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

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Published

September 7, 2021

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Small Business Administration

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[Federal Register Volume 86, Number 170 (Tuesday, September 7, 2021)]
[Notices]
[Pages 50202-50203]
From the Federal Register Online via the Government Publishing Office [<a href="http://www.gpo.gov">www.gpo.gov</a>]
[FR Doc No: 2021-19338]


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SMALL BUSINESS ADMINISTRATION

[License No. 03/03-0275]


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

    Notice is hereby given that Enlightenment Capital Solutions SBIC 
Fund, L.P., 4445 Willard Avenue, Suite 950, Chevy Chase, MD 20815, a 
Federal Licensee under the Small Business Investment Act of 1958, as 
amended (``the Act''), in connection with the financing of a small 
concern, 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). Enlightenment Capital Solutions SBIC Fund, L.P. 
(``Licensee'') is proposing to provide financing to The Cadmus Group 
(``Company'') to support the Company's growth.
    The proposed transaction is brought within the purview of Sec.  
107.730 of the Regulations because Enlightenment Capital Solutions Fund 
II, LP, Enlightenment Capital Solutions Fund II-NQ, LP, and 
Enlightenment Capital Solutions Fund SPV I, LP, Associates of the 
Licensee by virtue of Common Control as defined at Sec.  107.50, hold a

[[Page 50203]]

total of 11% of equity interest in Company. The Associates expect to 
receive a total of $26.6 million from the proposed transaction.
    Therefore, the proposed transaction is considered self-deal 
pursuant to 13 CFR 107.730 and requires a regulatory exemption. 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 Associate Administrator for Investment and Innovation, U.S. Small 
Business Administration, 409 Third Street SW, Washington, DC 20416.

Bailey DeVries,
Associate Administrator, Office of Investment and Innovation.
[FR Doc. 2021-19338 Filed 9-3-21; 8:45 am]
BILLING CODE P


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