It’s a little-known fact, but the federal government is the largest single investor in U.S. private equity funds. At the end of FY 2003, SBA had close to $5.5 billion invested in 435 funds, plus another $3.7 billion in available commitments. Together with private capital topping $12 billion, the program totals over $21 billion in private equity capital dedicated to America’s entrepreneurs.
What is the current size of the SBIC program?
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