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

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Published

March 1, 2022

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Small Business Administration

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<title>Federal Register, Volume 87 Issue 40 (Tuesday, March 1, 2022)</title>
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[Federal Register Volume 87, Number 40 (Tuesday, March 1, 2022)]
[Notices]
[Page 11494]
From the Federal Register Online via the Government Publishing Office [<a href="http://www.gpo.gov">www.gpo.gov</a>]
[FR Doc No: 2022-04234]


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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


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