Join us on October 1st at 3:00pm ET/ 12:00pm PT for our learning session, To SBA or not to SBA: Options for Fund Managers.
Are you considering the US Small Business Administration’s Small Business Investment Company (SBIC) program to raise capital for your next fund to finance your portfolio companies? If so, you must join this session to hear from Kate Price at Winston & Strawn and an expert in the SBIC approval and licensing process with the US SBA. Critically, SBIC’s receive Community Reinvestment Act (CRA) credit and open investment from CRA-motivated banks who are aligned with investing in approaches to address underserved communities and underrepresented entrepreneurs and the businesses they lead.
Furthermore, in 2023 SBA launched an equity-like capitalization tool called its Accrual Debenture product that does not require loan-like payment one quarter post-investment into a portco. It’s new and could be an opportunity to capitalize your next fund.
To secure proprietary info, we are asking for no AI bots notetakers please, let Brian Nagendra ([email protected]) know if there’s something we can do to facilitate your participation and learning.
Join us for this learning session and there’ll be opportunity for office hours time to follow the October 1st session.
About our Speaker
Kate Price concentrates her practice on representing private equity, venture capital, and private credit funds in all stages of operations, with an emphasis on fund formation and regulatory matters. She is highly regarded for the breadth of her experience with middle market fund managers and her experience in leading funds through the small business investment company (SBIC) licensure process at the Small Business Administration (SBA).
Kate advises clients through the fund formation and capital raising processes and on regulatory compliance and ongoing operational matters, particularly specializing in representing funds in the middle market and lower middle market. The breadth of her experience in this space enables her to provide broad market perspective and efficient counseling to her clients. She has extensive experience working with the SBA throughout the SBIC licensing process and currently has one of the most active SBIC practices in the country. Kate regularly counsels clients on SBIC regulatory restrictions, including representing funds making SBIC-compliant private equity and mezzanine investments in the lower middle market.