SBIA Presents Senator Pat Toomey (R-PA) with Champion of Small Business Investing Award
FOR IMMEDIATE RELEASE
Small Business Investor Alliance
WASHINGTON, D.C. (October 30, 2018) – Today, the Small Business Investor Alliance (SBIA), the leading association of lower middle market private equity funds and investors, recognized Senator Pat Toomey (R-PA) for his support of small business investment and presented him with SBIA’s Champion of Small Business Investing Award. Senator Toomey is among a group of select Members of Congress whom SBIA is honoring in recognition of their support of capital access for small businesses.
“Senator Toomey has been an incredible advocate for investment in America’s small businesses through his support of the Business Development Company (BDC) industry and his leadership on tax reform,” said SBIA President Brett Palmer. “Small business investors empower growth and job creation across the country, and the legislative work of our Small Business Champions in Congress has been instrumental to facilitating greater capital access for America’s entrepreneurs.”
Presenting the award to Senator Toomey were SBIA members Mike Gerber of FS Investments, Michael Bailey of Argosy Capital, SBIA President Brett Palmer, SBIA BDC Council Executive Director Tonnie Wybensinger, and other senior FS executives. The presentation was held at FS Investments in Philadelphia, PA.
BDCs provide critical growth capital to American small businesses to help them expand their operations and create jobs; they currently have over $3.9 billion invested in Pennsylvania 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 works on behalf of its members as a tireless advocate for policies that promote competitive markets and robust domestic investment for growing small businesses. SBIA has been playing a pivotal role in promoting the growth and vitality of the private equity industry for over 50 years. For more information, visit www.SBIA.org or call (202) 628-5055.