[Federal Register Volume 89, Number 153 (Thursday, August 8, 2024)]
[Notices]
[Pages 65005-65006]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2024-17608]


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SMALL BUSINESS ADMINISTRATION


Small Business Investment Company License Issuance

AGENCY: U.S. Small Business Administration.

ACTION: Notice of Small Business Investment Company (SBIC) Licenses.

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    Pursuant to the authority granted to the United States Small 
Business Administration under section 301(c) of the Small Business 
Investment Act of 1958, as amended, to grant Small Business Investment 
Company licenses under the Small Business Investment Company Program, 
this notice satisfies the requirement effective August 17, 2023 under 
13 CFR 107.501(a) to publish in the Federal Register the names of SBICs 
with date of licensure and Total Intended Leverage Commitments. The 
following SBICs received SBIC licenses from July 1, 2024, through July 
31, 2024:

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                                     Date of
          SBIC fund name            licensure      Leverage tiers \1\
------------------------------------------------------------------------
BIP III SBIC, L.P................    7/08/2024  Non-leveraged.
Northstar Mezzanine Partners SBIC    7/11/2024  2.0x.
 II, L.P.
Hercules SBIC V, L.P.............    7/11/2024  2.0x.
Cultivation Capital Seed Fund        7/11/2024  Non-leveraged.
 III, L.P.
High Street Capital VI SBIC, L.P.    7/15/2024  2.0x.
Northcreek Mezzanine Fund IV, L.P    7/15/2024  2.0x.
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\1\ Maximum amount of Leverage expressed as a multiple of Leverageable
  Capital pursuant to 13 CFR 107.1150. For all SBIC Licensees that
  submitted a Management Assessment Questionnaire after August 17, 2023,
  the Notice of SBIC Licenses will include the Total Intended Leverage
  Commitment at the time of Licensure.



[[Page 65006]]

Bailey DeVries,
Associate Administrator, Office of Investment and Innovation, U.S. 
Small Business Administration.
[FR Doc. 2024-17608 Filed 8-7-24; 8:45 am]
BILLING CODE 8026-09-P