90 FR 84 pgs. 18879-18880 - Adams Street Private Equity Navigator Fund LLC, et al.
Type: NOTICEVolume: 90Number: 84Pages: 18879 - 18880
Pages: 18879, 18880Docket number: [Investment Company Act Release No. 35560; File No. 812-15634]
FR document: [FR Doc. 2025-07607 Filed 5-1-25; 8:45 am]
Agency: Securities and Exchange Commission
Official PDF Version: PDF Version
[top]
SECURITIES AND EXCHANGE COMMISSION
[Investment Company Act Release No. 35560; File No. 812-15634]
Adams Street Private Equity Navigator Fund LLC, et al.
April 28, 2025.
AGENCY:
Securities and Exchange Commission ("Commission" or "SEC").
ACTION:
Notice.
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") and closed-end management investment companies to co-invest in portfolio companies with each other and with certain affiliated investment entities. The requested order includes streamlined terms and conditions as compared to past comparable orders.
Applicants:
Adams Street Private Equity Navigator Fund LLC, Adams Street Advisors, LLC, Adams Street Partners, LLC, Adams Street Credit Advisors LP, ASP PC Holdings LLC, and certain of their affiliated entities as described in Schedule A to the application.
Filing Dates:
The application was filed on September 23, 2024, and amended on January 16, 2025, April 16, 2025, and April 24, 2025.
Hearing or Notification of Hearing:
[top] 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 Secretarys-Office@sec.gov 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 May 23, 2025, and
ADDRESSES:
The Commission: Secretarys-Office@sec.gov. Applicants: Eric R. Mansell, Adams Street Partners, LLC, emansell@adamsstreetpartners.com; Nicole M. Runyan, nicole.runyan@kirkland.com; Brad A. Green, brad.green@kirkland.com; Scott A. Moehrke, scott.moehrke@kirkland.com and Nicholas A. Hemmingsen, nicholas.hemmingsen@kirkland.com.
FOR FURTHER INFORMATION CONTACT:
Adam Large, Senior Special Counsel, Laura Solomon, Senior Counsel, or Daniele Marchesani, Assistant Chief 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' third amended application, dated April 24, 2025, 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 https://www.sec.gov/edgar/searchedgar/companysearch.html. 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. 2025-07607 Filed 5-1-25; 8:45 am]
BILLING CODE 8011-01-P