Notice2025-05265
Notice Seeking Exemption Under Section 312 of the Small Business Investment Act, Conflicts of Interest; LCM Healthcare Fund I, L.P.
Primary source
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Published
March 27, 2025
Issuing agencies
Small Business Administration
Full Text
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<title>Federal Register, Volume 90 Issue 58 (Thursday, March 27, 2025)</title>
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[Federal Register Volume 90, Number 58 (Thursday, March 27, 2025)]
[Notices]
[Pages 13973-13974]
From the Federal Register Online via the Government Publishing Office [<a href="http://www.gpo.gov">www.gpo.gov</a>]
[FR Doc No: 2025-05265]
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SMALL BUSINESS ADMINISTRATION
[License No. 06/06-0352]
Notice Seeking Exemption Under Section 312 of the Small Business
Investment Act, Conflicts of Interest; LCM Healthcare Fund I, L.P.
Notice is hereby given that LCM Healthcare Fund I, L.P., 1717 Main
Street, Suite 3370, Dallas, TX 75201, a Federal Licensee under the
Small Business Investment Act of 1958, as amended (``the Act''), in
connection with the financing of a small concern, is seeking 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). LCM
Healthcare Fund I, L.P. is seeking a written exemption from SBA for a
proposed financing to Northwest Surgical Development Company, Inc.,
[[Page 13974]]
65 Enterprise, Suite 125, Aliso Viejo, CA 92656.
This financing is brought within the purview of Sec. 107.730(a)(1)
of the Regulations because LCM Healthcare Fund I, L.P. will provide
equity financing to an Associate not on the same terms and conditions
nor at the same time in Northwest Surgical Development Company, Inc.
Therefore, this transaction is considered as Other Financings with
Associates which requires SBA's prior written exemption. LCM Healthcare
Fund I, L.P. has not made its proposed new investment in Northwest
Surgical Development Company, Inc. and is seeking SBA prefinancing
approval.
Notice is hereby given that any interested person may submit
written comments on this 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.
Thomas Morris,
Director, Patient Capital Investments, Office of Investment and
Innovation, U.S. Small Business Administration.
[FR Doc. 2025-05265 Filed 3-26-25; 8:45 am]
BILLING CODE 8026-09-P
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</html>Indexed from Federal Register on March 27, 2025.
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