SECURITIES AND EXCHANGE COMMISSION

Investment Company Act Release No. 35115; 812-15537

Axxes Private Markets Fund and Axxes Advisors LLC

January 26, 2024

AGENCY: Securities and Exchange Commission (“Commission” or “SEC”).

ACTION: Notice.

Notice of an application under section 6(c) of the Investment Company Act of 1940 (the “Act”) 

for an exemption from sections 18(a)(2), 18(c) and 18(i) of the Act, under sections 6(c) and 23(c) 

of the Act for an exemption from rule 23c-3 under the Act, and for an order pursuant to section 

17(d) of the Act and rule 17d-1 under the Act.

Summary of Application: Applicants request an order to permit certain registered closed-end 

investment companies to issue multiple classes of shares and to impose asset-based distribution 

and/or service fees and early withdrawal charges.

Applicants: Axxes Private Markets Fund and Axxes Advisors LLC

Filing Dates: The application was filed on December 22, 2023.

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 e-mailing the SEC’s Secretary at Secretarys-Office@sec.gov and serving the Applicants with 

a copy of the request by e-mail, if an e-mail 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 February 20, 2024, 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 
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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. 

ADDRESSES: The Commission: Secretarys-Office@sec.gov. Applicants: Joseph DaGrosa, Jr., 

Axxes Capital Inc., jdagrosa@axxescapital.com, and Adrain L. Bryant, Esq., Axxes Capital Inc.,

ABryant@axxescapital.com,; with a copy to Steven B. Boehm, Esq., Eversheds Sutherland (US) 

LLP, StevenBoehm@eversheds-sutherland.us, Payam Siadatpour, Esq., Eversheds Sutherland 

(US) LLP, PayamSiadatpour@eversheds-sutherland.us, and Anne G. Oberndorf, Esq., Eversheds 

Sutherland (US) LLP, anneoberndorf@eversheds-sutherland.us.

FOR FURTHER INFORMATION CONTACT: Trace W. Rakestraw, 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’ application, dated December 22, 2023, 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/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.

Sherry R. Haywood,

Assistant Secretary.