[Federal Register Volume 61, Number 24 (Monday, February 5, 1996)]
[Notices]
[Page 4299]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 96-2309]
=======================================================================
-----------------------------------------------------------------------
SMALL BUSINESS ADMINISTRATION
[Application No. 99000176]
Regent Capital Partners, L.P.; 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 Section 107.102 of the
Regulations governing small business investment companies (13 CFR
107.102 (1995)) by Regent Capital Partners, L.P., at 505 Park Avenue,
Suite 1700, New York, New York 10022 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. Secs. 661 et. seq.), and
the Rules and Regulations promulgated thereunder.
Regent Capital Partners, L.P., is a Delaware limited partnership,
of which Regent Capital Holdings, Inc. is the sole general partner.
The individual General Partners of Regent Capital Partners, L.P.
are Richard H. Hochman, Nina E. McLemore and John Oliver Maggard. All
three of these individuals have extensive experience in banking,
finance, and investment analysis.
Regent Capital Partners, L. P. will begin operations with committed
capital of $18.7 million and will be a source of equity and debt
financings for qualified small business concerns.
The following partner will own 10 percent or more of the proposed
SBIC:
------------------------------------------------------------------------
Percentage
Name of
ownership
------------------------------------------------------------------------
Alan Meltzer............................................... 10.7
------------------------------------------------------------------------
The applicant intends to focus on subordinated debt and equity
investments in small to medium size companies across a variety of
industries. The applicant anticipates making portfolio investments in
various industries including, consumer products and services, media and
communications, and distribution.
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 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: January 30, 1996.
Don A. Christensen,
Associate Administrator for Investment.
[FR Doc. 96-2309 Filed 2-2-96; 8:45 am]
BILLING CODE 8025-01-P
