Notice2025-19023

Diameter Dynamic Credit Fund and Diameter DCF Advisor LLC

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
September 30, 2025

Issuing agencies

Securities and Exchange Commission

Full Text

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<title>Federal Register, Volume 90 Issue 187 (Tuesday, September 30, 2025)</title>
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[Federal Register Volume 90, Number 187 (Tuesday, September 30, 2025)]
[Notices]
[Pages 46963-46964]
From the Federal Register Online via the Government Publishing Office [<a href="http://www.gpo.gov">www.gpo.gov</a>]
[FR Doc No: 2025-19023]


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SECURITIES AND EXCHANGE COMMISSION

[Investment Company Act Release No. 35767; 812-15886]


Diameter Dynamic Credit Fund and Diameter DCF Advisor LLC

September 26, 2025.
AGENCY: Securities and Exchange Commission (``Commission'' or ``SEC'').

ACTION: Notice.

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    Notice of an application under section 6(c) of the Investment 
Company Act of 1940 (the ``Act'') for an exemption from sections 
18(a)(2), 18(c) and 18(i) of the Act, under sections 6(c) and 23(c) of 
the Act for an exemption from rule 23c-3 under the Act, and for an 
order pursuant to section 17(d) of the Act and rule 17d-1 under the 
Act.
    Summary of Application: Applicants request an order to permit 
certain registered closed-end investment companies to issue multiple 
classes of shares and to impose asset-based distribution and/or service 
fees and early withdrawal charges.
    Applicants: Diameter Dynamic Credit Fund and Diameter DCF Advisor 
LLC
    Filing Date: The application was filed on August 29, 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#c99aacaabbacbda8bbb0bae486afafa0aaac89baacaae7aea6bf"><span class="__cf_email__" data-cfemail="1d4e787e6f78697c6f646e30527b7b747e785d6e787e337a726b">[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 October 
21, 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.

ADDRESSES: The Commission: <a href="/cdn-cgi/l/email-protection#2a794f49584f5e4b58535907654c4c43494f6a594f49044d455c"><span class="__cf_email__" data-cfemail="6e3d0b0d1c0b1a0f1c171d43210808070d0b2e1d0b0d40090118">[email&#160;protected]</span></a>. Applicants: 
Michael Cohn, Esq., Diameter Dynamic Credit Fund, 50 Hudson Yards, 
Suite 6600A, New York, New York 10001, with copies to Rajib Chanda, 
Esq., Simpson Thacher and Bartlett LLP, <a href="/cdn-cgi/l/email-protection#a3d1c2c9cac18dc0cbc2cdc7c2e3d0d7c1cfc2d48dc0ccce"><span class="__cf_email__" data-cfemail="2052414a49420e4348414e4441605354424c41570e434f4d">[email&#160;protected]</span></a>, 900 G 
Street

[[Page 46964]]

NW, Washington, DC 20001, Anne Choe, Esq., Simpson, Thacher and 
Bartlett LLP, <a href="/cdn-cgi/l/email-protection#3f5e51515a115c57505a7f4c4b5d535e48115c5052"><span class="__cf_email__" data-cfemail="d3b2bdbdb6fdb0bbbcb693a0a7b1bfb2a4fdb0bcbe">[email&#160;protected]</span></a>, 900 G Street NW, Washington, DC 
20001, and Neesa Patel Sood, Esq., Simpson, Thacher and Bartlett LLP, 
<a href="/cdn-cgi/l/email-protection#2668434355470875494942665552444a47510845494b"><span class="__cf_email__" data-cfemail="eca289899f8dc2bf838388ac9f988e808d9bc28f8381">[email&#160;protected]</span></a>, 900 G Street NW, Washington, DC 20001.

FOR FURTHER INFORMATION CONTACT: Trace W. Rakestraw, Senior Special 
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 August 29, 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/legacy/companysearch.html">https://www.sec.gov/edgar/searchedgar/legacy/companysearch.html</a>. You may also 
call the SEC's Public Reference Room at (202) 551-8090.

    For the Commission, by the Division of Investment Management, 
under delegated authority.
Sherry R. Haywood,
Assistant Secretary.
[FR Doc. 2025-19023 Filed 9-29-25; 8:45 am]
BILLING CODE 8011-01-P


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Indexed from Federal Register on September 30, 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.