[Federal Register Volume 82, Number 208 (Monday, October 30, 2017)]
[Notices]
[Pages 50208-50209]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2017-23499]


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SMALL BUSINESS ADMINISTRATION

[License No. 09/09-0481]


Notice Seeking Exemption Under Section 312 of the Small Business 
Investment Act, Conflicts of Interest: Propel Venture Partners US Fund 
I, L.P.

    Notice is hereby given that Propel Venture Partners US Fund, L.P., 
201 Mission Street, 25th Floor, San Francisco, CA 94105, a Federal 
Licensee under the Small Business Investment Act of 1958, as amended 
(``the Act''), in connection with the financing of a small concerns, 
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). Propel Venture Partners US Fund, L.P. proposes to purchase 
common stock of Kasisto, Inc. from BBVA Compass Bancshares, Inc. 
(``BBVA''). Kasisto has requested the transaction because it prefers 
the shares to be held by a venture investor who will support the 
continued growth of the company.
    The proposed transaction is brought within the purview of section 
107.730 of the Regulations because BBVA is the sole owner of Propel 
Venture Partners US Fund, L.P. BBVA is considered an Associate of 
Propel Venture Partners US Fund, L.P. pursuant to section 107.50. 
Therefore, the proposed transaction is considered self-deal pursuant to 
13 CFR 107.730 and requires a regulatory 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

[[Page 50209]]

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

    Dated: October 23, 2017.
A. Joseph Shepard,
Associate Administrator for Investment and Innovation.
[FR Doc. 2017-23499 Filed 10-27-17; 8:45 am]
BILLING CODE P