BVCA Council

The BVCA will continue the debate with and provide education to fund providers such as pension funds and insurers. We will continue to work with the NAPF, ABI and others to demonstrate the superior returns from private equity and venture capital and thus the case for higher allocations. We are constantly reviewing our annual statistics and ways to improve further their coverage.

We continue to press the Government at every level to encourage the entrepreneurial culture on which our industry depends. We regard the continued success of the All Party Private Equity Group as evidence of the excellent progress we are making towards recognition of our industry as a key contributor to the UK economy. We will extend our efforts into Europe to ensure the voice of UK private equity is heard when decisions are taken which impact on our industry.

Our survey of the Economic Impact of Private Equity clearly demonstrates the economic benefits, including enhanced productivity, that private equity disciplines bring across the whole range of opportunities our industry backs. We will continue to research the economic impact of private equity and venture capital on the UK economy and disseminate that research to key opinion formers.

The BVCA has, through its Regulatory Committee, worked extensively with the FSA/FCA through numerous consultation papers and discussions. We have made and continue to make representations on a number of issues both with the FSA/FCA and with the EC which is becoming an increasingly important area.

The BVCA has always regarded its membership as being the firms operating within the industry. The regulatory environment is focusing much more on individuals rather than firms, as is training and competence and, possibly in the future, continuing professional development. We are working to improve our communication with firms but also with the individual practitioners and professionals. We have expanded our database extensively and are using enhanced technology to improve our communications.