[Federal Register Volume 87, Number 164 (Thursday, August 25, 2022)]
[Notices]
[Pages 52421-52422]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2022-18354]


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SECURITIES AND EXCHANGE COMMISSION

[Investment Company Act Release No. 34680; File No. 812-15287]


Brightwood Capital Corporation I, et al.

August 22, 2022.
AGENCY: Securities and Exchange Commission (``Commission'' or ``SEC'').

ACTION: Notice.

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    Notice of application for an order (``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: Brightwood Capital Corporation I, Brightwood Capital 
Advisors, LLC, Brightwood SPV Advisors, LLC, Brightwood Capital SBIC 
III, LP, Brightwood Capital Fund V, LP, Brightwood Capital Fund V-U, 
LP, Brightwood Capital Offshore Fund V, LP, Brightwood Capital Offshore 
Feeder Fund V, LP, Brightwood Capital Offshore Fund V-U, LP, Brightwood 
Capital Offshore Feeder Fund V-U, LP, BCOF Capital V, LP, Brightwood 
Capital MM CLO 2019-1, Ltd., Brightwood Capital MM CLO 2020-1, Ltd., 
Brightwood Capital MM CLO 2021-2, Ltd., and Brightwood Capital MM CLO 
2022-1, Ltd.

FILING DATES: The application was filed on December 3, 2021, and 
amended on May 10, 2022 and August 16, 2022.

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 [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. Hearing 
requests should be received by the Commission by 5:30 p.m. on September 
16, 2022, and should be accompanied by proof of service on 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: 
Darilyn T. Olidge, Esq., [email protected].

FOR FURTHER INFORMATION CONTACT: Asen Parachkevov, Senior Counsel, or 
Terri Jordan, Branch Chief, at (202) 551-6825 (Division of Investment 
Management, Chief Counsel's Office).

SUPPLEMENTARY INFORMATION: For Applicants' representations, legal

[[Page 52422]]

analysis, and conditions, please refer to Applicants' second amended 
and restated application, dated August 16, 2022, 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, http://www.sec.gov/edgar/searchedgar/legacy/companysearch.html. You may also call the SEC's Public Reference Room 
at (202) 551-8090.
    For the Commission, by the Division of Investment Management, under 
delegated authority.

J. Matthew DeLesDernier,
Deputy Secretary.
[FR Doc. 2022-18354 Filed 8-24-22; 8:45 am]
BILLING CODE 8011-01-P


