<ARTICLE> 5
<MULTIPLIER> 1,000
       
                                                  
<PERIOD-TYPE>                   3-MOS                   6-MOS
<FISCAL-YEAR-END>                          DEC-31-1997             DEC-31-1997
<PERIOD-START>                             JUL-01-1997             JAN-01-1997
<PERIOD-END>                               SEP-30-1997             JUN-30-1997
<CASH>                                           2,705                   2,705
<SECURITIES>                                     9,537                   9,537
<RECEIVABLES>                                  222,868                 222,868
<ALLOWANCES>                                         0                       0
<INVENTORY>                                          0                       0
<CURRENT-ASSETS>                               235,110                 235,110
<PP&E>                                          12,967                  12,967
<DEPRECIATION>                                   (348)                   (348)
<TOTAL-ASSETS>                                 247,729                 247,729
<CURRENT-LIABILITIES>                          210,929                 210,929
<BONDS>                                              0                       0
<PREFERRED-MANDATORY>                                0                       0
<PREFERRED>                                          0                       0
<COMMON>                                             0                       0
<OTHER-SE>                                      36,800                  36,800
<TOTAL-LIABILITY-AND-EQUITY>                   247,729                 247,729
<SALES>                                         22,742                  45,298
<TOTAL-REVENUES>                                22,742                  45,298
<CGS>                                                0                       0
<TOTAL-COSTS>                                        0                       0
<OTHER-EXPENSES>                                 8,040                  16,633
<LOSS-PROVISION>                                     0                       0
<INTEREST-EXPENSE>                                   0                       0
<INCOME-PRETAX>                                 14,702                  28,665
<INCOME-TAX>                                         0                       0
<INCOME-CONTINUING>                             14,702                  28,665
<DISCONTINUED>                                       0                       0
<EXTRAORDINARY>                                      0                       0
<CHANGES>                                            0                       0
<NET-INCOME>                                    14,702                  28,665
<EPS-PRIMARY>                                        0                       0
<EPS-DILUTED>                                        0                       0