Notice2026-01449
USVC Venture Capital Access Fund and AngelList Asset Management, 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
January 26, 2026
Issuing agencies
Securities and Exchange Commission
Full Text
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<title>Federal Register, Volume 91 Issue 16 (Monday, January 26, 2026)</title>
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[Federal Register Volume 91, Number 16 (Monday, January 26, 2026)]
[Notices]
[Page 3262]
From the Federal Register Online via the Government Publishing Office [<a href="http://www.gpo.gov">www.gpo.gov</a>]
[FR Doc No: 2026-01449]
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SECURITIES AND EXCHANGE COMMISSION
[Investment Company Act Release No. 35909; 812-15911]
USVC Venture Capital Access Fund and AngelList Asset Management,
LLC
January 22, 2026.
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: USVC Venture Capital Access Fund and AngelList Asset
Management, LLC
FILING DATE: The application was filed on October 2, 2025 and amended
on January 6, 2026.
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#5407313726312035262d27791b32323d3731142731377a333b22"><span class="__cf_email__" data-cfemail="1a497f79687f6e7b68636937557c7c73797f5a697f79347d756c">[email 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 February
17, 2026, 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#5c0f393f2e39283d2e252f71133a3a353f391c2f393f723b332a"><span class="__cf_email__" data-cfemail="590a3c3a2b3c2d382b202a74163f3f303a3c192a3c3a773e362f">[email protected]</span></a>. Applicants:
William J. Bielefeld, Esq. and Alexander Karampatsos, Esq., Dechert
LLP, 1900 K Street NW, Washington, DC 20006, with a copy to: Huoy-Ming
Yeh, AngelList Asset Management, LLC, 140 Lakeside Avenue, Suite 100,
Seattle, WA 98122.
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 January 6, 2026, 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/search/">https://www.sec.gov/edgar/search/</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. 2026-01449 Filed 1-23-26; 8:45 am]
BILLING CODE 8011-01-P
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