[Federal Register Volume 60, Number 39 (Tuesday, February 28, 1995)]
[Notices]
[Pages 10891-10892]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 95-4822]
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SMALL BUSINESS ADMINISTRATION
[Application No. 99000161]
United Partners, Inc.; Notice of Filing of an Application for a
License to Operate as a Small Business Investment Company
Notice is hereby given of the filing of an application with the
Small Business Administration (SBA) pursuant to Sec. 107.102 of the
Regulations governing small business investment companies (13 CFR
107.102 (1994)) by UBS Partners, Inc. at 299 Park Avenue, New York, NY
10171, for a license to operate as a small business investment company
(SBIC) under the Small Business Investment Act of 1958, as amended, (15
U.S.C. et. seq.), and the Rules and Regulations promulgated thereunder.
Its area of operation will be throughout the United States.
UBS Partners, Inc. is a wholly owned subsidiary of UBS, Inc. UBS
Partners, Inc. has three officers: Justin S. Maccarone, President;
Jeffrey Keenan, Vice-President and Secretary; and, Michael Greene,
Vice-President and Treasurer. The Officers, who will be employed by the
parent and other affiliates, have extensive banking and senior
management experience, advanced academic training in business
management, and multiple investment experiences in varied companies and
industries.
The applicant will begin operations with Regulatory Capital of $2.6
million and will be a source of equity and subordinated debt for
companies with annual sales of $5 million, as well as, startup small
business concerns.
Matters involved in SBA's consideration of the application include
the general business reputation and character of the proposed owners
and management, and the probability of successful operations of the new
company under their management, including profitability and financial
soundness in accordance with the Act and Regulations.
Notice is hereby given that any person may, not later than 15 days
from the [[Page 10892]] date of publication of this Notice, submit
written comments on the proposed SBIC to the Associate Administrator
for Investment, Small Business Administration, 409 3rd Street, SW.,
Washington, DC 20416.
A copy of this Notice will be published in a newspaper of general
circulation in New York, New York.
(Catalog of Federal Domestic Assistance Programs No. 59.011, Small
Business Investment Companies)
Dated: February 22, 1995.
Robert D. Stillman,
Associate Administrator for Investment.
[FR Doc. 95-4822 Filed 2-27-95; 8:45 am]
BILLING CODE 8025-01-M
