SBIC 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

March 28, 2025

Issuing agencies

Small Business Administration

Full Text

<html>
<head>
<title>Federal Register, Volume 90 Issue 59 (Friday, March 28, 2025)</title>
</head>
<body><pre>
[Federal Register Volume 90, Number 59 (Friday, March 28, 2025)]
[Notices]
[Page 14174]
From the Federal Register Online via the Government Publishing Office [<a href="http://www.gpo.gov">www.gpo.gov</a>]
[FR Doc No: 2025-05405]


=======================================================================
-----------------------------------------------------------------------

SMALL BUSINESS ADMINISTRATION


SBIC License Issuance

AGENCY: U.S. Small Business Administration.

ACTION: Notice of Small Business Investment Company (SBIC) Licenses.

-----------------------------------------------------------------------

    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:

------------------------------------------------------------------------
                                              Date of     Leverage tiers
             SBIC fund name                  licensure          \1\
------------------------------------------------------------------------
Avante Capital Partners SIC IV, L.P.....       1/14/2025           2.00x
LNC Partners III--SBIC, L.P.............        2/6/2025           2.00x
Vocap Partners IV SBIC, L.P.............       2/26/2025           1.00x
Balance Point Capital Partners VII, L.P.       2/26/2025           2.00x
Tecum Capital Partners IV, L.P..........       2/26/2025           2.00x
Southfield Mezzanine Capital III, L.P...       2/26/2025           2.00x
------------------------------------------------------------------------
\1\ Maximum amount of Leverage expressed as a multiple of Leverageable
  Capital pursuant to 13 CFR 107.1150.


Paul Van Eyl,
Director of Policy, Office of Investment and Innovation, U.S. Small 
Business Administration.
[FR Doc. 2025-05405 Filed 3-27-25; 8:45 am]
BILLING CODE 8026-09-P


</pre></body>
</html>

View on FederalRegister.gov →Plain-text source

Indexed from Federal Register on March 28, 2025.

This is legal information, not legal advice. Laws vary by jurisdiction and change frequently. Always verify current law with official sources and consult a licensed attorney in your jurisdiction for advice on your specific situation.