[Federal Register Volume 77, Number 123 (Tuesday, June 26, 2012)]
[Notices]
[Pages 38125-38126]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2012-15559]


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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 Seacoast Capital Partners III, L.P., 
555 Ferncroft Road, Danvers, MA 01923, 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). 
Seacoast Capital Partners III, L.P., proposes to provide debt/equity 
security financing to Fox Run Holdings, Inc., 1907 Stout Drive, 
Warminster, PA 18974 (``Fox Run'').
    The financing is brought within the purview of Sec.  107.730(a)(1) 
of the Regulations because Seacoast Capital Partners II, L.P. an 
Associate of Seacoast Capital Partners III, L.P., own more than ten 
percent of Fox Run, and therefore this transaction is considered a 
financing of an Associate requiring prior SBA approval.
    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 Associate Administrator for Investment, U.S.

[[Page 38126]]

Small Business Administration, 409 Third Street SW., Washington, DC 
20416.

     Dated: June 14, 2012.
Sean J. Greene,
Associate Administrator for Investment.
[FR Doc. 2012-15559 Filed 6-25-12; 8:45 am]
BILLING CODE P