[Federal Register Volume 84, Number 203 (Monday, October 21, 2019)]
[Notices]
[Page 56280]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2019-22911]


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 SMALL BUSINESS ADMINISTRATION

[License No. 01/01-0433]


Gemini Investors VI, L.P.; Notice Seeking Exemption Under Section 
312 of the Small Business Investment Act, Conflicts of Interest

    Notice is hereby given that Gemini Investors VI, L.P., 20 William 
Street, Wellesley, MA 02481, 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). Gemini 
Investors VI, L.P. proposes to provide equity financing to finance the 
acquisition of New Era, Inc., 208 Carter Drive, West Chester, PA 19382.
    The financing is brought within the purview of Sec.  107.730 of the 
Regulations because Gemini Investors V, L.P., an Associate of Gemini 
Investors VI, L.P., owns more than ten percent of New Era, Inc. Also, 
the proposed investment by Gemini Investors VI, L.P. will be part of a 
larger pool of funds to cash out existing shareholders, one of which is 
its Associate Gemini Investors V, L.P. Lastly, Associates of Gemini 
Investors V, L.P. currently serve on the board of directors of New Era, 
Inc.
    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: October 10, 2019.
A. Joseph Shepard,
Associate Administrator for Investment.
[FR Doc. 2019-22911 Filed 10-18-19; 8:45 am]
BILLING CODE P