Notice2024-17608
Small Business Investment Company License Issuance
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
August 8, 2024
Issuing agencies
Small Business Administration
Full Text
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<title>Federal Register, Volume 89 Issue 153 (Thursday, August 8, 2024)</title>
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[Federal Register Volume 89, Number 153 (Thursday, August 8, 2024)]
[Notices]
[Pages 65005-65006]
From the Federal Register Online via the Government Publishing Office [<a href="http://www.gpo.gov">www.gpo.gov</a>]
[FR Doc No: 2024-17608]
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SMALL BUSINESS ADMINISTRATION
Small Business Investment Company License Issuance
AGENCY: U.S. Small Business Administration.
ACTION: Notice of Small Business Investment Company (SBIC) Licenses.
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Pursuant to the authority granted to the United States Small
Business Administration under section 301(c) of the Small Business
Investment Act of 1958, as amended, to grant Small Business Investment
Company licenses under the Small Business Investment Company Program,
this notice satisfies the requirement effective August 17, 2023 under
13 CFR 107.501(a) to publish in the Federal Register the names of SBICs
with date of licensure and Total Intended Leverage Commitments. The
following SBICs received SBIC licenses from July 1, 2024, through July
31, 2024:
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Date of
SBIC fund name licensure Leverage tiers \1\
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BIP III SBIC, L.P................ 7/08/2024 Non-leveraged.
Northstar Mezzanine Partners SBIC 7/11/2024 2.0x.
II, L.P.
Hercules SBIC V, L.P............. 7/11/2024 2.0x.
Cultivation Capital Seed Fund 7/11/2024 Non-leveraged.
III, L.P.
High Street Capital VI SBIC, L.P. 7/15/2024 2.0x.
Northcreek Mezzanine Fund IV, L.P 7/15/2024 2.0x.
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\1\ Maximum amount of Leverage expressed as a multiple of Leverageable
Capital pursuant to 13 CFR 107.1150. For all SBIC Licensees that
submitted a Management Assessment Questionnaire after August 17, 2023,
the Notice of SBIC Licenses will include the Total Intended Leverage
Commitment at the time of Licensure.
[[Page 65006]]
Bailey DeVries,
Associate Administrator, Office of Investment and Innovation, U.S.
Small Business Administration.
[FR Doc. 2024-17608 Filed 8-7-24; 8:45 am]
BILLING CODE 8026-09-P
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</html>Indexed from Federal Register on August 8, 2024.
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