CIFC Direct Lending Evergreen Fund, et al.

[Federal Register Volume 91, Number 109 (Monday, June 8, 2026)]

[Notices]

[Pages 34680-34681]

From the Federal Register Online via the Government Publishing Office [ www.gpo.gov ]

[FR Doc No: 2026-11386]

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SECURITIES AND EXCHANGE COMMISSION

[Investment Company Act Release No. 36202; File No. 812-15961]

CIFC Direct Lending Evergreen Fund, et al.

June 3, 2026.

AGENCY: Securities and Exchange Commission (``Commission'' or

``SEC'').

ACTION: 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.

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Summary of Application: Applicants request an order to permit certain

business development companies (``BDCs''), 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.

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, and certain of their affiliated entities as

described in Schedules A and B to the Application.

Filing Dates: The application was filed on December 22, 2025, and

amended on June 1, 2026.

Hearing or Notification of Hearing: An order granting the requested

relief will

[[Page 34681]]

be issued unless the Commission orders a hearing. Interested persons

may request a hearing on any application by emailing the SEC's

Secretary at [email protected] 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. The email should

include file number referenced above. Hearing requests should be

received by the Commission by 5:30 p.m., Eastern time, on June 29,

2026, 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

[email protected] .

ADDRESSES: The Commission: [email protected] . Applicants: Asha

Richards, CIFC Private Credit Management LLC, 1 SE 3rd Avenue, Suite

1660, Miami, FL 33131; Richard Horowitz, Esq., Dechert LLP, 1095 Avenue

of the Americas, New York, NY 10036; Alexander Karampatsos, Esq.,

Dechert LLP, 1900 K Street NW, Washington, DC 20006.

FOR FURTHER INFORMATION CONTACT: Adam Large, Senior Special Counsel,

or Deepak T. Pai, Senior 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' first amended

application, filed June 1, 2026, 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/search-filings . You may also call the SEC's Office of Investor

Education and Assistance at (202) 551-8090.

For the Commission, by the Division of Investment Management,

under delegated authority.

Sherry R. Haywood,

Assistant Secretary.

[FR Doc. 2026-11386 Filed 6-5-26; 8:45 am]

BILLING CODE 8011-01-P