81 FR 62234 - New York Credit SBIC Fund, L.P. License No. 03/03-0265; Notice Seeking Exemption Under Section 312 of the Small Business Investment Act, Conflicts of Interest

SMALL BUSINESS ADMINISTRATION

Federal Register Volume 81, Issue 174 (September 8, 2016)

[Federal Register Volume 81, Number 174 (Thursday, September 8, 2016)]
[Notices]
[Pages 62234-62235]
From the Federal Register Online  [www.thefederalregister.org]
[FR Doc No: 2016-21603]


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SMALL BUSINESS ADMINISTRATION


New York Credit SBIC Fund, L.P. License No. 03/03-0265; Notice 
Seeking Exemption Under Section 312 of the Small Business Investment 
Act, Conflicts of Interest

    Notice is hereby given that New York Credit SBIC Fund, L.P., One 
Presidential Blvd., 4th Floor, Bala Cynwyd, PA 19004, 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). New 
York Credit SBIC Fund, L.P., proposes to purchase debt and equity 
security financing issued by Action Environmental Group, Inc., 300 
Frank W Burr Boulevard, Suite 30, Teaneck, NJ 07666, from Brightwood 
Capital SBIC I, L.P., 810 Seventh Avenue, 26th floor, New York, NY 
10019.
    The financing is brought within the purview of Sec.  107.730 of the 
Regulations because New York Credit SBIC Fund, L.P. and Brightwood 
Capital SBIC I, L.P. are Associates as defined under 13 CFR 107.50.
    Notice is hereby given that any interested person may submit 
written comments on this transaction within fifteen days of the date of 
this publication to the Associate Administrator, Office of Investment 
and Innovation, U.S. Small Business Administration, 409 Third Street 
SW., Washington, DC 20416.


[[Page 62235]]


    Dated: August 31, 2016.
Mark L. Walsh,
Associate Administrator for Office of Investment and Innovation.
[FR Doc. 2016-21603 Filed 9-7-16; 8:45 am]
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