Notice2023-22432
Everside SBIC I, L.P.; Notice Seeking Exemption Under the Small Business Investment Act, Conflicts of Interest
Primary source
Metadata and text below are from the Federal Register, a public-domain U.S. government work. Always verify the official published version before relying on it for any legal matter.
Published
October 10, 2023
Issuing agencies
Small Business Administration
Full Text
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<title>Federal Register, Volume 88 Issue 194 (Tuesday, October 10, 2023)</title>
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[Federal Register Volume 88, Number 194 (Tuesday, October 10, 2023)]
[Notices]
[Page 69979]
From the Federal Register Online via the Government Publishing Office [<a href="http://www.gpo.gov">www.gpo.gov</a>]
[FR Doc No: 2023-22432]
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SMALL BUSINESS ADMINISTRATION
[Applicant ID No.: 99001222]
Everside SBIC I, L.P.; Notice Seeking Exemption Under the Small
Business Investment Act, Conflicts of Interest
Notice is hereby given that Everside SBIC I, L.P., 1290 Avenue of
the Americas, 34th Floor, New York, NY 10104, an applicant to become a
Federal Licensee under the Small Business Investment Act of 1958, as
amended (``Act''), in connection with the financing of a small concern,
has sought an exemption under Section 312 of the Act and 13 CFR 107.730
of the Code of Federal Regulations, Financings which Constitute
Conflict of Interest. Everside SBIC I, L.P. is proposing to provide
financing to Athenix Holdings LLC (``Company'') to support its growth.
The proposed transaction is brought within the purview of 13 CFR
107.730 because Resolute Capital Partners Fund V-A, L.P., Resolute
Capital Partners Fund V-B, L.P. and Resolute Capital Partners Fund IV,
L.P (collectively, ``Resolute''), Associates of Everside SBIC I, L.P.,
as defined in 13 CFR 107.50, hold a 10% or greater equity interest in
the Company. By virtue of Resolute's equity ownership of the Company,
the Company is also considered an Associate of the Licensee.
Therefore, the proposed transaction requires a regulatory exemption
pursuant to 13 CFR 107.730. 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.
Bailey DeVries,
Associate Administrator, Office of Investment and Innovation, U.S.
Small Business Administration.
[FR Doc. 2023-22432 Filed 10-6-23; 8:45 am]
BILLING CODE P
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