Document ID: SEC-2022-1640-0001
Agency: sec
Document Type: Notice
Title: Application: ACAP Strategic Fund, et al.
Posted Date: 2022-12-22T05:00Z

[Federal Register Volume 87, Number 245 (Thursday, December 22, 2022)]
[Notices]
[Pages 78723-78724]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2022-27794]

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SECURITIES AND EXCHANGE COMMISSION

[Investment Company Act Release No. 34777; File No. 812-15285]

ACAP Strategic Fund, et al.

December 16, 2022.
AGENCY: Securities and Exchange Commission (``Commission'').

ACTION: Notice.

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    Notice of application for an order under section 17(d) of the 
Investment Company Act of 1940 (the ``Act'') and rule 17d-1 under the 
Act to permit certain joint transactions otherwise prohibited by 
section 17(d) of the Act and rule 17d-1 under the Act.

Summary of Application: Applicants request an order to permit certain 
closed-end management investment companies to co-invest in portfolio 
companies with each other and with affiliated investment funds.

Applicants: ACAP Strategic Fund, Innovation Access Fund, SilverBay 
Capital Management LLC, Alkeon Capital Management, LLC, SALI Fund 
Management, LLC, Alkeon Growth Partners, LP, Alkeon Growth Offshore 
Fund, Ltd., Alkeon Growth Master Fund, Ltd., Alkeon Growth Partners II, 
LP, Alkeon Growth Offshore Fund II, Ltd., Alkeon Growth PW Partners, 
LP, Alkeon Growth RJ Partners, LP, Alkeon Select Series SPC Fund, Ltd., 
Alkeon Select Partners, LP, Alkeon Select Offshore Fund, Ltd., SALI 
Multi-Series Fund, LP--Alkeon Insurance Growth Fund Series, Alkeon 
Innovation Fund, LP, Alkeon Innovation Offshore Fund Ltd., Alkeon 
Innovation Master Fund, LP, Alkeon Innovation Opportunity Fund, LP, 
Alkeon Innovation Opportunity Offshore Fund, LP, Alkeon Innovation 
Opportunity Master Fund, LP, Alkeon Innovation Fund II, LP, Alkeon 
Innovation Offshore Fund II, LP, Alkeon Innovation Master Fund II, LP, 
Alkeon Innovation Fund II, Private Series, LP, Alkeon Innovation 
Offshore Fund II, Private Series, LP, Alkeon Innovation Master Fund II, 
Private Series, LP, Alkeon Innovation Lux, SCSp SICAV-RAIF, Alkeon 
Innovation II Private Client Fund, LP, Alkeon Innovation II Private 
Client Offshore Fund, LP, and IJS Global Holdings, Ltd.

Filing Dates: The application was filed on December 1, 2021, and 
amended on June 13, 2022, October 12, 2022 and December 6, 2022.

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

[[Page 78724]]

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 
January 9, 2023, and should be accompanied by proof of service on 
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: Secretary, U.S. Securities and Exchange Commission, 
[email protected]. Applicants: [email protected].

FOR FURTHER INFORMATION CONTACT: Bruce R. MacNeil, Senior Counsel, or 
Terri Jordan, Branch Chief, at (202) 551-6825 (Chief Counsel's Office, 
Division of Investment Management).

SUPPLEMENTARY INFORMATION: For Applicants' representations, legal 
analysis, and conditions, please refer to Applicants' third amended and 
restated application, dated December 6, 2022, 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 
http://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.
[FR Doc. 2022-27794 Filed 12-21-22; 8:45 am]
BILLING CODE 8011-01-P