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06/25/2026 | Press release | Distributed by Public on 06/25/2026 08:00

Application: Diameter Credit Co., et al.

SECURITIES AND EXCHANGE COMMISSION
[Investment Company Act Release No. 36216; File No. 812-15894]

Diameter Credit Company, et al.

June 22, 2026.

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 and closed-end management investment companies to co-invest in portfolio companies with each other and with certain affiliated investment entities.

Applicants:

Diameter Credit Company, Diameter Dynamic Credit Fund, Diameter Capital Partners LP, Diameter Principal Finance LLC, Diameter DCF Advisor LLC, Diameter Principal Finance Partnership LP, Diameter CLO Advisors LLC, Diameter EU CLO Advisors LLC, and certain of their affiliated entities as described in Appendix A to the application.

Filing Dates:

The application was filed on September 4, 2025, and amended on February 26, 2026, and April 27, 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 [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 the file number referenced above. Hearing requests should be received by the Commission by 5:30 p.m., Eastern time, on July 17, 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: Michael Cohn, Diameter Principal Finance LLC, Diameter Capital Partners LP, at [email protected], with copies to Rajib Chanda and Steven Grigoriou, Simpson Thacher & Bartlett LLP, at [email protected] and [email protected], respectively.

FOR FURTHER INFORMATION CONTACT:

Kieran G. Brown, Senior Counsel, or Adam Large, Senior Special 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' second amended application, filed April 27, 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. 2026-12761 Filed 6-24-26; 8:45 am]
BILLING CODE 8011-01-P
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