[Federal Register Volume 72, Number 208 (Monday, October 29, 2007)]
[Notices]
[Page 61195]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: E7-21203]


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SMALL BUSINESS ADMINISTRATION

[License No. 09/79-0454]


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

    Notice is hereby given that Emergence Capital Partners SBIC, L.P., 
160 Bovet Road, Suite 300, San Mateo, CA 94402, 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). 
Emergence Capital Partners SBIC, L.P. proposes to provide equity/debt 
security financing to Krugle, Inc., 200 Middlefield Road, Suite 201, 
Menlo Park, CA 94025. 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 Emergence Capital Partners, L.P. and 
Emergence Capital Associates, L.P., all Associates of Emergence Capital 
Partners SBIC, L.P., own more than ten percent of Krugle, Inc., and 
therefore Krugle, Inc. is considered an Associate of Emergence Capital 
Partners SBIC, L.P. as detailed in Sec.  107.50 of the 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.

A. Joseph Shepard,
Associate Administrator for Investment.
[FR Doc. E7-21203 Filed 10-26-07; 8:45 am]
BILLING CODE 8025-01-P