[Federal Register Volume 59, Number 124 (Wednesday, June 29, 1994)]
[Unknown Section]
[Page 0]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 94-15697]


[[Page Unknown]]

[Federal Register: June 29, 1994]


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SMALL BUSINESS ADMINISTRATION

 

Northwood Capital Partners, L.P. (Application No. 99000126); 
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 Northwood Capital Partners L.P. at 485 Underhill 
Boulevard, Suite 205, Syosset, NY 11791, 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.
    Northwood Capital Partners L.P. will be managed by Northwood 
Management Corp. Northwood Management Corp.'s officers and directors 
include:

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          Name                               Position                   
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Peter G. Schiff........  Chairman, CEO, Treasurer, and Director.        
Henry T. Wilson........  President, Secretary and Director.             
Marc Keller............  Director.                                      
------------------------------------------------------------------------

    Northwood Capital Partners L.P., a Delaware limited partnership, 
will be owned by Northwood Management Corp. (43.3%), the general 
partner, and Rabbit Hollow Partners (30.5%), JMS Trust f/b/o ETS et. 
al. (14.2%), and Henry T. Wilson (1.4%), the limited partners.
    The applicant has Regulatory Capital of $7.0 million and will be a 
source of equity financing for qualified small business concerns 
throughout the United States concentrating primarily in the greater New 
York area.
    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 New York, NY.

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

    Dated: June 20, 1994.
Robert D. Stillman,
Associate Administrator for Investment.
[FR Doc. 94-15697 Filed 6-28-94; 8:45 am]
BILLING CODE 8025-01-M