94-27271. Piper Jaffray Healthcare Capital, L.P. (SBIC); Notice of Issuance of a Small Business Investment Company License

[Federal Register Volume 59, Number 212 (Thursday, November 3, 1994)]
[Unknown Section]
[Page 0]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 94-27271]


[[Page Unknown]]

[Federal Register: November 3, 1994]


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SMALL BUSINESS ADMINISTRATION

[License No. 05/75-0220]

 

Piper Jaffray Healthcare Capital, L.P. (SBIC); Notice of Issuance 
of a Small Business Investment Company License

    On September 2, 1994, a notice was published in the Federal 
Register (59 FR 45745) stating that an application had been filed by 
Piper Jaffray Healthcare Capital, L.P. (SBIC) of Minneapolis, 
Minnesota, with the Small Business Administration (SBA) pursuant to 
Section 107.102 of the Regulations governing small business investment 
companies (13 CFR 107.102 (1994)) for a license to operate as a small 
business investment company.
    Interested parties were given until close of business on September 
16, 1994 to submit their comments to SBA. No comments were received.
    Notice is hereby given that, pursuant to Section 301(c) of the 
Small Business Investment Act of 1958, as amended, after having 
considered the application and all other pertinent information, SBA 
issued License No. 05/75-0220 on September 26, 1994, to Piper Jaffray 
Healthcare Capital L.P., (SBIC) to operate as a small business 
investment company.
    The Licensee will be owned by Piper Jaffray Healthcare Fund, L.P. 
(99.0%) and Piper Ventures Management IV, L.P. (1.0%). Investors 
holding more than 10.0% of Piper Jaffray Healthcare Fund, L.P. include 
Piper Jaffray Companies, Inc. through its Piper Jaffray Investors Fund 
VIII, and St. Jude Medical, Inc. a publicly-traded medical devices firm 
based in St. Paul, Minnesota. The Licensee will begin operations with 
$7.5 million of private capital.

(Catalog of Federal Domestic Assistance Program No. 59.011, Small 
Business Investment Companies)

    Dated: October 27, 1994.
Robert D. Stillman,
Associate Administrator for Investment.
[FR Doc. 94-27271 Filed 11-2-94; 8:45 am]
BILLING CODE 8025-01-M