2016-23485. Northcreek Mezzanine 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 Northcreek Mezzanine Fund II, L.P., 312 Walnut Street, Suite 2310 Cincinnati, OH 45202, 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). Northcreek Mezzanine Fund I, L.P. and Northcreek Mezzanine Fund II, L.P. propose to provide debt and equity financing to Alpha Sintered Metals, LLC, 95 Mason Run Road, Ridgway, PA 15853.

    The financing is brought within the purview of § 107.730(a)(2) of the Regulations because Northcreek Mezzanine Fund I, L.P. is currently invested in Alpha Sintered Metals, LLC and because of its level of ownership, Alpha Sintered Metals, LLC is an Associate. Northcreek Mezzanine Fund I, L.P. and Northcreek Mezzanine Fund II, L.P. are also Associates and are seeking to co-invest in Alpha Sintered Metals, LLC. Therefore this transaction is considered financing an Associate, requiring prior SBA 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: September 14, 2016.

    Mark L. Walsh,

    Associate Administrator for Office of Investment and Innovation.

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    [FR Doc. 2016-23485 Filed 9-28-16; 8:45 am]

    BILLING CODE P

Document Information

Published:
09/29/2016
Department:
Small Business Administration
Entry Type:
Notice
Document Number:
2016-23485
Pages:
67044-67044 (1 pages)
Docket Numbers:
License No. 05/05-0315
PDF File:
2016-23485.pdf