E9-8794. Telegraph Hill Partners SBIC, L.P.; Notice Seeking Exemption Under Section 312 of the Small Business Investment Act, Conflicts of Interest  

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    Notice is hereby given that Telegraph Hill Partners SBIC, L.P., 360 Post Street, Suite 601, San Francisco, CA 94108, 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). Telegraph Hill Partners SBIC, L.P. proposes to provide equity security financing to Althea Technologies, Inc., 11040 Roselle Street, San Diego, CA 92121. The financing is contemplated for working capital and general corporate purposes.

    The financing is brought within the purview of section 107.730(a)(1) of the Regulations because Telegraph Hill Partners II, L.P., THP II Affiliates Fund, L.P., and THP Affiliates Fund, L.P., all Associates of Telegraph Hill Partners SBIC, L.P., own more than ten percent of Althea Technologies, Inc.

    Therefore, this transaction is considered a financing of an Associate requiring 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 the Associate Administrator for Investment, U.S. Small Business Administration, 409 Third Street, SW., Washington, DC 20416.

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    Dated: February 19, 2009.

    Harry Haskins,

    Acting Associate Administrator for Investment.

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    [FR Doc. E9-8794 Filed 4-16-09; 8:45 am]

    BILLING CODE 8025-01-P

Document Information

Published:
04/17/2009
Department:
Small Business Administration
Entry Type:
Notice
Document Number:
E9-8794
Pages:
17896-17896 (1 pages)
Docket Numbers:
License No. 09/79-0453
PDF File:
e9-8794.pdf