Opportunity
Federal Register #812-15961
SEC Notice: Application for Order Permitting Certain Joint Transactions under the Investment Company Act
Buyer
Securities and Exchange Commission
Posted
June 08, 2026
Identifier
812-15961
This notice from the Securities and Exchange Commission (SEC) concerns a regulatory application, not a procurement opportunity. - Government buyer: - Securities and Exchange Commission (SEC) - 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) - Certain affiliated entities - Purpose: - Application for an order under sections 17(d) and 57(i) of the Investment Company Act of 1940 and rule 17d-1 - Seeks permission for business development companies, 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 - No products, services, part numbers, or quantities are being requested - This is an informational regulatory notice, not a solicitation for goods or services
Description
The Securities and Exchange Commission (SEC) has filed an application for an order under sections 17(d) and 57(i) of the Investment Company Act of 1940 and rule 17d-1 under the Act. The application seeks permission to permit certain joint transactions that are otherwise prohibited by sections 17(d) and 57(a)(4) of the Act. The applicants include 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 affiliated entities. The application was filed on December 22, 2025, and amended on June 1, 2026.