Brightwood Capital SBIC IV, LP; Notice Seeking Exemption Under Section 312 of the Small Business Investment Act, Conflicts of Interest

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Published

April 1, 2026

Issuing agencies

Small Business Administration

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<title>Federal Register, Volume 91 Issue 62 (Wednesday, April 1, 2026)</title>
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[Federal Register Volume 91, Number 62 (Wednesday, April 1, 2026)]
[Notices]
[Pages 16274-16275]
From the Federal Register Online via the Government Publishing Office [<a href="http://www.gpo.gov">www.gpo.gov</a>]
[FR Doc No: 2026-06282]


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SMALL BUSINESS ADMINISTRATION

[License No. 04045175]


Brightwood Capital SBIC IV, LP; Notice Seeking Exemption Under 
Section 312 of the Small Business Investment Act, Conflicts of Interest

    Notice is hereby given that Brightwood Capital SBIC IV, LP, 810 
Seventh Avenue, 26th Floor New York, New York 10019, Federal Licensee 
under the Small Business Investment Act of 1958, as amended (``the 
Act''), in connection with financings of a small business, has sought 
an exemption under Section 312 of the Act and 13 CFR 107.730, 
Financings which Constitute Conflicts of Interest of the Code of 
Federal Regulations. Brightwood Capital SBIC IV, LP proposes to provide 
financing to The Smith and Oby Holding Company, 7676 Northfield Road, 
Walton Hills, OH 44146 to support the company's growth.
    The financing is brought within the purview of 13 CFR 107.730(a) of 
the regulations because BCOF V SPV-2, LLC, Brightwood Capital Fund V 
SPV-3, LLC, Brightwood Capital Fund V-U, LP, Brightwood Capital MM CLO 
2025-1, Ltd., Brightwood Capital Offshore Fund IV-U, LP, and BCOF 
Capital V, LP are Associates of Brightwood Capital SBIC IV, LP, and own 
more than ten percent of The Smith and Oby Holding Company. The 
Associates and Brightwood Capital SBIC IV, LP are under common control 
and have the same Investment Adviser, Brightwood Capital Advisors, 
LLC., as those terms are defined in 13 CFR 107.50. Therefore, this 
transaction is considered a financing which constitutes a conflict of 
interest.
    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 for Investment, U.S. 
Small Business Administration, 409

[[Page 16275]]

Third Street SW, Washington, DC 20416.

Paul Salgado,
Director, Investment Portfolio Management, Office of Investment and 
Innovation.
[FR Doc. 2026-06282 Filed 3-31-26; 8:45 am]
BILLING CODE P


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