Federal Register #812-15872

This opportunity concerns a regulatory notice from the Securities and Exchange Commission (SEC) regarding joint investment activities: - Government Buyer: - Securities and Exchange Commission (SEC) - Office located at 100 F Street NE, Washington, DC 20549 - Applicants: - ACAP Strategic Fund - Innovation Access Fund - SilverBay Capital Management LLC - Alkeon Capital Management, LLC - Various affiliated entities - Purpose of Notice: - Application for an SEC order under sections 17(d) and 57(i) of the Investment Company Act of 1940 and rule 17d-1 - Seeks permission for certain business development companies (BDCs) and closed-end management investment companies to co-invest in portfolio companies with each other and with affiliated investment entities - Products/Services Requested: - No products or services are being procured; this is a regulatory request - Unique or Notable Requirements: - The application seeks relief from restrictions that would otherwise prohibit joint investments among the listed entities - The SEC is soliciting public comments on the application - No OEMs or vendors are involved, as this is not a procurement action

This notice from the Securities and Exchange Commission pertains to an application filed on August 4, 2025, and amended on March 9, 2026, by ACAP Strategic Fund and related entities. The application requests an order under sections 17(d) and 57(i) of the Investment Company Act of 1940 and rule 17d-1 to permit certain joint transactions otherwise prohibited by the Act. Specifically, it seeks permission for certain business development companies and closed-end management investment companies to co-invest in portfolio companies with each other and affiliated investment entities. Interested parties may request a hearing by April 17, 2026.