[Federal Register Volume 75, Number 131 (Friday, July 9, 2010)]
[Notices]
[Pages 39588-39589]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2010-16763]


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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,

[[Page 39589]]

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). Emergence Capital Partners SBIC, L.P. proposes to provide 
equity financing to Intacct Corporation, 125 S. Market Street, Suite 
600, San Jose, California 95113. The financing is contemplated for 
working capital and general operating 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., Associates of Emergence Capital 
Partners SBIC, L.P., own more than ten percent of Intacct Corporation. 
Therefore, Intacct Corporation is considered an Associate of Emergence 
Capital Partners SBIC, L.P. and this transaction is considered 
Financing an Associate, requiring prior SBA 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.

    Dated: June 18, 2010.
Sean J. Greene,
Associate Administrator for Investment.
[FR Doc. 2010-16763 Filed 7-8-10; 8:45 am]
BILLING CODE P