[Federal Register Volume 77, Number 138 (Wednesday, July 18, 2012)]
[Notices]
[Page 42353]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2012-17446]


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SMALL BUSINESS ADMINISTRATION

[Accretive Investors SBIC, L.P.; License No. 02/72-0627]


Notice Seeking Exemption Under Section 312 of the Small Business 
Investment Act, Conflicts of Interest

    Notice is hereby given that Accretive Investors SBIC, L.P., 55 East 
59th Street 22nd Floor, New York, NY 10022, 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). 
Accretive Investors SBIC, L.P. proposes to provide debt financing to 
2007 Apollo Holding Corp. which owns 100% of the outstanding stock of 
operating company AlphaStaff Group, Inc., 800 Corporate Drive, Suite 
800, Fort Lauderdale, FL 33301.
    The financing is brought within the purview of Sec.  107.730 of the 
Regulations because Accretive II, LP and Accretive II Coinvestment, 
L.P., Associates of Accretive Investors SBIC, L.P., each own more than 
ten percent of Apollo Holding Corp. Also, the proposed investment by 
Accretive Investors SBIC, L.P. will be part of a larger pool of funds 
that will relieve a potential funding obligation of Accretive II GP, 
LLC, which is an Associate of Accretive Investors SBIC, L.P.
    Therefore, this transaction is considered a financing of an 
Associate and a self-deal pursuant to 13 CFR 107.730 and requires 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 Associate Administrator for Investment, U.S. Small 
Business Administration, 409 Third Street SW., Washington, DC 20416.

    Dated: July 9, 2012.
Sean J. Greene,
Associate Administrator for Investment.
[FR Doc. 2012-17446 Filed 7-17-12; 8:45 am]
BILLING CODE P