[Federal Register Volume 69, Number 41 (Tuesday, March 2, 2004)]
[Notices]
[Page 9892]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 04-4575]


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

SMALL BUSINESS ADMINISTRATION

[MidMark Capital II, L.P License No. 02/72-0602]


Notice Seeking Exemption Under Section 312 of the Small Business 
Investment Act, Conflicts of Interest

    Notice is hereby given that MidMark Capital II, L.P., 177 Madison 
Avenue, Morristown, New Jersey 07960, a Federal Licensee under the 
Small Business Investment Act of 1958, as amended (``the Act''), in 
connection with the financing of a small concern, has sought 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 (2003)). 
MidMark Capital II, L.P. proposes to provide equity financing to Kane 
Magnetics Acquisition, LLC. The financing is contemplated for an 
acquisition.
    The financing is brought within the purview of Section 
107.730(a)(1) of the Regulations because MidMark Equity Partners II, 
L.P., an Associate of MidMark Capital II, L.P., currently owns greater 
than ten percent of Kane Magnetics Acquisition, LLC and therefore Kane 
Magnetics Acquisition, LLC is considered an Associate of MidMark 
Capital II, L.P. as defined in Sec. 107.50 of the regulations.
    Notice is hereby given that any interested person may submit 
written comments on the transaction to the Associate Administrator for 
Investment, U.S. Small Business Administration, 409 Third Street, SW., 
Washington, DC 20416.

    Dated: February 25, 2004.
Jeffrey D. Pierson,
Associate Administrator for Investment.
[FR Doc. 04-4575 Filed 3-1-04; 8:45 am]
BILLING CODE 8025-01-P