[Federal Register Volume 69, Number 114 (Tuesday, June 15, 2004)]
[Notices]
[Page 33454]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 04-13340]


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SMALL BUSINESS ADMINISTRATION


Telesoft Partners II SBIC, L.P., License No. 09/79-0432; Notice 
Seeking Exemption Under Section 312 of the Small Business Investment 
Act, Conflicts of Interest

    Notice is hereby given that Telesoft Partners II SBIC, L.P., 1450 
Fashion Island Blvd., Suite 610, San Mateo, CA 94404, 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). 
Telesoft Partners II SBIC, L.P. proposes to provide equity/debt 
security financing to Xambala, Inc. The financing is contemplated for 
working capital and general corporate purposes.
    The financing is brought within the purview of Sec.  107.730(a)(1) 
of the Regulations because Telesoft Partners II QP, L.P., Telesoft 
Partners II, L.P. and Telesoft NP Employee Fund, LLC, Associates of 
Telesoft Partners II SBIC, L.P., own more than ten percent of Xambala, 
Inc.
    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: May 27, 2004.
Jeffrey Pierson,
Associate Administrator for Investment.
[FR Doc. 04-13340 Filed 6-14-04; 8:45 am]
BILLING CODE 8025-01-P