Skip to main content
Notice2026-11386

CIFC Direct Lending Evergreen 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
June 8, 2026

Issuing agencies

Securities and Exchange Commission

Full Text

<html>
<head>
<title>Federal Register, Volume 91 Issue 109 (Monday, June 8, 2026)</title>
</head>
<body><pre>
[Federal Register Volume 91, Number 109 (Monday, June 8, 2026)]
[Notices]
[Pages 34680-34681]
From the Federal Register Online via the Government Publishing Office [<a href="http://www.gpo.gov">www.gpo.gov</a>]
[FR Doc No: 2026-11386]


-----------------------------------------------------------------------

SECURITIES AND EXCHANGE COMMISSION

[Investment Company Act Release No. 36202; File No. 812-15961]


CIFC Direct Lending Evergreen Fund, et al.

June 3, 2026.
AGENCY:  Securities and Exchange Commission (``Commission'' or 
``SEC'').

ACTION: 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''), closed-end management 
investment companies, and open-end management investment companies to 
co-invest in portfolio companies with each other and with certain 
affiliated investment entities.

Applicants: CIFC Direct Lending Evergreen Fund, CIFC Private Credit 
Management LLC, CIFC Asset Management LLC, LBC Credit Management, L.P. 
d/b/a LBC Credit Partners, and certain of their affiliated entities as 
described in Schedules A and B to the Application.

Filing Dates: The application was filed on December 22, 2025, and 
amended on June 1, 2026.

Hearing or Notification of Hearing: An order granting the requested 
relief will

[[Page 34681]]

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#30635553425544514249431d7f5656595355704355531e575f46"><span class="__cf_email__" data-cfemail="c390a6a0b1a6b7a2b1bab0ee8ca5a5aaa0a683b0a6a0eda4acb5">[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. The email should 
include file number referenced above. Hearing requests should be 
received by the Commission by 5:30 p.m., Eastern time, on June 29, 
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 at 
<a href="/cdn-cgi/l/email-protection#b9eadcdacbdccdd8cbc0ca94f6dfdfd0dadcf9cadcda97ded6cf"><span class="__cf_email__" data-cfemail="e1b2848293849580939892ccae8787888284a1928482cf868e97">[email&#160;protected]</span></a>.

ADDRESSES: The Commission: <a href="/cdn-cgi/l/email-protection#1f4c7a7c6d7a6b7e6d666c32507979767c7a5f6c7a7c31787069"><span class="__cf_email__" data-cfemail="affccaccddcadbceddd6dc82e0c9c9c6cccaefdccacc81c8c0d9">[email&#160;protected]</span></a>. Applicants: Asha 
Richards, CIFC Private Credit Management LLC, 1 SE 3rd Avenue, Suite 
1660, Miami, FL 33131; Richard Horowitz, Esq., Dechert LLP, 1095 Avenue 
of the Americas, New York, NY 10036; Alexander Karampatsos, Esq., 
Dechert LLP, 1900 K Street NW, Washington, DC 20006.

FOR FURTHER INFORMATION CONTACT:  Adam Large, Senior Special Counsel, 
or Deepak T. Pai, Senior 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 
application, filed June 1, 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/search-filings">https://www.sec.gov/search-filings</a>. You may also call the SEC's Office of Investor 
Education and Assistance at (202) 551-8090.

    For the Commission, by the Division of Investment Management, 
under delegated authority.
Sherry R. Haywood,
Assistant Secretary.
[FR Doc. 2026-11386 Filed 6-5-26; 8:45 am]
BILLING CODE 8011-01-P


</pre><script data-cfasync="false" src="/cdn-cgi/scripts/5c5dd728/cloudflare-static/email-decode.min.js"></script></body>
</html>
Indexed from Federal Register on June 8, 2026.

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.