[Federal Register Volume 59, Number 159 (Thursday, August 18, 1994)]
[Unknown Section]
[Page 0]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 94-20265]
[[Page Unknown]]
[Federal Register: August 18, 1994]
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SMALL BUSINESS ADMINISTRATION
[Application No. 99000138]
Eos Partners SBIC, 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 (1993)) by Eos Partners SBIC, L.P., 520 Madison Avenue, New
York, N.Y. 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. et. seq.), and the Rules and Regulations
promulgated thereunder. Eos Partners SBIC, L.P. is a limited
partnership formed under Delaware law. While the applicant may seek
opportunities throughout the U.S., it expects that most of its
investments will be in businesses located in New York, New Jersey,
Pennsylvania, Massachusetts, Maryland, California, Florida, Georgia,
Illinois, Michigan, and Texas.
The proposed SBIC will be managed by Eos Management, Inc., a
Delaware corporation which is wholly-owned by the limited partnership
which is providing most of the equity capital to be invested in the
applicant. The following partners will own 10 percent or more of the
proposed SBIC:
------------------------------------------------------------------------
Percentage
Name of
ownership
------------------------------------------------------------------------
B. Young, Family & Trust, c/o Eos Partners, L.P., 520
Madison Avenue, New York, NY 10022......................... 29.17
Onex Eos Holding, Inc., c/o Eos Partners, L.P., 520 Madison
Avenue, New York, NY 10022................................. 24.60
S. Friedman, Family & Trust, c/o Eos Partners, L.P., 520
Madison Avenue, New York, NY 10022......................... 19.45
------------------------------------------------------------------------
The applicant will begin operations with a minimum capitalization
of $2.650 million. Investments will be made in a diversified portfolio
of growth oriented companies. While not exclusive, the applicant has
identified a number of industries with attractive opportunities,
including information services, health care, telecommunications, and
media.
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, N.Y.
(Catalog of Federal Domestic Assistance Programs No. 59.011, Small
Business Investment Companies).
Dated: August 9, 1994.
Robert D. Stillman,
Associate Administrator for Investment.
[FR Doc. 94-20265 Filed 8-17-94; 8:45 am]
BILLING CODE 8025-01-M
