[Federal Register Volume 89, Number 4 (Friday, January 5, 2024)]
[Notices]
[Page 824]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2024-00019]


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SMALL BUSINESS ADMINISTRATION

[License No. 02/02-0700]


RCS SBIC Fund II, L.P.; Notice Seeking Exemption Under Section 
312 of the Small Business Investment Act, Conflicts of Interest

    Notice is hereby given that RCS SBIC Fund II, L.P., 800 Boylston 
Street, Boston, MA 02199, a Federal Licensee under the Small Business 
Investment Act of 1958, as amended (``the Act''), in connection with 
the financing of two 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). RCS SBIC Fund II, L.P. proposes 
to purchase assets from an Associate, Riverside Investment Management 
Company, LLC.
    The financings are brought within the purview of Sec.  
107.730(a)(4) of the Regulations because RCS SBIC Fund II, L.P., will 
purchase from Riverside Investment Management Company, LLC, at the 
amortized cost basis of each, securities issued by two Small 
Businesses: Oak Electric Service Intermediate, LLC; and Stratus 
Technology Services, L.L.C. Because Riverside Investment Management 
Company, LLC, is an Associate of RCS SBIC Fund II, L.P., this 
transaction is considered a conflict of interest 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. 
Small Business Administration, 409 Third Street SW, Washington, DC 
20416.

Bailey G. DeVries,
Associate Administrator, Office of Investment and Innovation, U.S. 
Small Business Administration.
[FR Doc. 2024-00019 Filed 1-4-24; 8:45 am]
BILLING CODE P