="87ede8e9e6f3efe6e9a9e0e6eee9e2f4c7f4f3e5ebe6f0a9e4e8ea">[email&#160;protected]</span></a>, both of Simpson Thacher & Bartlett LLP.

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' First Amended and 
Restated Application, dated August 18, 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.
Vanessa A. Countryman,
Secretary.
[FR Doc. 2025-16289 Filed 8-25-25; 8:45 am]
BILLING CODE 8011-01-P


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Indexed from Federal Register on August 26, 2025.

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