[Federal Register Volume 74, Number 45 (Tuesday, March 10, 2009)]
[Notices]
[Page 10339]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: E9-4986]


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SMALL BUSINESS ADMINISTRATION

[TeleSoft Partners II SBIC, L.P.; License No. 09/79-0432]


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., 950 
Tower Lane, Suite 1600, Foster City, 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 financing to 
Calient Networks, Inc., 2665 North First Street, Suite 204, San Jose, 
CA 95134. The financing is contemplated for working capital and general 
corporate purposes.
    The financing is brought within the purview of section107.730(a)(1) 
of the Regulations because TeleSoft Partners II, L.P., TeleSoft 
Partners II QP, L.P. and TeleSoft NP Employee Fund, L.L.C, all 
Associates of TeleSoft Partners II SBIC, L.P., in the aggregate own 
more than ten percent of Calient Networks, Inc.
    Therefore, this transaction is considered a financing of an 
Associate requiring an exemption. Notice is hereby given that any 
interested person may submit written comments on the transaction within 
fifteen days of the date of this publication to the Acting Associate 
Administrator for Investment, U.S. Small Business Administration, 409 
Third Street, SW., Washington, DC 20416.

    Dated: February 25, 2009.
Harry Haskins,
Acting Associate Administrator for Investment.
 [FR Doc. E9-4986 Filed 3-9-09; 8:45 am]
BILLING CODE 8025-01-P