Federal Register #812-15981

SEC Notice: Application for Joint Investment Order by Pender Real Estate Credit Fund and Affiliates

This opportunity involves a notice from the Securities and Exchange Commission (SEC) regarding an application for regulatory relief by Pender Real Estate Credit Fund and affiliated entities. - Government Buyer: - Securities and Exchange Commission (SEC) - Applicants: - Pender Real Estate Credit Fund - PC ABL SMA 1, L.P. - Pender Capital Management, LLC - Other affiliated entities - Products/Services Requested: - No products, part numbers, or purchase quantities are listed - The application pertains to investment management and regulatory permissions - Unique or Notable Requirements: - Request for an order under sections 17(d) and 57(i) of the Investment Company Act of 1940 - Seeks permission for business development companies (BDCs) and closed-end management investment companies to co-invest in portfolio companies with each other and with affiliated investment entities - OEMs and Vendors: - No OEMs or vendors are mentioned, as this is not a procurement opportunity - No goods or services acquisition requirements are present

Description

This notice pertains to an application filed on January 30, 2026, and amended on July 28, 2026, by Pender Real Estate Credit Fund and affiliated entities. The application requests an order under sections 17(d) and 57(i) of the Investment Company Act of 1940 to permit certain joint transactions otherwise prohibited by the Act. The applicants seek permission for certain business development companies and closed-end management investment companies to co-invest in portfolio companies with each other and with certain affiliated investment entities. The Securities and Exchange Commission will issue an order granting the requested relief unless a hearing is ordered.

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