[Federal Register Volume 60, Number 208 (Friday, October 27, 1995)]
[Notices]
[Page 55076]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 95-26668]



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SMALL BUSINESS ADMINISTRATION

[Application No. 99000174]


ABN AMRO Capital Inc.; 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 (1995)) by ABN AMRO Capital Inc., at 135 South LaSalle Street 
Suite 725, Chicago, Illinois 60674-9135 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. Secs. 661 et seq.), and 
the Rules and Regulations promulgated thereunder.
    The applicant is a wholly owned second tier subsidiary of ABN AMRO 
Bank formed under Delaware law.
    The applicant's officers will be Paul J. Widuch (President), Robert 
K. Quinn (Secretary), and Dennis J. O'Malley (Treasurer). All three of 
these individuals are officers of ABN AMRO Bank, N. V. and/or ABN AMRO 
North America, Inc., and each has extensive experience in banking, 
finance, and investment analysis.
    ABN AMRO Capital Inc. will begin operations with committed capital 
of $2.5 million from ABN AMRO North America, Inc. with additional 
capital contributed over time, as necessary, to fund investment 
opportunites when they arise once applicant is granted a license to 
operate as a small business investment company. ABN AMRO Capital Inc.'s 
entire $2.5 million of initial private capital is being contributed by 
ABN AMRO North America, Inc. Accordingly, the following shareholder 
will own 10 percent or more of the proposed SBIC:

------------------------------------------------------------------------
                                                              Percentage
                            Name                                  of    
                                                               ownership
------------------------------------------------------------------------
ABN AMRO North America, Inc., 135 South LaSalle Street,                 
 Chicago, IL. 60674-9135....................................        100 
------------------------------------------------------------------------

    The applicant intends to focus on subordinated debt and equity 
investments in small to medium size companies across a variety of 
industries. The applicant anticipates making portfolio investments in 
various industries including, consumer products and services, 
manufacturing, industrial equipment and technology, industrial 
chemicals and materials, business products and services, distribution 
companies, health care and project financings.
    The applicant does not plan to seek financing from the SBA.
    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 Chicago, Illinois.

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

    Dated: October 20, 1995.
Don A. Christensen,
Associate Administrator for Investment.
[FR Doc. 95-26668 Filed 10-26-95; 8:45 am]
BILLING CODE 8025-01-P