Jenner & Block

Firm’s SBIC Practice Thrives, Forming Nine of 21 Funds Licensed in Fiscal 2016

Jenner & Block’s Investment Funds and SBIC Practice enjoyed a robust 2016 fiscal year, which ended in September.  The Small Business Administration (SBA), which licenses privately owned Small Business Investment Companies (SBICs), recently released its annual report on SBIC activity.  According to the SBA, it licensed a total of 21 SBICs with an aggregate of $1.188 billion in private capital from investors in the 2016 fiscal year.   The firm created nine of those funds.  The practice is led by Partner Alan B. Roth.  Others on the team include Partner Christopher J. Douglass; Special Counsel Kate L. Price; and Associates Hannah K. Costigan Cowles, Breanne K. Long, Erica E. Smith and Ryan S. McNish.  Others who provided invaluable assistance included Partners Geoffrey M. Davis and Olga A. Loy and Associates Rafi W. Mottahedeh and Anna B. Sutti.