Oaktree SBIC Fund, L.P.; Notice Seeking Exemption Under Section 312 of the Small Business Investment Act, Conflicts of Interest, 11494 [2022-04234]

Download as PDF 11494 Federal Register / Vol. 87, No. 40 / Tuesday, March 1, 2022 / Notices examination, litigation, or regulatory matters. SMALL BUSINESS ADMINISTRATION CONTACT PERSON FOR MORE INFORMATION: For further information; please contact Vanessa A. Countryman from the Office of the Secretary at (202) 551–5400. (Authority: 5 U.S.C. 552b.) Dated: February 24, 2022. Eduardo A. Aleman, Deputy Secretary. [FR Doc. 2022–04325 Filed 2–25–22; 11:15 am] BILLING CODE 8011–01–P SMALL BUSINESS ADMINISTRATION [License No. 02/02–0699] jspears on DSK121TN23PROD with NOTICES1 Oaktree SBIC Fund, L.P.; Notice Seeking Exemption Under Section 312 of the Small Business Investment Act, Conflicts of Interest Notice is hereby given that Oaktree SBIC Fund, L.P., 1301 Avenue of the Americas, New York, NY 10019, a Federal Licensee under the Small Business Investment Act of 1958, as amended (‘‘the Act’’), in connection with the financing of three small concerns, has sought an exemption under Section 312 of the Act and Section 107.730, Financings which Constitute Conflicts of Interest of the Small Business Administration (‘‘SBA’’) Rules and Regulations (13 CFR 107.730). Oaktree SBIC Fund, L.P. proposes to provide financing in an acquisition that will benefit an Associate, Oaktree Mezzanine Fund IV, L.P. The financing is brought within the purview of § 107.730(a)(4) of the Regulations because Oaktree SBIC Fund, L.P., will provide financing in a transaction to acquire a Small Business, Smart Care Equipment Solutions, 12539 S Holiday Drive, Alsip, IL 60803. This transaction is considered a conflict of interest requiring prior SBA approval because a portion of proceeds will be used to redeem outstanding debt held by an Associate of Oaktree SBIC Fund, L.P., Oaktree Mezzanine Fund IV, L.P. Notice is hereby given that any interested person may submit written comments on the transaction, within fifteen days of the date of this publication, to the Associate Administrator for Investment, U.S. Small Business Administration, 409 Third Street SW, Washington, DC 20416. Small Business Administration. Bailey DeVries, Associate Administrator, Office of Investment and Innovation. [FR Doc. 2022–04234 Filed 2–28–22; 8:45 am] BILLING CODE 8026–03–P VerDate Sep<11>2014 19:01 Feb 28, 2022 Jkt 256001 [License No. 05/05–0340] Bayview Capital Partners IV, L.P.; Notice Seeking Exemption Under Section 312 of the Small Business Investment Act, Conflicts of Interest Notice is hereby given that Bayview Capital Partners IV, L.P., 301 Carlson Parkway, Suite 325, Minnetonka, MN 55305, a Federal Licensee under the Small Business Investment Act of 1958, as amended (‘‘the Act’’), in connection with the financing of a small concern, is seeking an exemption under Section 312 of the Act and Section 107.730, Financings which Constitute Conflicts of Interest of the Small Business Administration (‘‘SBA’’) Rules and Regulations (13 CFR 107.730). Bayview Capital Partners IV, L.P. is seeking a written exemption from SBA for a proposed financing to The Sierra Holding Company LLC dba Fenix Group, 11400 West 47th Street, Minnetonka, MN 55343. The financing is brought within the purview of § 107.730(a) of the Regulations because The Sierra Holding Company LLC dba Fenix Group is an Associate of Bayview Capital Partners IV, L.P. because Associate Bayview Capital Partners III, L.P. owns a greater than ten percent interest in The Sierra Holding Company LLC dba Fenix Group, therefore this transaction is considered Financing which constitute conflicts of interest requiring SBA’s prior written exemption. Notice is hereby given that any interested person may submit written comments on this transaction within fifteen days of the date of this publication to the Associate Administrator, Office of Investment and Innovation, U.S. Small Business Administration, 409 Third Street SW, Washington, DC 20416. U.S. Small Business Administration. Bailey G. DeVries, Associate Administrator, Office of Investment and Innovation. [FR Doc. 2022–04231 Filed 2–28–22; 8:45 am] BILLING CODE 8026–03–P SMALL BUSINESS ADMINISTRATION [License No. 05/05–0312] Freeport Financial SBIC Fund, L.P.; Surrender of License of Small Business Investment Company Pursuant to the authority granted to the United States Small Business Administration under the Small Business Investment Act of 1958, as PO 00000 Frm 00100 Fmt 4703 Sfmt 4703 amended, under Section 309 of the Act and Section 107.1900 of the Small Business Administration Rules and Regulations (13 CFR 107.1900) to function as a small business investment company under the Small Business Investment Company License No. 05/ 05–0312 issued to Freeport Financial SBIC Fund, L.P. said license is hereby declared null and void. United States Small Business Administration. Bailey DeVries, Associate Administrator, Office of Investment and Innovation. [FR Doc. 2022–04227 Filed 2–28–22; 8:45 am] BILLING CODE P SMALL BUSINESS ADMINISTRATION [License No. 06/06–0349] Main Street Capital III, L.P.; Notice Seeking Exemption Under Section 312 of the Small Business Investment Act, Conflicts of Interest Notice is hereby given that Main Street Capital III, L.P., 1300 Post Oak Blvd., Suite 800, Houston, TX 77056, a Federal Licensee under the Small Business Investment Act of 1958, as amended (the ‘‘Act’’), in connection with a financing involving small concern NuStep, LLC located at 511 Venture Drive, Ann Arbor, MI 48108, provided notice of this transaction to the Small Business Administration (‘‘SBA’’) pursuant to the Regulations found at 13 CFR 107. The financing is brought within the purview of 13 CFR 107.730—Financings which constitute conflicts of interests, of the Regulations because NuStep, LLC is an Associate of Main Street Capital III, L.P. because Associate Main Street Equity Investment, Inc. owns a greater than ten percent interest in the NuStep, LLC. This financing is pursuant to § 107.730 (f) of the Regulations because Main Street Capital III, L.P.’s parent corporation, Main Street Capital Corporation, is registered under the Investment Company Act of 1940 and received an exemption from the Securities and Exchange Commission for the transaction. Notice is hereby given that any interested person may submit written comments on the transaction within fifteen days of the date of this publication, to the Associate Administrator, Office of Investment and Innovation, U.S. Small Business Administration, 409 Third Street SW, Washington, DC 20416. E:\FR\FM\01MRN1.SGM 01MRN1

Agencies

[Federal Register Volume 87, Number 40 (Tuesday, March 1, 2022)]
[Notices]
[Page 11494]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2022-04234]


=======================================================================
-----------------------------------------------------------------------

SMALL BUSINESS ADMINISTRATION

[License No. 02/02-0699]


Oaktree SBIC Fund, L.P.; Notice Seeking Exemption Under Section 
312 of the Small Business Investment Act, Conflicts of Interest

    Notice is hereby given that Oaktree SBIC Fund, L.P., 1301 Avenue of 
the Americas, New York, NY 10019, a Federal Licensee under the Small 
Business Investment Act of 1958, as amended (``the Act''), in 
connection with the financing of three small concerns, has sought an 
exemption under Section 312 of the Act and Section 107.730, Financings 
which Constitute Conflicts of Interest of the Small Business 
Administration (``SBA'') Rules and Regulations (13 CFR 107.730). 
Oaktree SBIC Fund, L.P. proposes to provide financing in an acquisition 
that will benefit an Associate, Oaktree Mezzanine Fund IV, L.P.
    The financing is brought within the purview of Sec.  107.730(a)(4) 
of the Regulations because Oaktree SBIC Fund, L.P., will provide 
financing in a transaction to acquire a Small Business, Smart Care 
Equipment Solutions, 12539 S Holiday Drive, Alsip, IL 60803. This 
transaction is considered a conflict of interest requiring prior SBA 
approval because a portion of proceeds will be used to redeem 
outstanding debt held by an Associate of Oaktree SBIC Fund, L.P., 
Oaktree Mezzanine Fund IV, L.P.
    Notice is hereby given that any interested person may submit 
written comments on the transaction, within fifteen days of the date of 
this publication, to the Associate Administrator for Investment, U.S. 
Small Business Administration, 409 Third Street SW, Washington, DC 
20416.

Small Business Administration.
Bailey DeVries,
Associate Administrator, Office of Investment and Innovation.
[FR Doc. 2022-04234 Filed 2-28-22; 8:45 am]
BILLING CODE 8026-03-P
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.