[Federal Register Volume 59, Number 165 (Friday, August 26, 1994)]
[Unknown Section]
[Page 0]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 94-21057]


[[Page Unknown]]

[Federal Register: August 26, 1994]


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SMALL BUSINESS ADMINISTRATION
[Application No. 99000132]

 

Mercury Capital, 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 Mercury Capital, L.P., 650 Madison Avenue, New York, 
New York 10022 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. Mercury Capital, L.P. is a limited partnership formed under 
Delaware law.
    Mercury Capital, L.P. will be managed by the General Partner, 
Mercury Capital Investment Corp., and by Mercury Management Company, 
Inc. Both entities are located at the address provided above for the 
Applicant. The following limited partner will own 10 percent or more of 
the proposed SBIC:

------------------------------------------------------------------------
                                                              Percentage
                            Name                                  of    
                                                              ownership 
------------------------------------------------------------------------
Rosenkranz & Company and Subsidiaries, 650 Madison Avenue,              
 New York, New 10022.......................................        96.9%
------------------------------------------------------------------------

    The Applicant will begin operations with an initial capitalization 
of approximately $15.5 million. The Applicant intends to principally 
make equity investments in basic manufacturing, distribution and 
service businesses. The investments are expected to be in small 
concerns located in the midwest United States, however, the Applicant 
will also consider other attractive investment opportunities throughout 
the U.S., as appropriate.
    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 
SBIC 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, New York.

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

    Dated: August 19, 1994.
Robert D. Stillman,
Associate Administrator for Investment.
[FR Doc. 94-21057 Filed 8-25-94; 8:45 am]
BILLING CODE 8025-01-M