Key Takeaways
- • Enlightenment Capital, a Chevy Chase, Maryland aerospace and defense investor, is seeking $130 million for its second SBIC fund, according to the Washington Business Journal.
- • The fundraise comes as the U.S. Small Business Administration considers regulatory changes that could expand the number of companies qualifying as small businesses.
- • The sourced material provides limited detail beyond the headline, so the target size and fund structure are the key reported facts.
Summary
The fundraising effort coincides with SBA deliberations on regulatory changes that could broaden the universe of companies eligible as small businesses. A change of that kind would affect the pool of potential portfolio companies available to SBIC-licensed funds, though the reporting available does not detail the proposed rule changes or their timing.
The firm is based in Chevy Chase, Maryland. Beyond the target amount and the SBA context, the available material does not disclose fund close timing, committed capital to date, or the identities of anchor investors.
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