[Federal Register Volume 59, Number 114 (Wednesday, June 15, 1994)]
[Unknown Section]
[Page 0]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 94-14474]


[[Page Unknown]]

[Federal Register: June 15, 1994]


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SMALL BUSINESS ADMINISTRATION
[Application No. 99000099]

 

SBIC Partners, 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 (1994)) by SBIC Partners, L.P., 201 Main Street, suite 2302, 
Fort Worth, Texas 76102, 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. SBIC Partners, L.P. is a Texas limited 
partnership.
    SBIC Partners, L.P. will have two general partners: Forrest Binkley 
& Brown Venture Co., the managing general partner, located at 201 Main 
Street, Fort Worth, Texas 76102; and FW-SBIC, Inc. located at 201 Main 
Street, Forth Worth, Texas 76102. The officers, directors, and owners 
of Forrest Binkley & Brown Venture Co. are:

------------------------------------------------------------------------
                                                               Ownership
             Name                           Title              (percent)
------------------------------------------------------------------------
Gregory J. Forrest............  Co-President and Chairman....       33.3
Nicholas B. Binkley...........  Co-President and Director....       33.3
Jeffrey J. Brown..............  Co-President, Secretary, and        33.3
                                 Director.                              
------------------------------------------------------------------------

    All these officers and directors have offices at 201 Main Street, 
Fort Worth, Texas 76102.
    The officers, directors, and owners of FW-SBIC, Inc. are:

------------------------------------------------------------------------
                                                               Ownership
             Name                           Title              (percent)
------------------------------------------------------------------------
William Hallman, Jr...........  President and Director.......         50
Peter Sterling................  Chairman.....................         50
W.R. Cotham...................  Vice President, Secretary,             0
                                 and Treasurer.                         
------------------------------------------------------------------------

    All these officers and directors have offices at 201 Main Street, 
Fort Worth, Texas 76102.
    The following limited partners own or control 10 percent or more of 
the proposed SBIC's Regulatory Capital:

------------------------------------------------------------------------
                                                              Percentage
                            Name                                  of    
                                                               ownership
------------------------------------------------------------------------
Michael Eisner, 500 South Buena Vista Street, Burbank,                  
 California 91521...........................................       27.2 
Lee M. Bass, 201 Main Street, suite 3200, Fort Worth, Texas             
 76102......................................................       17.1 
Alamo Partners, 201 Main Street, suite 3200, Fort Worth,                
 Texas 76102................................................       10.5 
------------------------------------------------------------------------

    The following investor owns or controls 10 percent or more of the 
applicant's private capital: William Hallman, Jr., 201 Main Street, 
suite 3200, Fort Worth, Texas 76102.
    The applicant has total committed capital of $30.0 million. It will 
be a source of debt and equity financings for qualified small business 
concerns, and will invest primarily in the states of Texas and 
California.
    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 Fort Worth, Texas.

(Catalog of Federal Domestic Assistance Programs No. 59.011, Small 
Business Investment Companies)

    Dated: June 8, 1994.
Robert D. Stillman,
Associate Administrator for Investment.
[FR Doc. 94-14474 Filed 6-14-94; 8:45 am]
BILLING CODE 8025-01-M