2013-12499. Escalate Capital Partners SBIC I, L.P., License No. 06/06-0335; Notice Seeking Exemption Under Section 312 of the Small Business Investment Act, Conflicts of Interest  

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    Notice is hereby given that Escalate Capital Partners, SBIC I, L.P., 300 W. 6th Street, Suite 2250, Austin, TX 78701, 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). Escalate Capital Partners, SBIC I, L.P. proposes to provide loan financing to SailPoint Technologies, Inc., 6034 West Courtyard Drive, Suite 309, Austin, TX 78730. The financing is contemplated to provide working capital.

    The financing is brought within the purview of § 107.730(a)(1) of the Regulations because AV• EC Partners I, L.P., an Associate of Escalate Capital Partners, SBIC I, L.P., owns more than ten percent of SailPoint 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 15 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: May 15, 2013.

    Harry E. Haskins,

    Acting Associate Administrator for Investment.

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    [FR Doc. 2013-12499 Filed 5-28-13; 8:45 am]

    BILLING CODE P

Document Information

Published:
05/29/2013
Department:
Small Business Administration
Entry Type:
Notice
Document Number:
2013-12499
Pages:
32294-32294 (1 pages)
PDF File:
2013-12499.pdf