Notice2025-21155

Monroe 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 26, 2025

Issuing agencies

Securities and Exchange Commission

Full Text

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<title>Federal Register, Volume 90 Issue 226 (Wednesday, November 26, 2025)</title>
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[Federal Register Volume 90, Number 226 (Wednesday, November 26, 2025)]
[Notices]
[Pages 54437-54438]
From the Federal Register Online via the Government Publishing Office [<a href="http://www.gpo.gov">www.gpo.gov</a>]
[FR Doc No: 2025-21155]


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SECURITIES AND EXCHANGE COMMISSION

[Investment Company Act Release No. 35799; File No. 812-15798]


Monroe Capital Corporation, et al.

November 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: Monroe Capital Corporation, Monroe Capital Income Plus 
Corporation, Horizon Technology Finance Corporation, Monroe Capital BDC 
Advisors, LLC, Horizon Technology Finance Management LLC, Monroe 
Capital Management Advisors, LLC, Monroe Capital Asset Management LLC, 
Monroe Capital Management LLC, Monroe Capital CLO Manager LLC, Monroe 
Capital CLO Manager II LLC, Monroe Capital Partners Fund Advisors, 
Inc., certain of their wholly-owned subsidiaries and joint ventures as 
described in Schedule A to the application, and certain of their 
affiliated entities as described in Schedule B to the application.

Filing Dates: The application was filed on May 14, 2025, and amended on 
August 6, 2025 and October 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#0d5e686e7f68796c7f747e20426b6b646e684d7e686e236a627b"><span class="__cf_email__" data-cfemail="7625131504130217040f055b3910101f15133605131558111900">[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 
16, 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#a5f6c0c6d7c0d1c4d7dcd688eac3c3ccc6c0e5d6c0c68bc2cad3"><span class="__cf_email__" data-cfemail="7427111706110015060d07593b12121d1711340711175a131b02">[email&#160;protected]</span></a>.

ADDRESSES: The Commission: <a href="/cdn-cgi/l/email-protection#0e5d6b6d7c6b7a6f7c777d23416868676d6b4e7d6b6d20696178"><span class="__cf_email__" data-cfemail="a1f2c4c2d3c4d5c0d3d8d28ceec7c7c8c2c4e1d2c4c28fc6ced7">[email&#160;protected]</span></a>. Applicants: 
Theodore Koenig, Chief Executive Officer, Monroe Capital Corporation, 
311 South Wacker Drive, Suite 6400, Chicago, IL 60606, 
<a href="/cdn-cgi/l/email-protection#097d62666c67606e496466677b666c6a6879276a6664"><span class="__cf_email__" data-cfemail="34405f5b515a5d5374595b5a465b515755441a575b59">[email&#160;protected]</span></a>; Michael P. Balkin, Chief Executive Officer, 
Horizon Technology Finance Corporation, 312 Farmington Avenue, 
Farmington, CT 06032, <a href="/cdn-cgi/l/email-protection#05686764696e6c6b456d6a776c7f6a6b7160666d636c6b646b66602b666a68"><span class="__cf_email__" data-cfemail="38555a59545351567850574a514257564c5d5b505e515659565b5d165b5755">[email&#160;protected]</span></a>; Clay Douglas, 
Esq., Dechert LLP, 1900 K Street NW, Washington, DC 20006, 
<a href="/cdn-cgi/l/email-protection#21624d40580f654e54464d405261454442494453550f424e4c"><span class="__cf_email__" data-cfemail="e1a28d8098cfa58e94868d8092a185848289849395cf828e8c">[email&#160;protected]</span></a>; and David Bartels, Esq., Dechert LLP, 1900 K 
Street NW,

[[Page 54438]]

Washington, DC 20006, <a href="/cdn-cgi/l/email-protection#afebced9c6cb81edcedddbcac3dcefcbcaccc7cadddb81ccc0c2"><span class="__cf_email__" data-cfemail="bffbdec9d6db91fddecdcbdad3ccffdbdadcd7dacdcb91dcd0d2">[email&#160;protected]</span></a>.

FOR FURTHER INFORMATION CONTACT: Jill Ehrlich, Senior Counsel, or Adam 
Large, 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' second amended 
application, dated October 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. 2025-21155 Filed 11-25-25; 8:45 am]
BILLING CODE 8011-01-P


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Indexed from Federal Register on November 26, 2025.

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