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What is the role of the Private Investor in the SBIC?
Expert Answer
Private investors will only have limited partnership in SBIC .At some point they will have to close it . SBIC makes it clear tothese investors by it’s laws that their partnership will only belimited and they will have to attend meetings when required.Investors who have more than 30 percent shares need to submitthemselves for background check. They are divided intoinstitutional investors and non-institutional investors.Institutional investors consists of entities such as banks.