A recent academic work quantifies the impact that AFFE and index exclusion has had on BDCs.  […]

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Bipartisan bill would ensure accurate disclosure to small business investors […]

WASHINGTON, D.C. (July 1, 2021) -- The 2021 BDC Roundtable is a FREE, virtual conference that will be held on Thursday, September 9 and Friday, September 10. The event is co-hosted by Eversheds Sutherland (US) LLP and the Small Business Investor Alliance, and provides an opportunity for Business Development Company (BDC) executives, fund sponsors, industry service [...]

WASHINGTON, D.C. (May 21, 2021) -- During its annual SEC Government-Business Forum on Small Business Capital Formation the SEC solicits ideas for helping small and middle market businesses raise capital. SBIA has submitted a letter to the SEC’s Small Business Capital Formation Advocate to reiterate our call for the SEC to provide a fix for the acquired fund [...]

WASHINGTON, D.C. (May 7, 2021) -- SEC Chairman Gary Gensler testified before the House Financial Services Committee in a hearing intended to examine the trading frenzy in GameStop and other stocks earlier this year. SBIA engaged Rep. Bill Huizenga (R-MI), the ranking member of the Capital Markets Subcommittee, to raise the AFFE issue during the hearing. With [...]

WASHINGTON, D.C. (April 30, 2021) -- SEC Commissioner Hester M. Peirce released remarks from the SEC Small Business Capital Formation Advisory Committee meeting. Read remarks > ###   About the Small Business Investor Alliance (SBIA) The Small Business Investor Alliance (SBIA) is the premier organization of lower middle market private equity funds and investors. SBIA works [...]

WASHINGTON, D.C. (April 19, 2021) -- During a conversation with the U.S. Chamber's Center for Capital Markets Competitiveness TV, U.S. Sen. Pat Toomey (R-PA) discussed the role of public policy in supporting capital formation for entrepreneurs and increasing investment opportunities. Watch Sen. Toomey’s segment (beginning to minute 27:00) > ###   About the Small Business Investor Alliance (SBIA) [...]

WASHINGTON, D.C. (April 20, 2021) -- Members of the Small Business Investor Alliance were privy to a candid Q&A with SEC Commissioner Hester Peirce on Tuesday, April 20. The Commissioner shared her views on agency priorities under incoming Chairman Gary Gensler as well as her thoughts on a number of issues important to private equity, including [...]