[Federal Register Volume 77, Number 38 (Monday, February 27, 2012)]
[Notices]
[Page 11618]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2012-4391]


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SMALL BUSINESS ADMINISTRATION

[License No. 03/03-0247]


Solutions Capital I, L.P.; Notice Seeking Exemption Under the 
Small Business Investment Act, Conflicts of Interest

    Notice is hereby given that Solutions Capital I, L.P., 1100 Wilson 
Blvd., Suite 3000, Arlington, VA 22209, 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 Sec.  312 of the Act and Sec.  107.730, Financings 
which constitute conflicts of interest, of the Small Business 
Administration Rules and Regulations (13 CFR 107). Solutions Capital I, 
L.P., proposes to acquire debt financing from MCG Capital Corporation 
in Advanced Sleep Concepts, Inc., 195 Chatillon Road NE., Rome, GA, 
30162. The financing is contemplated to provide growth capital for the 
company.
    The financing is brought within the purview of Sec.  107.730(a) of 
the Regulations because MCG Capital Corporation, an Associate of 
Solutions Capital I, L.P., has a greater than 10% equity interest in 
Advanced Sleep Concepts, Inc., thereby making Advanced Sleep Concepts, 
Inc., an Associate of Solutions Capital I, L.P., as defined 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.

Sean J. Greene,
Associate Administrator for Investment and Innovation.
[FR Doc. 2012-4391 Filed 2-24-12; 8:45 am]
BILLING CODE P