Company: FCRX
Filing Date: 2025-08-19
Form Type: 40-APP
Source: 0001341004-25-000071
Chunk: 11

Company: Crescent Capital BDC, Inc.
Filing Date: 2025-08-19
Form: 40-APP
Chunk 11
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 common control with an Existing Adviser and (iii) is not a Regulated Fund or a subsidiary of a Regulated Fund.                                                |

7 The Board of Crescent Capital BDC has six members, of which five members are Independent Directors. No Independent Director of any Regulated Fund will have a direct or indirect financial interest in any Co-Investment Transaction (other than as permitted by Condition 2(c)(iv)(C)), including any interest in any company whose securities would be acquired in a Co-Investment Transaction. 10 Crescent Private Credit BDCwas organized as a Maryland corporation on November 10, 2022, to invest primarily in directly originated assets, including debt securities and related equity investments, made to or issued by U.S. middle-market companies. Crescent Private Credit BDC has made an election to be treated for tax purposes as a RIC under the Code, and intends to continue to make such election in the future. Crescent Private Credit BDC’s investment objectives are to maximize the total return to its stockholders in the form of current income and, to a lesser extent, long-term capital appreciation through debt and related equity investments. Crescent Private Credit BDC’s primary focus is to invest in directly originated assets, including debt securities and related equity investments, made to or issued by U.S. middle-market companies; however, it may invest in larger or smaller companies. To a lesser extent, Crescent Private Credit BDC may make investments in syndicated loans and other liquid credit opportunities, including in publicly traded debt instruments, for cash management purposes, while also presenting an opportunity for attractive investment returns. The Board of Crescent Private Credit BDC has five members, of which three members are Independent Directors. Crescent Private Credit BDC’s principal place of business is 11100 Santa Monica Blvd., Suite 2000, Los Angeles, CA 90025. CCS IX Portfolio Holdingswas organized as a Delaware limited liability company on March 12, 2024, to originate and invest primarily in privately negotiated debt of core middle-market companies, with such investment to be made in conjunction with private equity-sponsored leveraged transactions which are typically structured as senior debt (including first lien and unitranche debt); junior debt (including second lien, unsecured, subordinated or holding company debt) and/or preferred stock. Its investments may include equity participations. CCS IX Portfolio Holdings has made an election to be treated for tax purposes as a RIC under the Code, and intends to continue to make such election in the future. CCS IX Portfolio Holdings’ investment objective