[Federal Register Volume 59, Number 114 (Wednesday, June 15, 1994)]
[Unknown Section]
[Page 0]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 94-14474]
[[Page Unknown]]
[Federal Register: June 15, 1994]
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SMALL BUSINESS ADMINISTRATION
[Application No. 99000099]
SBIC Partners, L.P.; 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 (1994)) by SBIC Partners, L.P., 201 Main Street, suite 2302,
Fort Worth, Texas 76102, 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. SBIC Partners, L.P. is a Texas limited
partnership.
SBIC Partners, L.P. will have two general partners: Forrest Binkley
& Brown Venture Co., the managing general partner, located at 201 Main
Street, Fort Worth, Texas 76102; and FW-SBIC, Inc. located at 201 Main
Street, Forth Worth, Texas 76102. The officers, directors, and owners
of Forrest Binkley & Brown Venture Co. are:
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Ownership
Name Title (percent)
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Gregory J. Forrest............ Co-President and Chairman.... 33.3
Nicholas B. Binkley........... Co-President and Director.... 33.3
Jeffrey J. Brown.............. Co-President, Secretary, and 33.3
Director.
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All these officers and directors have offices at 201 Main Street,
Fort Worth, Texas 76102.
The officers, directors, and owners of FW-SBIC, Inc. are:
------------------------------------------------------------------------
Ownership
Name Title (percent)
------------------------------------------------------------------------
William Hallman, Jr........... President and Director....... 50
Peter Sterling................ Chairman..................... 50
W.R. Cotham................... Vice President, Secretary, 0
and Treasurer.
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All these officers and directors have offices at 201 Main Street,
Fort Worth, Texas 76102.
The following limited partners own or control 10 percent or more of
the proposed SBIC's Regulatory Capital:
------------------------------------------------------------------------
Percentage
Name of
ownership
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Michael Eisner, 500 South Buena Vista Street, Burbank,
California 91521........................................... 27.2
Lee M. Bass, 201 Main Street, suite 3200, Fort Worth, Texas
76102...................................................... 17.1
Alamo Partners, 201 Main Street, suite 3200, Fort Worth,
Texas 76102................................................ 10.5
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The following investor owns or controls 10 percent or more of the
applicant's private capital: William Hallman, Jr., 201 Main Street,
suite 3200, Fort Worth, Texas 76102.
The applicant has total committed capital of $30.0 million. It will
be a source of debt and equity financings for qualified small business
concerns, and will invest primarily in the states of Texas and
California.
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 30 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 Fort Worth, Texas.
(Catalog of Federal Domestic Assistance Programs No. 59.011, Small
Business Investment Companies)
Dated: June 8, 1994.
Robert D. Stillman,
Associate Administrator for Investment.
[FR Doc. 94-14474 Filed 6-14-94; 8:45 am]
BILLING CODE 8025-01-M
