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:

Aristotle Pacific Enhanced CLO Income Fund, Aristotle Pacific Capital, LLC, APC High Yield Bond Fund, LP, Pacific Asset Management Bank Loan Fund L.P., APC Short Duration High Yield Fund, LP, APC Multi-Sector Bond, LP.

FILING DATES:

The application was filed on November 14, 2025 and amended on March 9, 2026 and April 3, 2026.

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. The email should include the file number referenced above. Hearing requests should be received by the Commission by 5:30 p.m., Eastern time on May 15, 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: Alyssa M. Bernard, Aristotle Pacific Enhanced CLO Income Fund, c/o U.S. Bank Global Fund Services, 615 East Michigan Street, Milwaukee, Wisconsin 53202, alyssa.bernard@usbank.com; Joseph Lallande, Esq., Aristotle Pacific Capital, LLC, 840 Newport Center Drive, 7th Floor, Newport Beach, California 92660, jlallande@aristotlecap.com, with copies to: Deborah Bielicke Eades, Vedder Price P.C., 222 North LaSalle Street, Chicago, Illinois 60601, deades@vedder.com, and Joseph M. Mannon, Vedder Price P.C., 222 North LaSalle Street, Chicago, Illinois 60601, jmannon@vedder.com.

FOR FURTHER INFORMATION CONTACT:

Trace W. Rakestraw, Senior Special Counsel, or Adam Large, Senior Special Counsel, at (202) 551-6825 (Division of Investment Management, Chief Counsel's Office).