[Federal Register Volume 70, Number 197 (Thursday, October 13, 2005)]
[Notices]
[Pages 59793-59794]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 05-20496]


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SMALL BUSINESS ADMINISTRATION

[License No. 06/76-0329]


Pharos Capital Partners II, L.P.; Notice Seeking Exemption Under 
Section 312 of the Small Business Investment Act, Conflicts of Interest

    Notice is hereby given that Pharos Capital Partners II, L.P., One 
Burton Hills Blvd., Suite 180, Nashville, TN 37215, 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 Sec.  107.730, Financings 
which Constitute Conflicts of Interest of the Small Business 
Administration (``SBA'') Rules and Regulations (13 CFR 107.730). Pharos 
Capital Partners II, L.P. proposes to provide equity/debt security 
financing to Alereon, Inc. The financing

[[Page 59794]]

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 Pharos Capital Partners, L.P. is an 
Associate of Pharos Capital Partners II, L.P. which owns more than ten 
percent of Alereon, Inc. Therefore, Alereon, Inc. is considered an 
Associate of Pharos Capital Partners II, L.P. as defined in 13 CFR 
107.50 of the SBIC 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.

Jaime Guzma[nacute]n-Fournier,
Associate Administrator for Investment.
[FR Doc. 05-20496 Filed 10-12-05; 8:45 am]
BILLING CODE 6025-01-P