Notice2025-20687

Willow Tree Capital Corporation, 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
November 24, 2025

Issuing agencies

Securities and Exchange Commission

Full Text

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<title>Federal Register, Volume 90 Issue 224 (Monday, November 24, 2025)</title>
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[Federal Register Volume 90, Number 224 (Monday, November 24, 2025)]
[Notices]
[Pages 53028-53029]
From the Federal Register Online via the Government Publishing Office [<a href="http://www.gpo.gov">www.gpo.gov</a>]
[FR Doc No: 2025-20687]


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SECURITIES AND EXCHANGE COMMISSION

[Investment Company Act Release No. 35792; File No. 812-15845]


Willow Tree Capital Corporation, et al.

November 19, 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.

[[Page 53029]]

    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: Willow Tree Capital Corporation, Willow Tree Capital 
Corp Advisors LLC, Willow Tree Credit Partners LP, Willow Tree Credit 
Partners SBIC Management LP, and certain of their affiliated entities 
as described in Schedule A to the Application.
    Filing Dates: The application was filed on July 3, 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#2a794f49584f5e4b58535907654c4c43494f6a594f49044d455c"><span class="__cf_email__" data-cfemail="3a695f59485f4e5b48434917755c5c53595f7a495f59145d554c">[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 December 
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#70231513021504110209035d3f1616191315300315135e171f06"><span class="__cf_email__" data-cfemail="96c5f3f5e4f3e2f7e4efe5bbd9f0f0fff5f3d6e5f3f5b8f1f9e0">[email&#160;protected]</span></a>.

ADDRESSES: The Commission: <a href="/cdn-cgi/l/email-protection#e1b2848293849580939892ccae8787888284a1928482cf868e97"><span class="__cf_email__" data-cfemail="8ddee8eeffe8f9ecfff4fea0c2ebebe4eee8cdfee8eea3eae2fb">[email&#160;protected]</span></a>. Applicants: 
Justin Lee, Willow Tree Credit Partners LP, <a href="/cdn-cgi/l/email-protection#dab6bfbf9aadb3b6b6b5adaea8bfbfb6aaf4b9b5b7"><span class="__cf_email__" data-cfemail="7a161f1f3a0d131616150d0e081f1f160a54191517">[email&#160;protected]</span></a>, Anne 
G. Oberndorf, Esq., <a href="/cdn-cgi/l/email-protection#f697989893999493849892998490b693809384859e939285dbca97d69e849390cb" 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 July 3, 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. 2025-20687 Filed 11-21-25; 8:45 am]
BILLING CODE 8011-01-P


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Indexed from Federal Register on November 24, 2025.

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