[Federal Register Volume 70, Number 138 (Wednesday, July 20, 2005)]
[Notices]
[Pages 41807-41808]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 05-14194]


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SMALL BUSINESS ADMINISTRATION

[License No. 09/79-0432]


Telesoft Partners II SBIC, L.P.; 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 BayPackets, Inc. The financing is

[[Page 41808]]

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., Telesoft Partners IA, L.P. and Telesoft NP Employee 
Fund, LLC, all Associates of Telesoft Partners II SBIC, L.P., own more 
than ten percent of BayPackets, 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.

Jaime Guzman-Fournier,
Associate Administrator for Investment.
[FR Doc. 05-14194 Filed 7-19-05; 8:45 am]
BILLING CODE 8025-01-P