The Small Business Investor Alliance (SBIA) has continued to achieve record growth in its membership in 2013, marking one of the fastest years of growth since the organisation’s inception 55 years ago.
SBIA increased its total number of member firms as 56 new firms and fund groups joined, including 12 limited partners.
“We are very pleased that our membership has grown substantially over the past year, reflecting the strong support for SBIA’s efforts by our nation’s leading private capital and institutional investors,” says Brett Palmer, president of SBIA. “It’s important that we build on the momentum that we’ve achieved in the past year as we promote and highlight the incredibly important role private capital plays in driving innovation, job growth, and capital formation within America’s small business community.”
“SBIA is an outstanding advocate for its members. The team at SBIA is fantastic and has helped our business in several very tangible areas including advocacy, networking, and educational programs. We have been thrilled to be members of SBIA,” says Graham Weaver, partner at Alpine Investors IV, an SBIC headquartered in San Francisco.
New members included buyout, mezzanine, growth equity, and venture capital investment strategies, while new LP firms included banks, funds of funds, and others. SBIA is comprised of private equity, venture capital, business development companies, and their institutional investors.