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:

AB Private Credit Investors Corporation, AB Private Lending Fund, AB Private Credit Investors LLC, Equitable Financial Life Insurance Company, Equitable Financial Life Insurance Company of America, certain of their wholly-owned subsidiaries as described in Schedule A to the Application, and certain of their affiliated entities as described in Schedule B to the Application.

Filing Dates:

The application was filed on June 3, 2025, and amended on October 3, 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 February 2, 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 Secretarys-Office@sec.gov.

ADDRESSES:

The Commission: Secretarys-Office@sec.gov. Applicants: J. Brent Humphries and Wesley Raper, AB Private Credit Investors LLC, AltsLegalNotices@alliancebernstein.com; Leon Hirth, AB Private Credit Investors LLC, 501 Commerce Street, Nashville, TN 37203; Kenneth E. Young, Esq. and Paul S. Stevens, Esq., Dechert LLP, Cira Center, 2929 Arch Street, Philadelphia, PA 19104.

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).