BVCA - the voice of long-term investment

BVCA Responds to GMG Annual Report

13 December 2010
Responding to the third report of the Guidelines Monitoring Group, established to monitor compliance with the Walker Guidelines, Simon Walker, chief executive of the British Private Equity and Venture Capital Association, said:

"The BVCA welcomes the third report of the Guidelines Monitoring Group, and I would like to thank Sir Mike Rake and his colleagues for all their hard work this year.

Once again the report demonstrates private equity's continuing commitment to greater levels of transparency and disclosure. The way in which the industry has embraced self-regulation with an even higher level of compliance with the Walker Guidelines compared to previous years is to be applauded."

The full report by the Guidelines Monitoring Group can be viewed on the GMG website here.

FOR FURTHER INFORMATION PLEASE CONTACT

Tom Allchorne, BVCA:  +44 (0)20 7420 1807

Notes to editors:

The British Private Equity and Venture Capital Association (BVCA) is the industry body for the UK private equity and venture capital industry. The BVCA has over 450 member firms, representing the overwhelming number of UK-based private equity and venture capital firms and their advisers.