Search Results for keywords:"Patient Capital Investments"

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Search Results: keywords:"Patient Capital Investments"

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  • 2025-01804 — Plexus Fund III, L.P., Plexus Fund QP III, L.P.; Surrender of License of Small Business Investment Companies
    Type:Notice
    Citation:90 FR 8316
    Reading Time:less than a minute

    The United States Small Business Administration (SBA) has declared the licenses of Plexus Fund III, L.P. and Plexus Fund QP III, L.P. to operate as small business investment companies to be null and void. This decision was made under the authority of the Small Business Investment Act of 1958 and relevant federal regulations. Thomas Morris, the Director of Patient Capital Investments, is the official who announced this action on behalf of the SBA.

    Simple Explanation

    The government has taken back the permission for Plexus Fund III, L.P. and Plexus Fund QP III, L.P. to help small businesses grow with money, and it's not clear why or what happens next.

  • 2025-05263 — Surrender of License of Small Business Investment Company; Stonehenge Opportunity Fund III-B, L.P., License No. 05/05-0296
    Type:Notice
    Citation:90 FR 13974
    Reading Time:less than a minute

    The United States Small Business Administration has revoked the license of the Stonehenge Opportunity Fund III-B, L.P. as a small business investment company. This action was taken under the authority of Section 309 of the Small Business Investment Act of 1958 and 13 CFR 107.1900. As a result, the license held by Stonehenge Opportunity Fund III-B, L.P. is now null and void. The decision was announced by Thomas Morris, Director of Patient Capital Investments.

    Simple Explanation

    The people in charge decided that a company called Stonehenge Opportunity Fund III-B, L.P. isn't allowed to help small businesses anymore. They took away its special permission slip, so now the company can't keep doing that job.