[Federal Register Volume 60, Number 167 (Tuesday, August 29, 1995)]
[Notices]
[Page 44929]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 95-21321]
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SMALL BUSINESS ADMINISTRATION
[Application No. 99000173]
Geneva Middle Market Investors, 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 Sec. 107.102 of the
Regulations governing small business investment companies (13 CFR
107.102 (1995)) by Geneva Middle Market Investors, L.P. at 70 Walnut
Street, Wellesley, Massachusetts 02181 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. The applicant will consider
investments in businesses located throughout the United States.
Geneva Middle Market Investors, L.P., a Delaware limited
partnership, will be managed by GMM Investors Corporation, the
applicant's corporate general partner. Full-time management to the
applicant will be provided by James J. Goodman, Douglas M. Troob and
Stephanie L. Wagner. Mr. Goodman will serve as President, Mr. Douglas
Troob as Vice President and Secretary, and Ms. Wagner as Associate of
GMM Investors Corporation. The board of directors of the GMM Investors
Corporation will be David H. Troob (Chairman), Robert L. Kuhn, Thomas
L. Kempner, Donald R. Weisberg, and James J. Goodman. Each of the
Directors has had extensive experience in private company investing.
The applicant is affiliated with The Geneva Companies, a leading source
for acquisition of privately held companies with capitalization below
$50 million.
The following limited partners will own 10 percent or more of the
proposed SBIC:
------------------------------------------------------------------------
Percentage
Name of
ownership
------------------------------------------------------------------------
GTLK Holdings, Inc., 5 Park Place, Suite 1900, Irvine,
California 92714........................................... 20
------------------------------------------------------------------------
The applicant will begin operations with Regulatory Capital of
$10.8 million and will focus its investment portfolio in growing
companies principally in the manufacturing, wholesaling, retailing, and
service industries. The applicant will invest primarily in companies
with strong growth prospects in need of expansion financing.
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 Boston, Massachusetts.
(Catalog of Federal Domestic Assistance Programs No. 59.011, Small
Business Investment Companies)
Dated: August 23, 1995.
Darryl K. Hairston,
Deputy Associate Administrator for Investment.
[FR Doc. 95-21321 Filed 8-28-95; 8:45 am]
BILLING CODE 8025-01-P
