[Federal Register Volume 70, Number 183 (Thursday, September 22, 2005)]
[Notices]
[Page 55655]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 05-18888]


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SMALL BUSINESS ADMINISTRATION


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

    Notice is hereby given that Harbert Mezzanine Partners SBIC II, 
L.P. (``Applicant''), One Riverchase Parkway South, Birmingham, AL 
35244, an SBIC Applicant 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 (2004)). Harbert Mezzanine Partners SBIC II, L.P. proposes 
to provide financing in the form of subordinated debt and Series B 
convertible preferred stock to Optical Experts Manufacturing, Inc. 
(``OEM''), 8500 Tyron Street, Charlotte, NC 28273. The proceeds will be 
used to finance the recapitalization of OEM.
    This investment requires an exemption from the prohibitions in 13 
CFR 107.730, Conflicts of Interest, because OEM is an Associate of the 
Applicant by virtue of the greater than 10 percent ownership interest 
held by Harbinger Mezzanine Partners, L.P. (``Harbinger'').
    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. 05-18888 Filed 9-21-05; 8:45 am]
BILLING CODE 8025-01-P