[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: 94-19749]
[[Page Unknown]]
[Federal Register: August 12, 1994]
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SMALL BUSINESS ADMINISTRATION
[Application No. 990001333]
Walden-SBIC, 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 Walden-SBIC, L.P., 750 Battery Street, San
Francisco, California 94111, 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. Walden-SBIC, L.P. is a California
limited partnership.
Walden-SBIC, L.P., will be managed by Walden GP Corporation, a
California corporation located at the same address as the applicant.
Arthur S. Berliner, George S. Sarlo, Lip-Bu Tan, William P. Tai are the
sole beneficial owners of Walden GP Corporation. The following limited
partners own 10 percent or more of the proposed SBIC:
------------------------------------------------------------------------
Percentage
Name of Ownership
------------------------------------------------------------------------
Walden Capital Partners, II L.P., 750 Battery Street, San
Francisco, California 94111.............................. 99.0%
------------------------------------------------------------------------
The applicant will begin operations with capitalization of
approximately $10.0 million and will be a source of debt and equity
financings for qualified small business concerns. The applicant will
primarily invest in small concerns located in the western United
States, but will consider business activities in other geographical
areas of the United States.
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 San Francisco, California.
(Catalog of Federal Domestic Assistance Programs No. 59.011, Small
Business Investment Companies.)
Dated: August 3, 1994.
Robert D. Stillman,
Associate Administrator for Investment.
[FR Doc. 94-19749 Filed 8-11-94; 8:45 am]
BILLING CODE 8025-01-M
