[Federal Register Volume 78, Number 127 (Tuesday, July 2, 2013)]
[Notices]
[Page 39820]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2013-15653]


-----------------------------------------------------------------------

SMALL BUSINESS ADMINISTRATION

Salem Halifax Capital Partners, L.P.

[License No. 04/04-0300]


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

    Notice is hereby given that Salem Halifax Capital Partners, L.P., 
2849 Paces Ferry Road, Overlook I, Suite 660, Atlanta, GA 30339, 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). Salem Halifax Capital Partners, L.P. is seeking post-
financing approval from SBA for a debt and equity financing it made to 
XL Associates, Inc., 1650 Tysons Boulevard, Suite 720, McLean, VA 22102 
(``XL'').
    The financing is brought within the purview of Sec.  107.730(a)(1) 
and Sec.  107.730(d)(1) of the Regulations because Salem Halifax 
Capital Partners, L.P. invested in XL, which is considered an Associate 
of Salem Halifax Capital Partners, L.P., through Halifax Capital 
Partners', an Associate of Salem Halifax Capital Partners, L.P., 
ownership of more than 10% of XL's equity. Therefore this transaction 
is considered a financing constituting a conflict of interest requiring 
prior SBA approval. Salem Halifax Capital Partners, L.P. has already 
made its investment in XL and is seeking post-financing 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. 
Small Business Administration, 409 Third Street SW., Washington, DC 
20416.

Harry Haskins,
Acting Associate Administrator for Investment.
[FR Doc. 2013-15653 Filed 7-1-13; 8:45 am]
BILLING CODE 8025-01-P