Notice2025-00759

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
January 15, 2025

Issuing agencies

Small Business Administration

Full Text

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<title>Federal Register, Volume 90 Issue 9 (Wednesday, January 15, 2025)</title>
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[Federal Register Volume 90, Number 9 (Wednesday, January 15, 2025)]
[Notices]
[Pages 3985-3986]
From the Federal Register Online via the Government Publishing Office [<a href="http://www.gpo.gov">www.gpo.gov</a>]
[FR Doc No: 2025-00759]


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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 as of the date indicated below:

[[Page 3986]]



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                                                         Leverage tiers
          SBIC fund name            Date of licensure         \1\
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DC Small Business Fund, L.P......          12/31/2024              1.00x
Ridgeline Ventures Fund II-S, L.P          12/27/2024              1.25x
Midwest Growth Partners IV, L.P..          12/27/2024              1.50x
BBK Ventures Fund I, L.P.........          12/27/2024              2.00x
Strategic Equality Fund II, L.P..          12/20/2024              2.00x
GP Capital Partners II, L.P......          12/19/2024              2.00x
Escalate Capital V, L.P..........           12/9/2024              2.00x
Charter Growth Capital Fund II,             12/6/2024              1.00x
 L.P.............................
Rochefort Ventures, L.P..........           12/6/2024              2.00x
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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.


Bailey DeVries,
Associate Administrator, Office of Investment and Innovation, U.S. 
Small Business Administration.
[FR Doc. 2025-00759 Filed 1-14-25; 8:45 am]
BILLING CODE 8026-09-P


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Indexed from Federal Register on January 15, 2025.

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