[Federal Register Volume 59, Number 155 (Friday, August 12, 1994)]
[Unknown Section]
[Page 0]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 94-19747]
[[Page Unknown]]
[Federal Register: August 12, 1994]
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SMALL BUSINESS ADMINISTRATION
[Application No. 99000136]
KCEP I, 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 (1994)) by KCEP I, L.P., 4200 Somerset, Prairie Village, Kansas
66208, 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.
KCEP I, L.P. is a Kansas limited partnership.
The applicant's general partner, KCEP I, L.C., and manager, Kansas
City Equity Partners, L.C., are located at the same address as the
applicant. The officers, directors, and owners of both KCEP I, L.C. and
Kansas City Equity Partners, L.C. are:
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Percentage
Name Title ownership
------------------------------------------------------------------------
Paul H. Henson............ President..................... 33.3 percent
Jack B. Le Claire......... Vice President/Treasurer...... 33.3 percent
William M. Reisler........ Vice President/Secretary...... 33.3 percent
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These individuals maintain offices at the applicant's address.
The following investors own 10 percent or more of the applicant's
Regulatory Capital:
------------------------------------------------------------------------
Percentage of
Name Ownership
------------------------------------------------------------------------
UtiliCorp United, Inc., 911 Main Street, Kansas City,
Missouri 64105........................................ 19.7 percent
------------------------------------------------------------------------
The applicant has total committed capital of $10.6 million and
Regulatory Capital of $10.2 million. It will be a source of debt and
equity financings for qualified small business concerns, and will
invest primarily in the Kansas City region.
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 Kansas City, Missouri.
(Catalog of Federal Domestic Assistance Programs No. 59.011, Small
Business Investment Companies).
Dated: August 8, 1994.
Robert D. Stillman,
Associate Administrator for Investment.
[FR Doc. 94-19747 Filed 8-11-94; 8:45 am]
BILLING CODE 8025-01-M