90 FR 117 pg. 26358 - Sound Point Meridian Capital, Inc.,
et al.
Type: NOTICEVolume: 90Number: 117Page: 26358
Page: 26358Docket number: [Investment Company Act Release No. 35641; File No. 812-15593]
FR document: [FR Doc. 2025-11392 Filed 6-18-25; 8:45 am]
Agency: Securities and Exchange Commission
Official PDF Version: PDF Version
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SECURITIES AND EXCHANGE COMMISSION
[Investment Company Act Release No. 35641; File No. 812-15593]
Sound Point Meridian Capital, Inc., et al.
June 17, 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.
APPLICANTS:
Sound Point Meridian Capital, Inc., Sound Point Alternative Income Fund, Sound Point Meridian Management Company, LLC, Sound Point Capital Management, LP, Sound Point CLO C-MOA, and certain of their affiliated entities as described on Schedule A and Schedule B of the application.
FILING DATES:
The application was filed on June 27, 2024, and amended on December 23, 2024, April 3, 2025, April 15, 2025, May 13, 2025, June 4, 2025, and June 11, 2025.
HEARING OR NOTIFICATION OF HEARING:
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 July 14, 2025, 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 Secretarys-Office@sec.gov.
ADDRESSES:
The Commission: Secretarys-Office@sec.gov. Applicants: Wendy Ruberti, General Counsel, Sound Point Capital Management, LP, at wruberti@soundpointcap.com ; and Harry S. Pangas and Philip T. Hinkle, Dechert LLP, at harry.pangas@dechert.com and philip.hinkle@dechert.com , respectively.
FOR FURTHER INFORMATION CONTACT:
Adam Large, Senior Special Counsel, Kieran G. Brown, 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' sixth amended application, dated June 11, 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. 2025-11392 Filed 6-18-25; 8:45 am]
BILLING CODE 8011-01-P