SBIA Announces Annual BDC Roundtable, 220 Senior Executives and Industry Professionals Expected to Attend Key Private Equity Event

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WASHINGTON--(BUSINESS WIRE)--The Small Business Investor Alliance (SBIA), the leading association for lower middle market private equity funds and investors, today announced that is co-hosting the 11th annual Business Development Company (BDC) Roundtable scheduled on September 11, 2013, at the Ronald Reagan Building and International Trade Center in Washington D.C.

“One of the goals of my subcommittee is to clean out unnecessary government regulation. Unfortunately, despite the good intentions of the politicians and regulators that mandate them, these regulations often do nothing more than stand in the way of making capital available to small and medium sized businesses”

Co-hosted by Sutherland Asbill & Brennan LLP, the leading law firm serving BDCs, the 2013 BDC Roundtable will provide its participants with the latest legislative, regulatory, and market updates for this important source of capital for middle market businesses.

“It is more important than ever for investing professionals to understand the public policy trends that affect their businesses. Smart investors know that they need to not only pay attention to developing trends, but they also need to inform policymakers about the issues most important to them and their ability to invest,” said Brett Palmer, President of the SBIA.

The BDC Roundtable will address the latest regulatory developments at the Securities & Exchange Commission (SEC) and a wide range of additional topics pertaining to BDCs including: compliance; trends in debt financing; accounting treatment matters; SBICs; and portfolio valuation.

Congressman Scott Garrett (New Jersey-5), Chairman of the House Financial Services Committee Subcommittee on Capital Markets and Government Sponsored Enterprises (GSEs), will be greeted at the BDC Conference and will speak about the importance of reducing regulatory barriers to capital formation for BDCs.

“One of the goals of my subcommittee is to clean out unnecessary government regulation. Unfortunately, despite the good intentions of the politicians and regulators that mandate them, these regulations often do nothing more than stand in the way of making capital available to small and medium sized businesses,” said Congressman Garrett. “My subcommittee has already held hearings relating to burdensome government regulation, and I am looking forward to continuing to talk with BDC executives to hear about what more can be done. Modernizing BDC regulations is something we must achieve in the near future, and I look forward to helping make modernization a reality.”

BDCs are publicly traded, closed-end investment companies that were created by Congress in 1980 to provide small, growing U.S. companies with greater access to debt and equity capital. Over the last 18 months publicly-traded BDCs have raised approximately $8.5 billion in equity and debt financing, creating an important source of capital for lower middle market businesses that cannot access traditional bank financing or stock markets for funding.

The SBIA has been playing a pivotal role in promoting the growth and vitality of the private equity industry for more than 50 years. SBIA works on behalf of its members as a tireless advocate for policies that promote competitive markets and robust domestic investment for growing of small businesses.

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 members provide vital capital to small businesses nationwide, resulting in economic growth and job creation. SBIA has been playing a pivotal role in promoting the growth and vitality of the private equity industry for more than 50 years. For more information, visit www.sbia.org or call 202-628-5055.