[Federal Register Volume 72, Number 170 (Tuesday, September 4, 2007)]
[Notices]
[Page 50707]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 07-4306]



[[Page 50707]]

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SMALL BUSINESS ADMINISTRATION

[License No. 01/71-0360]


Zero Stage Capital V, LP; Notice Seeking Exemption Under Section 
312 of the Small Business Investment Act, Conflicts of Interest

    Notice is hereby given that Zero Stage Capital V, L.P., 265 
Franklin Street, 18th Floor, Boston, MA 02110, a Federal Licensee under 
the Small Business Investment Act of 1958, as amended (``the Act''), in 
connection with the Licensee's General Partner's continued role in 
managing the Licensee's assets after the sale of such assets to a buyer 
group, has sought an exemption under section 312 of the Act and section 
107.730(a), self-deal which constitutes Conflicts of Interest of the 
Small Business Administration (``SBA'') rules. Zero Stage Capital 
Associates V, LP, the General partner of the Licensee, proposes to 
continue managing the Licensee's assets, which will be acquired by an 
institutional buyer (``Buyer'').
    The management arrangement is brought within the purview of Sec. 
107.730(a) of the Regulations because the Licensee's managers will 
benefit from their continued management role after the sale of the 
portfolio to the Buyer. Therefore, this management arrangement 
constitutes a conflict of interest which requires SBA's prior approval.
    Notice is hereby given that any interested person may submit 
written comments on the transaction, within 15 days of the date of this 
publication, to the Associate Administrator for Investment, U.S. Small 
Business Administration, 409 Third Street, SW., Washington, DC 20416.

Harry Haskins,
Acting Associate Administrator For Investment.
[FR Doc. 07-4306 Filed 8-31-07; 8:45 am]
BILLING CODE 8025-01-M