[Federal Register Volume 60, Number 21 (Wednesday, February 1, 1995)]
[Notices]
[Page 6343]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 95-2409]
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SMALL BUSINESS ADMINISTRATION
Gateway Partners, L.P.; Notice of Issuance of a Small Business
Investment Company License
[License No. 07/77-0097]
On November 18, 1994, a notice was published in the Federal
Register (59 FR 59814) stating that an application had been filed by
Gateway Venture, L.P., 8000 Maryland Avenue, Suite 1190, St. Louis,
Missouri 63105, with the Small Business Administration (SBA) pursuant
to Sec. 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 December 3,
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,
including a request for a name change which was granted, SBA issued
License No. 07/77-0097 on January 23, 1995, to Gateway Partners, L.P.
to operate as a small business investment company.
The Licensee has initial private capital of $7.5 million, and Mr.
John S. McCarthy will manage the fund. Mr. McCarthy and two other
individual General Partners will own approximately 16% of the
partnership interests of the Licensee; the Danforth Foundation, a
limited partner investor, will own approximately 13.5% of the licensee.
The balance of the partnership will be owned by 33 individuals, trusts,
pensions and corporations, none of whom will own more than 10%.
(Catalog of Federal Domestic Assistance Program No. 59.011, Small
Business Investment Companies)
Dated: January 25, 1995.
Robert D. Stillman,
Associate Administrator for Investment.
[FR Doc. 95-2409 Filed 1-31-95; 8:45 am]
BILLING CODE 8025-01-M
