[Federal Register Volume 75, Number 66 (Wednesday, April 7, 2010)]
[Notices]
[Page 17793]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2010-7778]


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SMALL BUSINESS ADMINISTRATION

[Gemini Investors IV, L.P.; License No. 01/01-0410]


Notice Seeking Exemption Under Section 312 of the Small Business 
Investment Act, Conflicts of Interest

    Notice is hereby given that Gemini Investors IV, L.P., 20 William 
Street, Wellesley, MA 02481, 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). Gemini 
Investors IV, L.P. proposes to provide equity financing to finance the 
acquisition of B&H Education, Inc., 501 S. Beverly Drive, Suite 240, 
Beverly Hills, CA 90212.
    The financing is brought within the purview of Sec.  107.730 of the 
Regulations because Gemini Investors III, L.P., an Associate of Gemini 
Investors IV, L.P., owns more than ten percent of B&H Education, Inc. 
Also, the proposed investment by Gemini Investors IV, L.P. will be part 
of a larger pool of funds to cash out existing shareholders, one of 
which is its Associate Gemini Investors III, L.P. Lastly, Associates of 
Gemini Investors IV, L.P. currently serve on the board of directors of 
B&H Education, Inc.
    Therefore, this transaction is considered a financing of an 
Associate and a self-deal pursuant to 13 CFR 107.730 and requires 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 Associate Administrator for Investment, U.S. Small 
Business Administration, 409 Third Street, SW., Washington, DC 20416.

    Dated: March 18, 2010.
Sean J. Greene,
Associate Administrator for Investment.
[FR Doc. 2010-7778 Filed 4-6-10; 8:45 am]
BILLING CODE 8025-01-P