81 FR 64226 - Sunshine Act Meeting
SECURITIES AND EXCHANGE COMMISSION Federal Register Volume 81, Issue 181 (September 19, 2016)
Federal Register Volume 81, Issue 181 (September 19, 2016)
| Page Range | 64226-64226 | |
| FR Document | 2016-22659 |
[Federal Register Volume 81, Number 181 (Monday, September 19, 2016)] [Notices] [Page 64226] From the Federal Register Online [www.thefederalregister.org] [FR Doc No: 2016-22659] ----------------------------------------------------------------------- SECURITIES AND EXCHANGE COMMISSION Sunshine Act Meeting Notice is hereby given, pursuant to the provisions of the Government in the Sunshine Act, Public Law 94-409, that the Securities and Exchange Commission will hold a closed meeting on Thursday, September 22, 2016 at 2 p.m. Commissioners, Counsel to the Commissioners, the Secretary to the Commission, and recording secretaries will attend the closed meeting. Certain staff members who have an interest in the matters also may be present. The General Counsel of the Commission, or her designee, has certified that, in her opinion, one or more of the exemptions set forth in 5 U.S.C. 552b(c)(3), (5), (7), 9(B) and (10) and 17 CFR 200.402(a)(3), (a)(5), (a)(7), (a)(9)(ii) and (a)(10), permit consideration of the scheduled matter at the closed meeting. Commissioner Piwowar, as duty officer, voted to consider the items listed for the closed meeting in closed session. The subject matter of the closed meeting will be: Institution and settlement of injunctive actions; Institution and settlement of administrative proceedings; and Other matters relating to enforcement proceedings. At times, changes in Commission priorities require alterations in the scheduling of meeting items. For further information and to ascertain what, if any, matters have been added, deleted or postponed, please contact Brent J. Fields from the Office of the Secretary at (202) 551-5400. Dated: September 15, 2016. Brent J. Fields, Secretary. [FR Doc. 2016-22659 Filed 9-15-16; 4:15 pm] BILLING CODE 8011-01-P
![64226 Federal Register / Vol. 81, No. 181 / Monday, September 19, 2016 / Notices
submissions. You should submit only SECURITIES AND EXCHANGE FOR FURTHER INFORMATION CONTACT:
information that you wish to make COMMISSION Kieran G. Brown, Senior Counsel, at
available publicly. All submissions (202) 551–6773 or Daniele Marchesani,
[Release No. IC–32259; File No. 812–14602]
should refer to File Number SR–BX– Branch Chief, at (202) 551–6821
2016–049, and should be submitted on OFS Capital Corporation, et al.; Notice (Division of Investment Management,
or before October 11, 2016. of Application Chief Counsel’s Office).
For the Commission, by the Division of SUPPLEMENTARY INFORMATION: The
Trading and Markets, pursuant to delegated September 13, 2016. following is a summary of the
authority.23 AGENCY: Securities and Exchange application. The complete application
Robert W. Errett, Commission (‘‘Commission’’). may be obtained via the Commission’s
Deputy Secretary. ACTION: Notice of application for an Web site by searching for the file
[FR Doc. 2016–22416 Filed 9–16–16; 8:45 am] order under sections 17(d) and 57(i) of number, or for an applicant using the
BILLING CODE 8011–01–P
the Investment Company Act of 1940 Company name box, at http://
(the ‘‘Act’’) and rule 17d–1 under the www.sec.gov/search/search.htm or by
Act permitting certain joint transactions calling (202) 551–8090.
SECURITIES AND EXCHANGE otherwise prohibited by sections 17(d)
Applicants’ Representations
COMMISSION and 57(a)(4) of the Act and under rule
17d–1 under the Act. 1. OFS BDC, a Delaware corporation,
Sunshine Act Meeting is organized as a closed-end
SUMMARY OF APPLICATION: Applicants management investment company that
Notice is hereby given, pursuant to request an order to permit certain has elected to be regulated as a BDC
the provisions of the Government in the business development companies (each, under section 54(a) of the Act.1
Sunshine Act, Public Law 94–409, that a ‘‘BDC’’) and certain closed end Applicants state that OFS BDC seeks to
the Securities and Exchange investment companies to co-invest in generate both current income and
Commission will hold a closed meeting portfolio companies with each other and capital appreciation primarily through
on Thursday, September 22, 2016 at 2 with affiliated investment funds. debt investments and, to a lesser extent,
p.m. equity investments.
APPLICANTS: OFS Capital Corporation
Commissioners, Counsel to the 2. Hancock BDC, a Maryland
Commissioners, the Secretary to the (‘‘OFS BDC’’); Hancock Park Corporate
Income, Inc. (‘‘Hancock BDC’’ and corporation, was organized on
Commission, and recording secretaries December 8, 2015, for the purpose of
will attend the closed meeting. Certain together with OFS BDC, the ‘‘Existing
Regulated Funds’’); OFS Capital operating as an externally managed,
staff members who have an interest in closed-end management investment
the matters also may be present. Management, LLC (‘‘OFS Adviser’’);
OFSI Fund V, LTD., OFSI Fund VI, company which will elect to be
The General Counsel of the regulated as a BDC under section 54(a)
Commission, or her designee, has LTD., and OFSI Fund VII, LTD. (each an
‘‘Existing Affiliated Fund’’); and OFS of the Act. Structured as a private BDC,
certified that, in her opinion, one or Hancock BDC seeks to generate current
more of the exemptions set forth in 5 SBIC I LP (the ‘‘Existing SBIC
Subsidiary’’). income and, to a lesser extent, capital
U.S.C. 552b(c)(3), (5), (7), 9(B) and (10) appreciation primarily through debt
and 17 CFR 200.402(a)(3), (a)(5), (a)(7), FILING DATES: The application was filed
on January 15, 2016, and amended on investments and, to a lesser extent,
(a)(9)(ii) and (a)(10), permit equity investments.
consideration of the scheduled matter at June 8, 2016.
3. OFS Adviser, a Delaware limited
the closed meeting. HEARING OR NOTIFICATION OF HEARING: An
liability company, is registered with the
Commissioner Piwowar, as duty order granting the requested relief will Commission as an investment adviser
officer, voted to consider the items be issued unless the Commission orders under the Investment Advisers Act of
listed for the closed meeting in closed a hearing. Interested persons may 1940 (the ‘‘Advisers Act’’) and serves as
session. request a hearing by writing to the investment adviser to the Existing
The subject matter of the closed Commission’s Secretary and serving Regulated Funds.
meeting will be: applicants with a copy of the request, 4. Each of the Existing Affiliated
Institution and settlement of personally or by mail. Hearing requests Funds is a Cayman ‘‘collateralized loan
injunctive actions; should be received by the Commission
Institution and settlement of obligation’’ fund for which OFS Adviser
by 5:30 p.m. on October 11, 2016, and acts as the adviser pursuant to a
administrative proceedings; and should be accompanied by proof of
Other matters relating to enforcement collateral management agreement
service on applicants, in the form of an between the relevant Existing Affiliated
proceedings. affidavit or, for lawyers, a certificate of
At times, changes in Commission Fund and OFS Adviser. The Existing
service. Pursuant to rule 0–5 under the Affiliated Funds’ portfolios are
priorities require alterations in the Act, hearing requests should state the
scheduling of meeting items. comprised predominantly of senior
nature of the writer’s interest, any facts secured ‘‘club’’ and syndicated loans
For further information and to
bearing upon the desirability of a made to U.S. companies (both public
ascertain what, if any, matters have been
hearing on the matter, the reason for the and private). In reliance on the
added, deleted or postponed, please
request, and the issues contested. exclusion from the definition of
contact Brent J. Fields from the Office of
Persons who wish to be notified of a ‘‘investment company’’ provided by
the Secretary at (202) 551–5400.
hearing may request notification by
mstockstill on DSK3G9T082PROD with NOTICES
section 3(c)(1) or 3(c)(7) of the 1940 Act,
Dated: September 15, 2016. writing to the Commission’s Secretary.
Brent J. Fields, ADDRESSES: Secretary, U.S. Securities 1 Section 2(a)(48) defines a BDC to be any closed-
Secretary. and Exchange Commission, 100 F St. end investment company that operates for the
[FR Doc. 2016–22659 Filed 9–15–16; 4:15 pm] NE., Washington, DC 20549–1090. purpose of making investments in securities
described in sections 55(a)(1) through 55(a)(3) of the
BILLING CODE 8011–01–P Applicants: 10 S. Wacker Drive, Suite Act and makes available significant managerial
2500, Chicago, Illinois 60606, Attention: assistance with respect to the issuers of such
23 17 CFR 200.30–3(a)(12). Jeffrey A. Cerny. securities.
VerDate Sep<11>2014 21:47 Sep 16, 2016 Jkt 238001 PO 00000 Frm 00101 Fmt 4703 Sfmt 4703 E:\FR\FM\19SEN1.SGM 19SEN1](https://thefederalregister.org/doc/81_FR_64407/page/1.svg)
Document Created: 2016-09-17 02:29:57
Document Modified: 2016-09-17 02:29:57
| Category | Regulatory Information | |
| Collection | Federal Register | |
| sudoc Class | AE 2.7: GS 4.107: AE 2.106: | |
| Publisher | Office of the Federal Register, National Archives and Records Administration | |
| Section | Notices | |
| FR Citation | 81 FR 64226 |
2025 Federal Register | Disclaimer | Privacy Policy
USC | CFR | eCFR