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[Federal Register Volume 90, Number 18 (Wednesday, January 29, 2025)]
[Notices]
[Page 8410]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2025-01889]

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SECURITIES AND EXCHANGE COMMISSION

[Investment Company Act Release No. 35459; 812-15670]

Guardian Variable Products Trust and Park Avenue Institutional 
Advisers LLC

January 24, 2025.
AGENCY: Securities and Exchange Commission (``Commission'' or ``SEC'').

ACTION: Notice.

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    Notice of an application under Section 6(c) of the Investment 
Company Act of 1940 (``Act'') for an exemption from Section 15(c) of 
the Act.

SUMMARY OF APPLICATION:  The requested exemption would permit a Trust's 
board of trustees to approve new sub-advisory agreements and material 
amendments to existing sub- advisory agreements without complying with 
the in-person meeting requirement of Section 15(c) of the Act.

APPLICANTS:  Guardian Variable Products Trust and Park Avenue 
Institutional Advisers LLC.

FILING DATES:  The application was filed on December 13, 2024.

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 February 
18, 2025, 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.

ADDRESSES: 
    The Commission: [email protected].
    Applicant: Kathleen M. Moynihan, Esq., Guardian Variable Products 
Trust, [email protected], with copies to Corey F. Rose, Esq., 
Dechert LLP, [email protected] and James V. Catano, Esq., Dechert 
LLP, [email protected].

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 13, 2024, 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/companysearch. You may also call the 
SEC's Office of Investor Education and Advocacy at (202) 551-8090.

    For the Commission, by the Division of Investment Management, 
under delegated authority.
Sherry R. Haywood,
Assistant Secretary.
[FR Doc. 2025-01889 Filed 1-28-25; 8:45 am]
BILLING CODE 8011-01-P
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