2025-01804Notice

Small Business Funds Quietly Surrender Their Investment Licenses

Published Date: 1/28/2025

Notice

Summary

Plexus Fund III, L.P. and Plexus Fund QP III, L.P. have officially given up their licenses to operate as Small Business Investment Companies. This means they won’t be making new investments under these licenses anymore. The change is effective immediately, signaling a shift in how these funds will support small businesses going forward.

Analyzed Economic Effects

1 provisions identified: 0 benefits, 1 costs, 0 mixed.

Plexus Funds Surrender SBIC Licenses

Plexus Fund III, L.P. (License No. 04/04-0324) and Plexus Fund QP III, L.P. (License No. 04/04-0325) have surrendered their Small Business Investment Company (SBIC) licenses, which were declared null and void effective January 27, 2025. These two funds will not make new investments under those SBIC licenses anymore.

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Key Dates

Effective Date
Published Date
1/27/2025
1/28/2025

Department and Agencies

Department
Independent Agency
Agency
Small Business Administration
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