E9-10143. Horizon Ventures Fund II, 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 Horizon Ventures Fund II, L.P., 4 Main Street, Suite 50, Los Altos, CA 94022, 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). Horizon Ventures Fund II, L.P. proposes to provide equity/debt security financing to Invivodata, Inc., 2100 Wharton Street, Suite 505, Pittsburgh, PA 15203.

    The financing is brought within the purview of § 107.730(a)(1) of the Regulations because Horizon Ventures Fund I, L.P. and Horizon Ventures Advisors Fund I, L.P., both Associates of Horizon Ventures Fund II, L.P., own in the aggregate more than ten percent of Invivodata, Inc. Therefore this transaction is considered a financing of an Associate 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 Acting Administrator Start Printed Page 20512for Investment, U.S. Small Business Administration, 409 Third Street SW., Washington, DC 20416.

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    Dated: April 13, 2009.

    Harry E. Haskins,

    Acting Administrator for Investment.

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    [FR Doc. E9-10143 Filed 5-1-09; 8:45 am]

    BILLING CODE P

Document Information

Published:
05/04/2009
Department:
Small Business Administration
Entry Type:
Notice
Document Number:
E9-10143
Pages:
20511-20512 (2 pages)
Docket Numbers:
License No. 09/79-0456
PDF File:
e9-10143.pdf