BVCA Membership - General Partners
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.
Private equity firms with large investments in their portfolio should be aware of the role and requirements of the Private Equity Reporting Group and Sir David Walker’s Guidelines on Transparency and Disclosure in Private Equity. These guidelines place additional reporting obligations on owners and their portfolio companies, as well as the provision of additional data. The work of the Group is administered by the BVCA and BVCA members are required to comply with the Guidelines when their assets fall within scope. The work of the Private Equity Reporting Group provides benefits to all BVCA members for the purposes of the industry’s transparency and disclosure.
UK GENERAL PARTNERS APPLICATION FORM
Private Equity Reporting Group – portfolio companies that meet the threshold for adherence to the Guidelines.
Walker Guidelines and PERG
*Definition of 'Funds Under Management'
'Funds Under Management' should be calculated by reference to the total value of investor commitments including any undrawn committed capital (capital would include both capital and loans). It includes capital drawn down to be used for management fees/costs. It does not include capital contributed by the firm and amounts which were drawn-down and subsequently returned to investors.
FOR FURTHER INFORMATION PLEASE CONTACT THE BVCA
+44 (0)20 7492 0400