The British Private Equity and Venture Capital Association, sometimes known simply as the British Venture Capital Association, or BVCA, is a trade organisation for the private equity and venture capital industry in the United Kingdom.[1] It was founded in 1983 and has more than 500 member firms, including over 230 private equity and venture capital houses, as well as institutional investors, professional advisers, service providers and international associations as members.[2] Michael Moore is the director general.[3] The Chair is elected annually by the members.[4] The organization lobbies on regulatory, tax and governmental matters that relate to private equity owned businesses in the UK.[5]
| Formation | 1983 |
|---|---|
| Legal status | Industry body |
| Purpose | Private equity and venture capital trade organisation |
| Location | |
Membership (2022) | 500 |
| Funding | Members fees |
| Website | www |
It produces reports on, among other topics, the relative rate of return on UK private equity and venture capital funds[6] and organises conferences.
Sandra Robertson, chief executive of the Oxford Endowment Fund, used a BCVA conference in 2012 to criticise private equity funds’ documents for containing “pages and pages of legal jargon”.[7]
In 2021 it hosted a discussion on the industry’s “perception problem”.[8]
In 2022 it announced that it planned to develop a practical guide for making climate-related financial disclosures.[9][10]
References
edit- ^ Hosking, Patrick. "Private equity finds riches even beyond the land of milk and honey". The Times.
- ^ Thomas, Helen (June 14, 2007). "Are we the only ones feeling sorry for the BVCA?". Financial Times.
- ^ "Finalists for first ever Growth Investor Awards revealed". Professional Adviser. 21 July 2015. Retrieved 21 July 2015.
- ^ "Side Letter: Northern Trust's PE ETF; Hong Kong's SPAC dreams; new BVCA chair". Private Equity International (magazine). April 4, 2022.
- ^ Thomas, Daniel; Wiggins, Kaye (September 25, 2020). "Private equity-owned companies win access to UK emergency funds". Financial Times.
- ^ "UK private equity outperforms pension funds". Startups (magazine). 24 June 2015. Retrieved 21 July 2015.
- ^ "University of Oxford doubles exposure to private equity". Financial Times. 19 July 2015. Retrieved 21 July 2015.
- ^ "Private equity turns to movie making in effort to repair bruised reputation". Private Equity News. 25 November 2021. Retrieved 25 May 2022.
- ^ "Corporate Law Update 06 May 2022". Lexology. 6 May 2022. Retrieved 25 May 2022.
- ^ "BVCA releases new responsible private equity guide". Environmental Finance. December 11, 2012.