Company: OXLCZ
Filing Date: 2025-06-27
Form Type: 40-APP
Source: 0001213900-25-058802
Chunk: 2

Company: Oxford Lane Capital Corp.
Filing Date: 2025-06-27
Form: 40-APP
Chunk 2
---
2 | TICC                                                                                                                
 Capital Corp, et al. (File No. 812-14707), Release No. IC-32641 (May 19, 2017) (notice), Release No. IC-32680 (June 
 14, 2017) (order).                                                                                                  |

<div align='center'>2</div>

| • | Oxford Lane Management, LLC, the investment adviser to OXLC (“OXLC Adviser”); |

| • | Oxford Park Income Fund, Inc., a closed-end management investment company registered under the 1940 Act that operates as a tender offer fund (“OXPK” and together with OXSQ and OXLC, the “Existing Regulated Funds”); |

| • | Oxford Park Management, LLC, the investment adviser to OXPK (“OXPK Adviser”); |

| • | Certain existing investment vehicles (as identified on Schedule A hereto), each of which is a separate and distinct legal entity and each of which would be an investment company but for Section 3(c)(1) or 3(c)(7) of the 1940 Act (the “Existing Affiliated Funds”); |

| • | Oxford Gate                                                                                               
 Management, LLC, the investment adviser to the Existing Affiliated Funds (“Oxford Gate Management” and,   
 together with OXSQ Adviser, OXLC Adviser and OXPK Adviser, the “Existing Advisers”) and together with the 
 Existing Regulated Funds and the Existing Affiliated Funds, the “Applicants”).3                           |

| 3 | All                                                                                                                                  
 existing entities that currently intend to rely upon the requested Order have been named as Applicants. Any other existing or future 
 entity that subsequently relies on the Order will comply with the terms and conditions of the Application.                           |

<div align='center'>3</div>

The relief requested in this
application for the Order (the “Application”) would allow a Regulated Fund and one or more Affiliated
Entities to engage in Co-Investment Transactions subject to the terms and conditions described herein. The Regulated
Funds and Affiliated Entities that participate in a Co-Investment Transaction are collectively referred to herein as “Participants.”
The Applicants do not seek relief for transactions effected consistent with Commission staff no-action positions.

| 4 | “Regulated Fund” means the Existing Regulated Funds and any Future Regulated                                                                
 Funds. “Future Regulated Fund” means an entity (a) that is a closed-end management investment