[Federal Register Volume 59, Number 174 (Friday, September 9, 1994)]
[Unknown Section]
[Page 0]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 94-22314]


[[Page Unknown]]

[Federal Register: September 9, 1994]


=======================================================================
-----------------------------------------------------------------------

SMALL BUSINESS ADMINISTRATION

 

MidMark Capital, L.P. (Application No. 99000079); 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 MidMark Capital, L.P., 466 Southern Boulevard, 
Chatham, New Jersey, 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. 661 et seq.), and the Rules and Regulations 
promulgated thereunder.
    MidMark Capital, L.P. is a Delaware limited partnership. The 
Partnership will be managed by its General Partner, MidMark Associates, 
Inc. located at the same addresss as the applicant. The directors, 
officers and owners of the General Partner, MidMark Associates Inc., 
are: 

------------------------------------------------------------------------
                         Name                                 Title     
------------------------------------------------------------------------
Denis Newman..........................................  President.      
Wayne L. Clevenger....................................  Secretary.      
Joseph R. Robinson....................................  Treasurer.      
------------------------------------------------------------------------

    The sole limited partner of MidMark Capital will be MidMark Equity 
Partners, L.P. Wayne L. Clevenger, Denis Newman, and Joseph R. Robinson 
are the directors and owners of the General Partner, MidMark Advisors 
Inc., and are the principals who will manage the parent partnership. At 
this time, no individual investors own more than ten percent of the 
parent limited partnership.
    The applicant will begin operations with capitalization of 
approximately $10 million and will be a source of debt and equity 
financing for qualified small business concerns. The applicant will 
concentrate on investments on the East Coast.
    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 the Chatham, New Jersey Area.

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

    Dated: September 1, 1994.
Darryl K. Hairston,
Deputy Associate Administrator for Investment.
[FR Doc. 94-22314 Filed 9-8-94; 8:45 am]
BILLING CODE 8025-01-M