UK General Partners are defined as private equity and venture capital fund managers with an office or investments in the UK.
UK and international private equity and venture capital firms, infrastructure and turnaround funds join the BVCA within this category of membership.
To support small managers, the BVCA is pleased to offer introductory joining rates to new member fund managers whose total European funds under management does not exceed £100m.
We also offer a special membership fee for first-time fund managers investing their first institutional fund, more infomation is available here.
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.
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.
Learn more about BVCA membership for GPs
*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.
**Special Introductory Fee for Small Managers**
Introductory rates are available to new members who are:
- Fund managers with a total European FUM of less than £100m; and who are an Appointed Representative or are regulated by the FCA or an equivalent regulatory body.
These introductory rates are available for the first year of membership, after which firms will become fully aligned to our standard membership rates listed above.
Supporting First-Time Fund Managers
The BVCA is committed to championing the next generation of private equity and venture capital firms. We offer a special membership fee designed specifically for fund managers launching their first institutional fund and those in the early stages of their firm’s journey.