Updates from the world of investing for growth.

12 04, 2021

SEC Review of ESG Investing

2021-05-28T09:19:10+00:00 April 12th, 2021|News|

WASHINGTON, D.C. (April 12, 2021) -- The SEC’s Division of Examinations has released a risk alert regarding the offering of environmental, social and governance (ESG) products by investment advisers, registered investment companies, and private funds. The alert acknowledged increased demand from investors for products that incorporate ESG criteria; however, it noted that SEC staff has observed deficiencies [...]

9 04, 2021

2021 Global Private Equity Report

2021-04-28T14:00:57+00:00 April 9th, 2021|News|

WASHINGTON, D.C. (April 9, 2021) -- The 2021 Global Private Equity Report by Bain & Company looks at trends that are changing the PE landscape, including ESG/sustainability, virtual selling, and SPACs. The report examines the 2020 disruption and what it means for the future. Download the report > See more Bain & Co insights > ###   [...]

9 04, 2021

RSM Middle Market Business Index, March 2021

2021-04-28T14:01:16+00:00 April 9th, 2021|News|

WASHINGTON, D.C. (April 9, 2021) -- Based on RSM's latest data, policymakers, investors and chief executive officers should prepare for an economic boom as the real economy recovers and enters expansion this year. Read the Middle Market Business Index: March 2021 > ###   About the Small Business Investor Alliance (SBIA) The Small Business Investor Alliance [...]

25 03, 2021

Hearing Recap: Private Equity in Health Care

2021-04-28T14:01:31+00:00 March 25th, 2021|News|

WASHINGTON, D.C. (March 25, 2021) -- During the House Ways and Means Oversight Subcommittee hearing, “Examining Private Equity’s Expanded Role in the U.S. Health Care System”, Subcommittee Chair Bill Pascrell (D-NJ) called for increased transparency around private equity ownership. Republicans voiced support for a bipartisan investigation of COVID-19 nursing home deaths. Witnesses stated private equity ownership of nursing homes [...]

19 03, 2021

House Hearing on D&I

2021-04-28T14:01:48+00:00 March 19th, 2021|News|

WASHINGTON, D.C. (March 19, 2021) -- The House Financial Services Subcommittee on Diversity and Inclusion held a hearing entitled “By the Numbers: How Diversity Data Can Measure Commitment to Diversity, Equity and Inclusion” to discuss efforts to improve diversity and inclusion (DNI) within the financial services sector. Read more > ###   About the Small Business [...]

19 03, 2021

Congress Seeks Diversity Data

2021-04-28T14:02:08+00:00 March 19th, 2021|News|

WASHINGTON, D.C. (March 19, 2021) -- U.S. Rep. Maxine Waters (D-CA), Chair of the House Committee on Financial Services, and U.S. Rep. Joyce Beatty (D-OH), Chair of the Financial Services Subcommittee on Diversity and Inclusion, sent requests to 31 of the country's largest investment firms asking for their diversity and inclusion data and policies. See the list of firms [...]

15 03, 2021

SEC Commissioner’s Speech: Mind the (Data) Gaps

2021-05-28T09:21:13+00:00 March 15th, 2021|News|

WASHINGTON, D.C. (March 15, 2021) -- On Friday, March 14, SEC Commissioner Carolyn A. Crenshaw gave a keynote address at the 8th Annual Conference on Financial Market Regulation (CFMR) where she singled out information regarding private markets and the “lack of good data” on private issuers and offerings. Read her speech > ###   About the [...]

11 03, 2021

President Biden Signs COVID-19 Relief Bill

2021-04-28T14:05:22+00:00 March 11th, 2021|News|

WASHINGTON, D.C. (March 11, 2021) -- On Thursday, March 11, the President signed into law the “American Rescue Plan Act of 2021,” which provides additional relief to address the continued impact of the COVID-19 pandemic on the economy, public health, State and local governments, individuals, and businesses. Axios: Biden signs $1.9 trillion COVID relief bill ###   [...]

5 03, 2021

“No-Action” Enforcement Relief Extension for Co-investment Transactions

2021-04-28T14:10:15+00:00 March 5th, 2021|Featured, News|

WASHINGTON, D.C. (March 5, 2021) -- The Securities and Exchange Commission (SEC) has updated some of the targeted COVID-relief measures it put in place last spring. Of particular note is an extension of the “no-action” enforcement relief for co-investment transactions through March 31, 2022. SBIA will continue to push the SEC to permanently allow BDCs to engage in co-investment transactions. The SEC [...]

5 03, 2021

Final SEC Investment Adviser Marketing Rule

2021-04-28T13:03:23+00:00 March 5th, 2021|News|

WASHINGTON, D.C. (March 5, 2021) -- The Securities and Exchange Commission’s final rule for investment adviser marketing was published March 5 and goes into effect in 60 days. Investment advisers must come into compliance within 18 months of the effective date. SBIA submitted a letter on the rule in February 2020 and the final rule incorporates a number of SBIA’s suggested [...]