[Federal Register Volume 59, Number 155 (Friday, August 12, 1994)]
[Unknown Section]
[Page 0]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 94-19749]


[[Page Unknown]]

[Federal Register: August 12, 1994]


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SMALL BUSINESS ADMINISTRATION
[Application No. 990001333]

 

Walden-SBIC, 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 Section 107.102 of the 
Regulations governing small business investment companies (13 CFR 
107.102 (1994)) by Walden-SBIC, L.P., 750 Battery Street, San 
Francisco, California 94111, 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. Walden-SBIC, L.P. is a California 
limited partnership.
    Walden-SBIC, L.P., will be managed by Walden GP Corporation, a 
California corporation located at the same address as the applicant. 
Arthur S. Berliner, George S. Sarlo, Lip-Bu Tan, William P. Tai are the 
sole beneficial owners of Walden GP Corporation. The following limited 
partners own 10 percent or more of the proposed SBIC:

------------------------------------------------------------------------
                                                             Percentage 
                           Name                             of Ownership
------------------------------------------------------------------------
Walden Capital Partners, II L.P., 750 Battery Street, San               
 Francisco, California 94111..............................         99.0%
------------------------------------------------------------------------


    The applicant will begin operations with capitalization of 
approximately $10.0 million and will be a source of debt and equity 
financings for qualified small business concerns. The applicant will 
primarily invest in small concerns located in the western United 
States, but will consider business activities in other geographical 
areas of the United States.
    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 San Francisco, California.

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

    Dated: August 3, 1994.
Robert D. Stillman,
Associate Administrator for Investment.
[FR Doc. 94-19749 Filed 8-11-94; 8:45 am]
BILLING CODE 8025-01-M