Recorded: September 27, 2012
Length: 60 Minutes
In this 60 minute webinar participants will learn about:
- SBICs and how they work
- The benefits to banks
- How to invest in SBICs
- How one bank decided to invest in SBICs
It will help you:
- Determine if investing in SBICs is right for your bank
- Learn about key risks and regulatory considerations
- Learn about Community Bank Reinvestment Act consideration for SBIC investments
Harry Haskins is the Deputy Associate Administrator for Investment at the U.S. Small Business Administration. In that capacity Mr. Haskins serves as the senior career manager for the Small Business Investment Company, New Markets Venture Capital and Rural Business Investment Company programs. He oversees approximately 300 private equity funds with $17 billion in private and public capital under management.
Barry Wides is the Office of the Comptroller of the Currency's (OCC) Deputy Comptroller for Community Affairs, where he leads a department of community development professionals located in Washington, D.C., and the OCC districts.
The Community Affairs staff is responsible for outreach to banks and their community partners, the administration of the "Part 24" public welfare investment authority, the development of policy, and the creation and distribution of educational materials on community development issues.
1 CPE Credit
Program Level: Basic-Intermediate