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Alternative Lenders

Associate Member
Alternative lenders (also known as private debt funds) are defined as fund managers which provide debt to unquoted companies to support their growth and raise funds from institutional investors. This includes direct lending funds and venture debt funds.

The BVCA runs a number of forums and roundtables aimed at this area, supported by a dedicated alternative lending working group.

Joining the BVCA

All BVCA membership applicants must be actively involved in private equity and venture capital, be of good standing in the private equity and venture capital community and agree to abide by the BVCA Member Code of Conduct and the BVCA Terms & Conditions.

Alternative Lender application form

Membership fees

European Funds Under Management* 
12 month fee 
Up to £100m £4,550.00
£100m to £300m £6,850.00
£300m to £500m £9,800.00
£500m to £750m £13,550.00
£750m to £2bn £22,500.00
Over £2bn £30,000.00


*Definition of 'Funds Under Management'

The total of funds available to fund managers for future European investments (dry powder) plus the amount of funds already invested in Europe (at cost) and not yet divested. It does not include the uncalled capital post investment period.

In the event that you do not invest in Europe but have an investment team in the UK then the funds available to your UK investment team, and invested by the team would apply.
Further information


 +44 (0)20 7492 0400