On November 17, 2022, the U.S. Small Business Administration (SBA) published an interim final rule in the Federal Register to make certain inflationary adjustments for the alternative size standards under the Small Business Investment Company (SBIC) program. The interim final rule became effective on December 19, 2022, but the SBA will accept public comments until
Bryan Bylica is an investment funds lawyer that counsels private equity funds, SBIC funds, RBIC funds, hedge funds, venture capital funds and other similar investment vehicles in all stages of their life cycle including formation, capitalization, SBIC and RBIC licensing, investing, and winding up. He is one of only a handful of lawyers nationwide that represents SBIC and RBIC funds throughout the licensing process and in post-licensing regulatory and compliance matters. He regularly works with new and emerging managers to form and structure the general partner and manager and works with clients to implement appropriate governance and regulatory compliance infrastructure.