BVCA - the voice of long-term investment

BVCA Responds to General Election Result

7 May 2010

BVCA responds to General Election result

Commenting on the General Election results, Simon Walker, chief executive of the BVCA, said:

"The only certain outcome of this election is uncertainty, not so much in who becomes Prime Minister, which should be settled shortly, but whether that Government can move its economic and political priorities through Parliament and represent Britain's interests within the European Union. At a time of an unsustainable budget deficit at home and the menace of the AIFM Directive in Brussels, this is a very disturbing situation."

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.

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