[Federal Register Volume 59, Number 152 (Tuesday, August 9, 1994)]
[Unknown Section]
[Page 0]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 94-19416]
[[Page Unknown]]
[Federal Register: August 9, 1994]
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SMALL BUSINESS ADMINISTRATION
Zero Stage Capital V, L.P.; Filing of an Application for a
License to Operate as a Small Business Investment Company
[Application No. 99000093]
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 Zero Stage Capital V, L.P., 101 Main Street, 17th
Fl., Cambridge, MA 02142, 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 initial investors and their percent of ownership of the
Applicant are as follows:
------------------------------------------------------------------------
Percentage of
Name ownership
------------------------------------------------------------------------
General Partner:
Zero Stage Capital Associates, L.P. 101 Main Street,
Cambridge, MA 02142.................................. 1.0
Limited Partners:
Massachusetts Bay Transportation Authority Retirement
Fund, 99 Summer Street, Suite 1700, Boston MA 02110.. 22.6
Middlesex County Retirement System, New Superior Court
House, East Cambridge, MA 02141...................... 11.3
National Bancorp of Alaska, Inc., 301 Northern Lights
Blvd., Fl. 2, Anchorage, AK 99503.................... 33.9
New Hampshire Dept. of Resources and Economic
Development, 172 Pembroke Road, Concord, NH 03301.... 11.3
11 Limited Partners each owning less than 10%......... 19.9
100.0%
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Zero Stage Capital V, L.P. will be managed by Zero Stage Capital
Company, Inc. The officers and directors of Zero Stage Capital Company,
Inc. are:
------------------------------------------------------------------------
Percentage
Name Relationship to manager ownership of
manager
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Gordon B. Baty............. Secretary.................. 33.3
Paul M. Kelley............. President.................. 33.3
Edward B. Roberts.......... Shareholder................ 33.3
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The applicant will begin operations with committed capital of
approximately $8.8 million and will be a source of debt and equity
financings for qualified small business concerns. The applicant will
invest across the continent United States, with higher concentration in
the Northeast and Mid-Atlantic regions.
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, MA.
(Catalog of Federal Domestic Assistance Programs No. 59.011, Small
Business Investment Companies)
Dated: July 27, 1994.
Robert D. Stillman,
Associate Adminstrator for Investment.
[FR Doc. 94-19416 Filed 8-8-94; 8:45 am]
BILLING CODE 8025-01-M
