30 Day Notice

71682

Federal Register / Vol. 86, No. 240 / Friday, December 17, 2021 / Notices

facilitate the meeting, which will be
recorded for use by the Interagency
Working Group. Participation in a
listening session will imply consent to
capture participant’s names, voices, and
likenesses. Anything said may be
recorded and transcribed for use by the
Interagency Working Group and
publicly released and attributed to
specific participants. Moderators will
manage the discussion and order of
remarks.
Individuals unable to attend the
listening sessions or who would like to
provide more detailed information may
submit written comments to the Request
for Comment (RFC) on the Orbital
Debris Research and Development Plan
that was published in the Federal
Register [86 FR 61335, November 5,
2021].
Dated: December 14, 2021.
Stacy Murphy,
Operations Manager.
[FR Doc. 2021–27331 Filed 12–16–21; 8:45 am]
BILLING CODE 3271–F1–P

SECURITIES AND EXCHANGE
COMMISSION
[SEC File No. EBO 270–291, OMB Control
No. 3235–0328]

Submission for OMB Review;
Comment Request
Upon Written Request, Copies Available
From: Securities and Exchange
Commission, Office of FOIA Services,
100 F Street NE, Washington, DC
20549–2736

jspears on DSK121TN23PROD with NOTICES1

Extension:
Form ID

Notice is hereby given that, pursuant
to the Paperwork Reduction Act of 1995
(44 U.S.C. 3501 et seq.) (the ‘‘Paperwork
Reduction Act’’), the Securities and
Exchange Commission (‘‘Commission’’)
has submitted to the Office of
Management and Budget a request for
extension and revisions of the
previously approved collection of
information discussed below.
Form ID (OMB Control No. 3235–
0328) must be completed and filed with
the Commission by all individuals,
companies, and other organizations who
seek access to file electronically on the
Commission’s Electronic Data
Gathering, Analysis, and Retrieval
system (‘‘EDGAR’’). Those seeking
access to file on EDGAR typically
include those who are required to make
certain disclosures pursuant to the
federal securities laws. The information
provided on Form ID is an essential part
of the security of EDGAR. Form ID is not

VerDate Sep<11>2014

17:39 Dec 16, 2021

Jkt 256001

a public document because it is used
solely for the purpose of screening
applicants and granting access to
EDGAR. Form ID must be submitted
whenever an applicant seeks an EDGAR
identification number (Central Index
Key or CIK) and/or access codes to file
on EDGAR. The Commission may
consider potential technical changes to
the EDGAR filer access and filer account
management processes (‘‘potential
access changes’’) that include the
addition of individual user account
credentials as well as a filer
management tool on EDGAR through
which filers would manage their
EDGAR accounts. If the potential access
changes are implemented, the
Commission anticipates that it would
adopt amendments to certain
Commission rules and forms to reflect
the potential access changes, including
Form ID. The potential access changes
would include a filer designating on
Form ID which of its users would act as
filer administrator(s) to manage the
filer’s EDGAR account, analogous to the
contact person listed on Form ID who
currently receives access codes. The
potential access changes would also
include additional data fields on Form
ID related to authorized individuals.1
Separately, the Commission may
consider potential amendments to Form
ID that would result in a more uniform
and secure process for EDGAR access by
requiring applicants that already have a
CIK and no longer have access to
EDGAR to apply for access by
submitting a new Form ID, rather than
by submitting a manual passphrase
update request, as they do currently.2
As part of their Form ID application,
these applicants would continue to
provide additional documentation as
currently required by the EDGAR Filer
Manual for manual passphrase update
requests.3
For purposes of the Paperwork
Reduction Act, we currently estimate
that there are 48,493 Form ID filings
1 An ‘‘authorized individual’’ for purposes of
Form ID notarization process includes, for example,
the Chief Executive Officer, Chief Financial Officer,
partner, corporate secretary, officer, director, or
treasurer of a company filer; or for individual filers,
the individual filer or a person with a power of
attorney from the individual filer. See EDGAR Filer
Manual, Volume I, at Section 3.
2 The manual passphrase update request is
submitted by filers who do not possess access codes
for their existing EDGAR accounts when the contact
email address on their existing account is not
accurate. (If the contact email address were
accurate, they would be able to receive a security
token to allow them to regain access without
engaging in the manual passphrase update request
process.)
3 See EDGAR Filer Manual, Volume I, at Section
4. See also Adoption of Updated EDGAR Filer
Manual, Release No. 33–10948 (Jun. 21, 2021) [86
FR 40308 (Jul. 28, 2021)].

PO 00000

Frm 00070

Fmt 4703

Sfmt 4703

annually and that it takes approximately
0.15 hours per response to prepare for
a total of 7,274 annual burden hours.
The current burden includes the
number of Form ID filings for filers
without CIKs (48,089 filings) and filers
with CIKs who have not filed
electronically on EDGAR (404 filings).4
Filers are responsible for 100% of the
total burden hours.
If the potential access changes and
potential Form ID amendments become
effective, for purposes of the Paperwork
Reduction Act, we estimate that the
number of Form ID filings would
increase approximately by 8,836
annually 5 and that the number of hours
to prepare Form ID would increase by
0.15 hours. The current approved
estimate of the annual number of Form
ID filings for filers without CIKs (48,089
filings) and filers with CIKs who have
not filed electronically on EDGAR (404
filings) would stay the same.
Thus, for purposes of the Paperwork
Reduction Act, the estimated total
number of annual Form ID filings would
increase from 48,493 filings to 57,329
filings.6 The estimate of 0.15 hours per
response would increase to 0.30 hours
per response. The estimated total annual
burden would increase from 7,274 hours
to 17,199 hours.7 The estimate includes
the number of filers without CIKs, filers
with CIKs who have not filed
electronically on EDGAR, and filers
with CIKs who are seeking to reaccess
EDGAR. The estimate that the filers are
responsible for 100% of the total burden
hours would stay the same.
In relation to the potential access
changes described above, the
Commission may consider amending
Form ID to make technical
modifications and clarifications. We do
not believe that these technical
modifications and clarifications to Form
ID would make any substantive
modifications to any existing collection
of information requirements or impose
any new substantive recordkeeping or
information collection requirements
within the meaning of the Paperwork
Reduction Act.
The estimate of average burden hours
is made solely for the purposes of the
Paperwork Reduction Act. The estimate
is not derived from a comprehensive or
4 48,089 filings for users without CIKs + 404
filings for filers with CIKs who have not yet filed
electronically on EDGAR = 48,493 filings.
5 We base this estimate on the average annual
number of filings from filers with CIKs who
submitted manual passphrase update requests for
the past three federal fiscal years. ((6,871 filings per
year + 7,978 filings per year + 11,659 filings per
year)/3 years) = average of 8,836 filings per year.
6 48,493 filings + 8,836 filings = 57,329 filings.
7 57,329 filings × 0.30 hours/filing = 17,199 hours.

E:\FR\FM\17DEN1.SGM

17DEN1

Federal Register / Vol. 86, No. 240 / Friday, December 17, 2021 / Notices
representative survey or study of the
costs of Commission rules. Complying
with this collection of information
requirement is necessary to obtain the
benefit of relying on Form ID. Responses
will not be kept confidential. An agency
may not conduct or sponsor, and a
person is not required to respond to, a
collection of information unless it
displays a currently valid control
number.
The public may view the background
documentation for this information
collection at the following website,
www.reginfo.gov. Comments should be
directed to: (i) Desk Officer for the
Securities and Exchange Commission,
Office of Information and Regulatory
Affairs, Office of Management and
Budget, Room 10102, New Executive
Office Building, Washington, DC 20503,
or by sending an email to: Shagufta_
[email protected]; and (ii) David
Bottom, Director/Chief Information
Officer, Securities and Exchange
Commission, c/o John R. Pezzullo, 100
F Street NE, Washington, DC 20549, or
by sending an email to: PRA_Mailbox@
sec.gov. Comments must be submitted to
OMB within 30 days of this notice.
Dated: December 13, 2021.
J. Matthew DeLesDernier,
Assistant Secretary.
[FR Doc. 2021–27291 Filed 12–16–21; 8:45 am]
BILLING CODE 8011–01–P

SECURITIES AND EXCHANGE
COMMISSION
[Investment Company Act Release No.
34438; File No. 812–15256]

Fairway Private Equity & Venture
Capital Opportunities Fund, et al.
December 13, 2021.

Securities and Exchange
Commission (‘‘Commission’’).
ACTION: Notice.

jspears on DSK121TN23PROD with NOTICES1

AGENCY:

Notice of application for an order
under sections 17(d) and 57(i) of the
Investment Company Act of 1940 (the
‘‘Act’’) and rule 17d–1 under the Act to
permit certain joint transactions
otherwise prohibited by sections 17(d)
and 57(a)(4) of the Act and rule 17d–1
under the Act.
SUMMARY OF APPLICATION: Applicants
request an order to permit a closed-end
management investment company to coinvest in portfolio companies with
affiliated investment funds.
APPLICANTS: Fairway Private Equity &
Venture Capital Opportunities Fund
(the ‘‘Fund’’), Fairway Capital
Management, LLC (‘‘Fairway’’), Fairway

VerDate Sep<11>2014

17:39 Dec 16, 2021

Jkt 256001

Venture Capital Fund, L.P. and Fairway
US Equity, LP.
FILING DATES: The application was filed
on August 16, 2021, and amended on
November 24, 2021.
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 by emailing the
Commission’s Secretary at [email protected] and serving applicants
with a copy of the request, by email.
Hearing requests should be received by
the Commission by 5:30 p.m. on January
7, 2022, 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 at
[email protected].
ADDRESSES: The Commission:
[email protected]. Applicants:
Attn: Kevin T. Callahan, KCallahan@
fairwaycapm.com; Gregory C. Davis,
Esq., [email protected];
Nathan D. Somogie, Esq.,
[email protected].
FOR FURTHER INFORMATION CONTACT:
Deepak T. Pai, Senior Counsel, at (202)
551–6876 or Trace Rakestraw, Branch
Chief, at (202) 551–6825 (Division of
Investment Management, Chief
Counsel’s Office).
SUPPLEMENTARY INFORMATION: The
following is a summary of the
application. The complete application
may be obtained via the Commission’s
website by searching for the file
number, or for an applicant using the
Company name box, at http://
www.sec.gov/search/search.htm or by
calling (202) 551–8090.
Introduction
1. The Applicants request an order of
the Commission under sections 17(d)
and 57(i) and rule 17d–1 thereunder
(the ‘‘Order’’) to permit, subject to the
terms and conditions set forth in the
application (the ‘‘Conditions’’), a
Regulated Fund 1 and one or more other
1 ‘‘Regulated Funds’’ means the Fund and any
Future Regulated Funds. ‘‘Future Regulated Fund’’
means a closed-end management investment
company (a) that is registered under the Act or has
elected to be regulated as a business development
company (‘‘BDC’’); (b) whose investment adviser is
an Adviser; and (c) that intends to participate in the
co-investment program. ‘‘Adviser’’ means Fairway
and any other investment adviser that is (i)

PO 00000

Frm 00071

Fmt 4703

Sfmt 4703

71683

Regulated Funds and/or one or more
Affiliated Funds 2 to enter into CoInvestment Transactions with each
other. ‘‘Co-Investment Transaction’’
means any transaction in which one or
more Regulated Funds (or its WhollyOwned Investment Sub (as defined
below)) participated together with one
or more Affiliated Funds and/or one or
more other Regulated Funds in reliance
on the Order. ‘‘Potential Co-Investment
Transaction’’ means any investment
opportunity in which a Regulated Fund
(or its Wholly-Owned Investment Sub)
could not participate together with one
or more Affiliated Funds and/or one or
more other Regulated Funds without
obtaining and relying on the Order.3
Applicants
2. The Fund was organized under the
Delaware Statutory Trust Act and is a
closed-end management investment
company registered under the Act. The
Fund’s Board 4 will comprise a majority
of members who are Independent
Trustees.5
3. Fairway, a Delaware limited
liability company that is registered
under the Advisers Act, serves as the
investment adviser to the Fund.
4. Fairway also serves as the
investment adviser to each of the
controlling, under common control with, or
controlled by Fairway, (ii) registered as an
investment adviser under the Investment Advisers
Act of 1940 (the ‘‘Advisers Act’’), and (iii) not a
Regulated Fund or a subsidiary of a Regulated
Fund. Section 2(a)(48) defines a BDC to be any
closed-end investment company that operates for
the purpose of making investments in securities
described in section 55(a)(1) through 55(a)(3) and
makes available significant managerial assistance
with respect to the issuers of such securities.
2 ‘‘Affiliated Fund’’ means the Existing Affiliated
Funds, any Future Affiliated Fund or any Fairway
Proprietary Account. ‘‘Existing Affiliated Funds’’
means the investment vehicles identified in
Schedule A of the application. ‘‘Future Affiliated
Fund’’ means any entity (a) whose investment
adviser is an Adviser; (b) that would be an
investment company but for section 3(c)(1),
3(c)(5)(C) or 3(c)(7) of the Act; and (c) that intends
to participate in the co-investment program.
‘‘Fairway Proprietary Account’’ means any account
of an Adviser or its affiliates or any company that
is a direct or indirect, wholly- or majority-owned
subsidiary of the Adviser or its affiliates, which,
from time to time, may hold various financial assets
in a principal capacity.
3 All existing entities that currently intend to rely
on the Order have been named as applicants and
any existing or future entities that may rely on the
Order in the future will comply with the terms and
conditions of the application.
4 ‘‘Board’’ means the board of trustees (or the
equivalent) of a Regulated Fund.
5 ‘‘Independent Trustee’’ means a member of the
Board of any relevant entity who is not an
‘‘interested person’’ as defined in section 2(a)(19) of
the Act. No Independent Trustee of a Regulated
Fund will have a direct or indirect financial interest
in any Co-Investment Transaction or any interest in
any portfolio company, other than indirectly
through share ownership in one of the Regulated
Funds.

E:\FR\FM\17DEN1.SGM

17DEN1