The British Private Equity and Venture Capital Association (BVCA) is a trade organization that represents the private equity and venture capital industry in the United Kingdom.
Established in 1983, the BVCA has been the voice of private capital in the UK for over four decades.
It aims to support its members in helping companies grow and achieve their long-term ambitions, creating value for the country both economically and socially.
The BVCA represents over 300 member firms, including venture capital and private equity firms, institutional investors, and professional advisers.
Its members collectively manage over £500 billion in assets and have invested in more than 30,000 companies in the UK.
The BVCA provides a platform for its members to network, share best practices, and collaborate on initiatives that benefit the industry as a whole.
Key Takeaways
- The BVCA is a trade organization that represents the private equity and venture capital industry in the UK.
- It aims to support its members in helping companies grow and achieve their long-term ambitions, creating value for the country both economically and socially.
- The BVCA represents over 300 member firms, including venture capital and private equity firms, institutional investors, and professional advisers.
Overview of BVCA
The British Private Equity & Venture Capital Association (BVCA) is the industry body for the UK private equity and venture capital industry.
It was founded in 1983 and has been the voice of private capital in the UK for over four decades. The BVCA represents over 300 private equity and venture capital firms, including institutional investors, advisors, and service providers.
The BVCA’s mission is to support its members to help companies grow and achieve their long-term ambitions, creating value for the country both economically and socially.
The association works to promote the industry and its benefits to the wider public, policymakers, and regulators.
The BVCA is headquartered in London, England, and its registered office is located at 10 New Street Square, London, EC4A 3BF.
The company number is 01697461. The BVCA is governed by a board of directors, elected by its members. The association’s CEO is responsible for the day-to-day management of the organization.
The BVCA provides a range of services and support to its members, including industry research and analysis, networking opportunities, training and development programs, and advocacy on behalf of the industry. The association also works to promote best practices and high standards of governance and transparency among its members.
The BVCA’s headquarters are located in Chancery Lane, London, in the heart of the city’s legal district.
The association is committed to promoting diversity and inclusion within the industry and works to ensure that its membership reflects the diversity of the UK population.
Overall, the BVCA is a leading industry body that plays a vital role in promoting and supporting the UK private equity and venture capital industry.
Its members are responsible for providing vital funding and support to businesses across the country, helping to drive economic growth and create jobs.
Role and Importance of BVCA
The British Private Equity & Venture Capital Association (BVCA) is the voice of private capital in the UK. The BVCA is an industry body and public policy advocate for the private equity and venture capital industry in the UK.
The BVCA’s role is to promote the interests of its members and the industry as a whole, and to provide a forum for discussion and debate on issues affecting private equity and venture capital in the UK.
Private equity and venture capital are important sources of capital for businesses in the UK. Private equity firms invest in established companies, while venture capital firms invest in start-ups and early-stage companies.
The BVCA’s members include private equity and venture capital firms, as well as their partners and advisors.
The BVCA plays an important role in promoting the growth and development of private equity and venture capital in the UK. The BVCA provides a range of services to its members, including research, training, and networking opportunities.
The BVCA also works closely with policymakers and regulators to ensure that the interests of its members are represented in the development of new policies and regulations.
Private equity and venture capital are important drivers of innovation and growth in the UK. Private equity and venture capital firms provide the capital that businesses need to grow and expand, and they also provide expertise and support to help businesses achieve their goals.
Private equity and venture capital firms also play an important role in supporting the wider economy by creating jobs and supporting local communities.
In summary, the BVCA plays a critical role in promoting the growth and development of private equity and venture capital in the UK. Private equity and venture capital are important sources of capital for businesses in the UK, and they play an important role in driving innovation and growth.
The BVCA’s work is essential in ensuring that the interests of its members are represented in the development of new policies and regulations, and in promoting the benefits of private equity and venture capital to the wider economy.
Membership in BVCA
The British Private Equity & Venture Capital Association (BVCA) is a community of private capital investors, service providers, and professional advisers who are committed to promoting and developing the UK’s private equity and venture capital industry.
Membership in BVCA is open to institutional investors, fund managers, and other professionals who are interested in the industry.
BVCA membership provides a range of benefits, including access to the latest policy and technical updates, preferential rates to events and training, and comprehensive access to all information on the website and membership directory that is restricted to non-BVCA members.
Members also have the opportunity to engage with other members and industry experts through BVCA’s various events and networking opportunities.
Investors who are interested in private equity and venture capital can benefit from BVCA membership by gaining access to a network of industry professionals and resources.
They can also learn about the latest trends and developments in the industry and receive guidance on investment opportunities.
Service providers and professional advisers can also benefit from BVCA membership by gaining access to a network of potential clients and partners.
They can also stay up-to-date with the latest industry news and trends, which can help them provide better services to their clients.
BVCA values feedback from its members and encourages them to provide input on the association’s activities and initiatives.
Members can also get involved in BVCA’s various committees and working groups to help shape the future of the industry.
Overall, membership in BVCA is a valuable asset for anyone who is interested in private equity and venture capital. It provides access to a wealth of resources and networking opportunities that can help members grow and succeed in the industry.
Investment Activities of BVCA
The British Private Equity and Venture Capital Association (BVCA) is a non-profit organization that represents the private equity and venture capital industry in the United Kingdom.
The BVCA’s annual report on investment activity provides insights into the investment trends of its members.
According to the BVCA’s report on investment activity in 2022, UK-managed funds raised £70.2bn to be invested globally.
Private capital investment in UK businesses reached £27.5bn, and private capital investors supported almost 1,600 UK businesses across the United Kingdom. The report also shows that the industry has been investing in a diverse range of sectors, including technology, healthcare, and consumer goods.
The BVCA report on investment activity in 2021 shows that its members invested £31.7bn in UK businesses, which is a 12% increase from the previous year.
The report also highlights that the industry has been investing in businesses at various stages of growth, including early-stage, growth, and buyout.
Endless LLP is one of the members of the BVCA, and it has been actively investing in UK businesses.
Endless LLP is a private equity firm that specializes in turnaround and distressed investments. In 2022, Endless LLP invested in a range of businesses, including a furniture manufacturer, a retail chain, and a food packaging company.
MMC Ventures is another member of the BVCA, and it has been investing in early-stage technology businesses. In 2022, MMC Ventures invested in a number of businesses, including a virtual events platform, a healthtech company, and a software development firm.
The BVCA’s report on investment activity provides valuable insights into the investment trends of the private equity and venture capital industry in the United Kingdom. The report shows that the industry has been investing in a diverse range of sectors and businesses at various stages of growth.
Conferences and Events
The BVCA hosts an extensive calendar of events catering to the needs of all audiences involved in the private equity and venture capital industry. These events offer a platform for networking, sharing industry insights, and discussing the latest trends and strategies shaping private capital.
One of the most significant events hosted by the BVCA is the annual BVCA Summit. The Summit brings together over 400 companies in attendance and features two days of premium content, insights, and discussions from London.
The event offers over 10 hours of in-person networking opportunities with senior business leaders. The 2023 BVCA Summit will celebrate 40 years of the BVCA and look to the future to explore the strategies and trends shaping private capital.
In addition to the Summit, the BVCA also hosts various other conferences and events throughout the year.
These events cover a wide range of topics and themes, including fundraising, investment, and regulatory issues. Some of the notable conferences hosted by the BVCA include:
- BVCA Women in Private Equity Forum: This forum is dedicated to supporting women in the industry and promoting diversity and inclusion. The event features keynote speakers, panel discussions, and networking opportunities.
- BVCA Annual Dinner: The BVCA Annual Dinner is a prestigious event that brings together the most influential players in the industry. The event features a keynote speaker, awards ceremony, and a three-course dinner.
- BVCA LP/GP Networking Day: This event is designed to bring together limited partners and general partners for networking and learning opportunities. The event features keynote speakers, panel discussions, and one-on-one meetings.
The BVCA also offers a range of training and development courses, workshops, and seminars throughout the year. These events cover various topics, including due diligence, valuation, and ESG considerations.
Overall, the BVCA’s events offer an excellent platform for industry professionals to network, share knowledge, and stay up-to-date with the latest trends and strategies shaping private capital.
BVCA Research and Case Studies
The BVCA conducts extensive research to provide insights into the private equity and venture capital industry in the UK.
The BVCA’s Investment Activity Study is a detailed and comprehensive survey of the industry’s activity, covering fundraising, business investments, and business exits.
The study is conducted annually and results in the BVCA Report on Investment Activity.
This report is a valuable resource for investors, policymakers, and industry professionals.
The BVCA also produces a range of other research reports, including sector-specific reports and regional fact sheets.
For example, the North West Factsheet revealed that private equity and venture capital firms invested £904m into businesses across the North West in 2022. This investment directly supports 188,000 jobs across the region, equivalent to 9% of total UK jobs backed by private capital and a 10% increase since 2021.
The BVCA also publishes case studies that highlight the impact of private equity and venture capital investment on businesses throughout the UK.
These case studies demonstrate how private capital invests and supports businesses, driving economic growth and fostering innovation across all sectors. Some of the best examples of how the industry works in the real world are featured on the BVCA’s website.
Performance measurement is a critical aspect of the private equity and venture capital industry, and the BVCA provides guidance on how to measure and evaluate investment performance.
The BVCA’s Performance Measurement and Benchmarking Survey is a comprehensive survey of the industry’s performance measurement practices.
The survey results in the BVCA’s Performance Measurement and Benchmarking Report, which provides guidance on best practices for measuring and evaluating investment performance.
Overall, the BVCA’s research and case studies provide valuable insights into the private equity and venture capital industry in the UK.
The BVCA’s Investment Activity Study, sector-specific reports, regional fact sheets, case studies, and performance measurement guidance are essential resources for investors, policymakers, and industry professionals.
Regulatory and Government Relations
The British Private Equity and Venture Capital Association (BVCA) has a Regulatory Committee that works to ensure that its members are aware of regulatory developments that may affect their business.
The committee is made up of BVCA members who are experts in regulatory affairs and who work closely with government and regulatory bodies to ensure that the interests of the private equity and venture capital industry are represented.
The BVCA believes that the regulation of the private equity and venture capital industry should be proportionate and risk-based.
It has been actively involved in discussions with the UK government and regulatory bodies on issues such as the Alternative Investment Fund Managers Directive (AIFMD), which regulates the marketing and management of alternative investment funds in the European Union.
The BVCA has also engaged with Members of Parliament (MPs) on issues relating to private equity and venture capital. In 2011, Michael Moore, then Financial Secretary to the Treasury, spoke at the BVCA Annual Summit, where he praised the industry for its contribution to the UK economy and emphasized the importance of maintaining a positive regulatory environment for private equity and venture capital.
The BVCA’s Regulatory Committee has also produced a number of guidance documents for its members, including guidance on the AIFMD, the Bribery Act, and the Criminal Finances Act. The BVCA also provides training courses on legal and regulatory issues for its members.
Overall, the BVCA is committed to maintaining a positive regulatory environment for the private equity and venture capital industry in the UK.
Its Regulatory Committee works closely with government and regulatory bodies to ensure that the interests of the industry are represented, and it provides guidance and training to its members to ensure that they are aware of regulatory developments that may affect their business.
Environmental, Social, and Governance (ESG) Factors
The British Private Equity and Venture Capital Association (BVCA) recognizes the importance of Environmental, Social, and Governance (ESG) factors in investment decisions. Private equity and venture capital firms are committed to responsible investing and are focused on measuring, managing, and responding to the ESG risks and opportunities attached to their portfolio companies.
According to a BVCA report, “Creating Sustainable Growth: Private Capital at Work,” sustainability issues, especially climate change, biodiversity loss, and diversity, are now at the top of the global political agenda. The report demonstrates how BVCA members can help to build sustainable businesses fit for the future.
Investors are increasingly evaluating companies’ compliance with ESG as a way to decide which businesses they want to invest in.
ESG factors are critical business issues for public and private companies alike. Understanding and incorporating material ESG factors as early as possible enables more informed and strategic business decisions.
The BVCA has also published a guide on ESG and responsible investment, emphasizing the importance of ESG integration in private equity and venture capital investment processes.
The guide provides practical advice on how to assess, manage, and report on ESG factors in portfolio companies.
In conclusion, the BVCA recognizes the importance of ESG factors in investment decisions and is committed to responsible investing. Private equity and venture capital firms are focused on measuring, managing, and responding to the ESG risks and opportunities attached to their portfolio companies. Understanding and incorporating material ESG factors as early as possible enables more informed and strategic business decisions.
International Associations and Partnerships
The British Private Equity and Venture Capital Association (BVCA) is a member of several international associations and partnerships.
These partnerships help the BVCA to collaborate with other industry associations and organizations across the globe, share best practices, and promote the growth of the private equity and venture capital industry.
One of the key international associations that the BVCA is a member of is the European Private Equity and Venture Capital Association (EVCA).
The EVCA is a pan-European association that represents the private equity and venture capital industry in Europe. The BVCA works closely with the EVCA to promote the interests of the industry and to share knowledge and best practices.
The BVCA is also a member of the Global Private Equity and Venture Capital Association (GPEVCA). The GPEVCA is a global association that represents the private equity and venture capital industry worldwide.
The BVCA works with the GPEVCA to promote the industry and to collaborate with other industry associations around the world.
In addition to these associations, the BVCA has partnerships with several organizations across the globe. For example, the BVCA has a partnership with the National Venture Capital Association (NVCA) in the United States. The NVCA is a trade association that represents the venture capital industry in the US. The BVCA works with the NVCA to promote the interests of the industry and to share knowledge and best practices.
The BVCA also has partnerships with several organizations in Asia, including the Asia Pacific Private Equity and Venture Capital Association (APPEA). The APPEA is a regional association that represents the private equity and venture capital industry in Asia. The BVCA works with the APPEA to promote the industry and to collaborate with other industry associations in Asia.
Overall, the BVCA’s partnerships with international associations and organizations help to promote the growth of the private equity and venture capital industry worldwide. These partnerships allow the BVCA to collaborate with other industry associations around the globe and to share knowledge and best practices, ultimately benefiting the industry as a whole.
Company’s Filing History and Charges
The British Private Equity and Venture Capital Association (BVCA) has a comprehensive filing history that is available for public access on the Companies House website. The filing history provides a detailed and transparent account of the company’s financial and legal activities over the years.
The filing history for BVCA includes information on the company’s annual returns, accounts, and other relevant documents. It also includes details of any changes to the company’s officers, registered address, and charges. The filing history is a valuable resource for investors, stakeholders, and anyone interested in the company’s financial health.
In addition to the filing history, BVCA’s charges are also publicly available on the Companies House website. Charges refer to any security or collateral that the company has provided for a loan or other financial obligation. The charges register provides information on the type of charge, the amount secured, and the date it was created.
BVCA’s charges register is an important resource for anyone interested in the company’s financial obligations. It provides a clear picture of the company’s financial health and its ability to meet its obligations. Investors and stakeholders can use this information to make informed decisions about their investments and business relationships with BVCA.
Overall, BVCA’s filing history and charges provide a comprehensive and transparent picture of the company’s financial and legal activities. The information is publicly available and is a valuable resource for investors, stakeholders, and anyone interested in the company’s financial health.
Key Personnel in BVCA
The British Private Equity & Venture Capital Association (BVCA) is led by a team of experienced professionals who are responsible for the organization’s strategic direction and day-to-day operations. The BVCA executive team is composed of the following key personnel:
Michael Moore, Chief Executive
Michael Moore is the Chief Executive of the BVCA. He has extensive experience in the financial services industry and has held senior positions in both the public and private sectors. Prior to joining the BVCA, he served as the Director General of the Association of British Insurers. Michael is responsible for setting the strategic direction of the BVCA and ensuring that the organization delivers value to its members.
Leon de Bono, Managing Director
Leon de Bono is the Managing Director of the BVCA. He has over 20 years of experience in the private equity industry and has worked in a variety of roles, including as a partner at a leading private equity firm. Leon is responsible for the day-to-day operations of the BVCA, including managing the organization’s staff and overseeing its various activities.
Jayne Mould, Chief Operating Officer
Jayne Mould is the Chief Operating Officer of the BVCA. She has over 25 years of experience in the financial services industry and has held senior positions in a number of organizations. Jayne is responsible for the BVCA’s financial management and for ensuring that the organization’s operations run smoothly.
Amy Abbott, Director of Events
Amy Abbott is the Director of Events at the BVCA. She has over 15 years of experience in event management and has worked in a variety of roles, including as an events manager at a leading financial services firm. Amy is responsible for organizing the BVCA’s various events, including its annual conference and other networking events.
Sarah Adams, Director of Policy
Sarah Adams is the Director of Policy at the BVCA. She has over 10 years of experience in public policy and has worked in a variety of roles, including as a policy advisor to a UK government minister. Sarah is responsible for developing the BVCA’s policy positions and for representing the organization’s interests to policymakers.
Isobel Clarke, Director of Policy
Isobel Clarke is also the Director of Policy at the BVCA. She has extensive experience in public policy and has held senior positions in a number of organizations. Isobel works closely with Sarah Adams to develop the BVCA’s policy positions and to represent the organization’s interests to policymakers.
Overall, the BVCA’s executive team is composed of experienced professionals who are committed to advancing the interests of the private equity and venture capital industry in the UK.
Frequently Asked Questions
What is the British Private Equity and Venture Capital Association?
The British Private Equity and Venture Capital Association (BVCA) is the industry body and public policy advocate for the private equity and venture capital industry in the UK. It represents over 600 member firms, including venture capital firms, private equity firms, and institutional investors. The BVCA aims to promote the industry’s role in the economy and to provide a forum for its members to share knowledge and best practices.
What are the top private equity firms in the UK?
The top private equity firms in the UK include Apax Partners, CVC Capital Partners, and Permira. These firms have a long history of successful investments in a variety of sectors, including healthcare, technology, and consumer goods. However, there are many other private equity firms in the UK that are also successful and have a strong track record of investing in innovative companies.
What is the role of the BVCA in the private equity industry?
The BVCA plays a significant role in the private equity industry in the UK. It provides a platform for its members to network, share knowledge, and collaborate on deals. The BVCA also works closely with policymakers to promote the industry’s role in the economy and to ensure that the regulatory environment is conducive to growth and innovation. Additionally, the BVCA conducts research into the industry, produces publications, and provides training and education to its members.
What is the difference between private equity and venture capital?
Private equity and venture capital are both forms of investment in private companies, but they differ in their focus and investment strategy. Private equity firms typically invest in mature companies that have a proven track record of profitability, while venture capital firms invest in early-stage companies that have the potential for high growth. Private equity firms typically acquire a controlling stake in the companies they invest in, while venture capital firms typically take a minority stake.
What is the average salary for private equity professionals in the UK?
The average salary for private equity professionals in the UK varies depending on the level of experience and seniority. Junior professionals, such as analysts and associates, can expect to earn between £50,000 and £100,000 per year, while senior professionals, such as partners and managing directors, can earn well over £1 million per year. However, it is important to note that salaries can vary widely depending on the firm, the sector, and the location.
Who are the members of the European Venture Capital Association?
The European Venture Capital Association (EVCA) is a pan-European industry association that represents the private equity and venture capital industry in Europe. Its members include venture capital firms, private equity firms, institutional investors, and service providers. The EVCA aims to promote the industry’s role in the European economy and to provide a forum for its members to share knowledge and best practices.
