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Clear the date September 15 on your calendar!

                      CLICK HERE now to register before it's too late!

  

            Announcing An

              All-New MasterClass™ on SBICs 

                    

The Exciting New World of SBICs --

Best Practices for PE Firms

To Launch & Manage

Small Business Investment Companies

 
                           Attendance Is Limited!
                                 CLICK HERE to Register Now

CHAIRED BY

Michael W. Blackburn, Managing Partner

Petra Capital Partners LLC

 

Featuring 20 Expert Speakers Including --

  • Brent P. W. Burgess, Triangle Capital Corp.
  • David D. Buttolph, Brookside Group
  • Hugh Douglas Camitta, Pepper Hamilton LLP
  • Kristi W. Craig, Small Business Investment Company Program
  • Marc J. M. Der Kinderen, 747 Capital LLC
  • Matthew E. Dwyer, Matthews Carter & Boyce PC
  • William J. Dyer, Boathouse Capital LP
  • Vincent D. Foster, Main Street Mezzanine Fund
  • Harry Haskins, U. S. Small Business Administration
  • Matthew E. Keis, Gemini Investors LLC
  • Jerry Oldham, 1stWEST Financial Corp.
  • Brett T. Palmer, National Association of Small Business Investment
  • Edward J. Powers, BAML Capital Access Funds
  • Chris M. Royston, Patriot Capital LP
  • Michael B. Staebler, Pepper Hamilton LLP
  • John D. White, Founders Equity Inc.

Click Here to Register >>   Purchase Audio Package >>


 Visit Audio Library >>    Add to Outlook Calendar >>

 

FULL-DAY MASTERCLASS

Tuesday, September 15, 2009

8:00 am – 5:00 pm
New York City
 

SPECIAL HALF-DAY PRE-MASTERCLASS WORKSHOP (Optional)

Monday, September 14, 2009

Launching a New SBIC in 2009 -- The Basics & the Nuances

2:00 pm - 5:00 pm

New York City

EARN CLE CREDITS


Designed to Meet the Needs of GPs, LPs, & Managers of Buyout, Growth Equity,
& Mezzanine Funds, As Well as Officers & Directors of Their Portfolio Companies, Independent Sponsors, and Investment Bankers, Lenders, Industry Executives, Lawyers, & Other Advisors Who Work with Them

Faculty | Schedule | Registration | Location | Sponsorship | Audio Package |

For over half a century, the Federal Government has provided capital to middle-market investment firms, using funds loaned at favorable rates, through the Small Business Investment Company (SBIC) program.  Over the years, SBICs have provided over $55 billion of financing to more than 106,000 companies, including even well-known names such as Apple Computer, Intel, Costco, Whole Foods Market, and Federal Express.

 

While SBICs are licensed and regulated by the U.S. Small Business Administration (SBA), they are independently managed by PE investors. And with recent changes that have made the program more attractive than ever, SBIC qualification is well worth exploring for anyone wanting to expand the amount of capital available to fund their deals.

 

Until recently, SBICs generally could borrow twice their available equity capital from the SBA -- so a firm with $50MM in capital, for example, could receive an additional $100MM and thereby have $150MM to invest.  

 

But now, thanks to the Federal stimulus package (the American Recovery & Reinvestment Act of 2009), the leverage cap has been raised, so now up to $225MM can be borrowed for a family of funds.

 

In addition, investment parameters have been enhanced. The maximum amount an SBIC can invest in a single company was previously limited to 20 percent of available private capital -- the new calculation raises this to 30 percent.

 

The timing could not be better, and The Capital Roundtable is ready to guide you forward. We’re delighted to present this brand-new, up-to-the-minute MasterClass™ on The Exciting New World of SBICs on Tuesday, September 15, 2009, in New York.

 

It’s a must-attend program for everyone in the PE industry who wants to hear how establishing an SBIC can be a tremendous asset for access to capital, especially during today’s financial chaos.

 

But this event is going to be popular. Space is limited. And by signing up today to reserve your seat, you can help yourself to a $300 early bird discount!

 

20 SBIC Experts Guide You from Application through Negotiation.

 

We’re pleased to have an all-star roster of investors, advisors, and SBA administrators to take you through the SBIC landscape step by step. For a masterful perspective on the joys and pitfalls of managing an SBIC, The Capital Roundtable welcomes as our chair of this day-long session Michael W. Blackburn, managing partner of Nashville-based Petra Capital Partners. Petra has received two SBIC licenses, one in 1999 and another in 2008.  Mike has been involved in 64 high-growth private companies over the past 20 years across seven different fund structures.

 

Not only has Mike been involved with numerous small company investments, but he also serves on the board of the National Association of Small Business Investment Companies (NASBIC). As the professional association for the SBIC community and the middle and lower markets of the private equity industry, NASBIC promotes the growth capital needs of America’s small businesses.

 

To bring you expert counsel from an industry veteran, our introductory keynote speaker is Michael B. Staebler, of Pepper Hamilton, where Mike heads the country’s largest SBIC practice. He ran an SBIC for six years and has represented more than 160 licensed SBICs since 1972.

 

As well as the insights of these two industry leaders, you’ll gain valuable knowledge from four panels of experts that target key SBIC topics. Our panelists will share their real-world experiences from setting up an SBIC through enhancing their portfolio company operations.

The Welcome Mat is Out in Washington.

 

In a time of growing federal oversight and onerous proposed regulations on the private equity community, it’s good to know that the Obama Administration is actually very positive toward SBICs. The Small Business Administration, parent of the SBIC program, received substantial funding and expanded authority via the economic stimulus package to help reinvigorate American small business.

 

During this fact-filled MasterClass, you’ll hear first hand how both new and experienced GPs are benefiting from the SBIC provisions. You’ll learn how companies like yours have launched SBICs, and how they are managing their SBIC portfolio company investments. Plus you’ll discover the do’s and don’ts of establishing and maintaining compliance with regulatory matters.

 

And while there’s no denying that SBICs have regulations to assure compliance with size and risk guidelines, it’s arguably no more difficult to live with them than the new regulations soon to descend on non-SBICs. Our presenters will take a 360º look at compliance to help you understand what’s in place and what’s in the queue.

 

Whether you currently are a licensed SBIC, are considering this excellent capital option, or simply seeking higher returns on your investment commitments, you’ll want to be present so you can get important answers like these -- 

  • What is the SBIC licensing process and what steps have to be taken?
  • Does SBIC licensing affect your capability to pursue larger deals?
  • How much capital can you likely access as an SBIC?
  • How do the newly expedited SBIC rules speed the licensing process?
  • What are the guidelines for obtaining government leverage?
  • Is the Obama Administration likely to continue support for SBICs down the road?
  • Are there tax advantages that SBICs can benefit from?
  • Which types of businesses can an SBIC invest in? Are there prohibited investments to be aware of?
  • Will you have to make any changes to your staff in order to be licensed as an SBIC?
  • What are the main issues that affect the management of SBIC portfolio companies?
  • And much, much more.

 

RSVP Now While Space is Available.

 

SBICs have become a hot topic within the PE community, which is why we expect this MasterClass to fill up fast. This is content that you will not find elsewhere, and we’ve carefully structured the day so you receive a comprehensive and practical survey of SBICs that will stand you in good stead.

 

We’ve also structured the day’s agenda to include plenty of networking breaks, plus an open lunch where you can get to know your fellow attendees and our featured speakers. The connections you make at this MasterClass are sure to be just as valuable as the information you take away, so we encourage you to reserve your seat today.

 

You should attend this MasterClass if you are a --

 

  • GP who wants to take advantage of perhaps today’s most readily available source of capital.
  • LP interested in how SBICs have been enhanced to boost their potential investment return.
  • Partner or operating executive of a SBIC portfolio company who wants to be current on compliance.
  • Advisor or consultant to GPs or LPs on SBICs.
  • Attorney who advises SBICs.
  • Executive search professional recruiting for the PE industry.

 

We also encourage you to attend our afternoon pre-MasterClass Workshop the day before on Monday, September 14 --

 

Launching a New SBIC in 2009 --

The Basics & the Nuances

 

This optional workshop is ideal for attendees who are new to Small Business Investment Companies, and will go into greater detail on the specific procedures for getting started.

 

Remember, register with our Early Bird Discount by August 14, 2009 and you’ll save $300 off our standard fee! So make your reservation now while space is still available. We’ll be looking forward to greeting you.

  

For more information, please feel free to contact Heather Sote at 212/832-7333 ext. 111 or hsote@capitalroundtable.com.

 

This program is being produced by The Capital Roundtable, America’s leading conference organization focusing on “need-to-know” information for professionals in the middle-market private equity community. For more information about The Capital Roundtable’s 25 annual MasterClasses and other events and programs, please visit www.capitalroundtable.com.

The Capital Roundtable thanks Pepper Hamilton LLP, Matthews Carter & Boyce PC, and 1stWEST Financial Corp. for sponsoring this outstanding event. It’s due in great part to their support and collaboration that we have the resources to make this event so worthwhile for you.

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Faculty

Chaired By

  • Michael W. Blackburn, Managing Partner, Petra Capital Partners LLC

Hosted By

  • Burt Alimansky, Managing Partner, Alimansky & Bethell Group, and Chairman, The Capital Roundtable

Speakers

  • Brent P. W. Burgess, Chief Investment Officer, Triangle Capital Corp.
  • David D. Buttolph, Managing Director, Brookside Group
  • Hugh Douglas Camitta, Of Counsel, Pepper Hamilton LLP
  • Kristi W. Craig, Senior Investment Officer, Small Business Investment Company Program
  • Marc J. M. Der Kinderen, Managing Partner, 747 Capital LLC
  • Matthew E. Dwyer, Mgr.--SBIC Practice, Matthews Carter & Boyce PC
  • William J. Dyer, Partner, Boathouse Capital LP
  • Vincent D. Foster, Senior Managing Director, Main Street Mezzanine Fund

  • Harry Haskins, Acting Associate Administrator, U. S. Small Business Administration
  • Matthew E. Keis, Managing Director, Gemini Investors LLC
  • Jerry Oldham, Chairman & CEO, 1stWEST Financial Corp.
  • Brett T. Palmer, President, National Association of Small Business Investment
  • Chris M. Royston, Managing Partner, Patriot Capital LP
  • Edward J. Powers, Managing Director, BAML Capital Access Funds
  • Michael B. Staebler, Partner, Pepper Hamilton LLP
  • John D. White, Managing Member, Founders Equity Inc.
  • Additional Speakers to be Announced

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Schedule

Workshop
01:30 - 02:00
02:00 - 05:00

MasterClass

07:30 - 08:15
08:15 - 08:45
08:45 - 09:45

09:45 - 10:30


10:30 - 11:00

11:00 - 12:00



12:00 - 01:00

01:00 - 01:30
01:30 - 02:30




02:30 - 03:30



03:30 - 03:45
03:45 - 04:45



05:00

  

Monday, September 14, 2009
Registration & Networking

“Launching a New SBIC in 2009 --The Basics & the Nuances"


Tuesday, September 15, 2009

Registration, Networking, & Continental Breakfast
Welcoming Remarks & Audience Introductions
Introductory Keynote --Top Key Issues & Trends Facing SBICs,

& Their Implications for Middle-Market PE Dealmaking

Chairman’s Keynote -- Voice of Experience -- Pros & Cons of Managing

an SBIC in 2009

Coffee & Networking Break

First Panel -- “Four Experienced GPs & LPs Report Lessons They Learned in Licensing, Launching & Funding SBICs” (This panel features two GPs & two LPs from five SBICs of different sizes & strategies.)

Luncheon & Networking

Afternoon Keynote

Second Panel -- "What Existing SBICs & New Applicants Might Expect from the Obama Administration -- Feedback from the Beltway” (This panel features two senior administrators from the SBA, &  two lobbyists from industry associations.)

Third Panel -- “Dealing with Regulatory & Compliance Issues -- Four Professional Service Advisors Report What They’re Telling Their SBIC Clients” (This panel features a lawyer, a fund operations consultant,

a fund CFO, & a portfolio valuation specialist.)

Coffee & Networking Break

Fourth Panel -- “Negotiating Deals & Enhancing Portfolio Companies -- Unique Issues of Building & Managing an SBIC Portfolio (This panel features SBIC GPs from four SBICs of different sizes & strategies.)

Adjournment

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Registration

  • Early Bird Registration Fee -- and save $300 off the standard fee! Register by Friday, August 14, and the fee for the MasterClass is $1095 -- or $1395 for both the MasterClass & Workshop.
  • Premiere Registration Fee -- and save $200 off the standard fee! Register by Friday, August 28, and the fee for the MasterClass is $1195 -- or $1495 for both the MasterClass and Workshop.
  • After that, the standard registration fee is $1395 for the MasterClass -- or $1695 for both the MasterClass & Workshop.
  • At the door, if space is available, the fee is $1495 for the MasterClass -- or $1795 for both the MasterClass & Workshop.
  • Special group rates -- The Capital Roundtable offers a special 25% discount for 2 or more people.  For more info, please contact Samantha Feldman sfeldman@capitalroundtable.com or 212/832-7333 ext 112.

 

Click Here to Register >>    Purchase Audio Package >>

 

 Visit Audio Library >>    Add to Outlook Calendar >>


You can pay by credit card (using the links above) or by check. Mail your check and business card to: New York Business Roundtable Inc., 12 East 44 Street, Penthouse, New York, NY 10017.

If the program is oversubscribed, we will notify you immediately and not charge your credit card.  (If you need to cancel, please do so by Tuesday, September 8, at 5:00pm, and we will credit you for a future MasterClass.)


From time to time, for reasons beyond Capital Roundtable's control, program schedules and speakers become subject to change.  We make every effort to announce substantive changes by email to registrants at least 48 hours in advance.

Have a special question?  Please contact Samantha Feldman at 212/832-7333 ext.112 or by email at sfeldman@capitalroundtable.com.

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Location

Full-day MasterClass -- Tuesday, September 15

American Management Association

(Executive Conference Center)

1601 Broadway (at 48th Street)

New York, NY 10019

 

Pre-Conference Workshop -- Monday, September 14

Union League Club

38 East 37th Street

New York, NY 10016

 

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Audio Package

Can't attend but want to hear the program? You can buy the audio package along with the handouts. Purchase the audio package online now.

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CLE Credits

CLE credits are available for this program.


Sponsorship

The Capital Roundtable offers excellent marketing and business development opportunities to reach the middle-market private-equity community . For more details, please contact Kim Racciato at 212/832-7333 ext. 106 or by email at kracciato@capitalroundtable.com.

 

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