Emerging Managers

The BVCA is the voice of private capital in the UK. We act on behalf of our members to engage and educate key audiences about the vital role played by private capital in business growth, transformation and innovation and the benefits this brings to life across the UK.

We are committed to championing the next generation of Private Equity and Venture Capital firms. Our Emerging Managers Membership is designed specifically for fund managers launching their first institutional fund and those in the early stages of their firm’s journey.

Emerging managers bring fresh perspectives, innovative strategies and often focus on underserved sectors, regions or founder groups. Whether you are a newly-formed team, a spinout from an established firm or building your track record under a new brand, we are here to support your development and growth within the UK ecosystem.

First Time Fund Managers

This membership category is available to non-member firms, who are:

Currently raising their first institutional fund or have successfully closed their first fund, which has less than £100m European funds under management
Fund managers, who are an Appointed Representative or are regulated by the FCA or an equivalent regulatory body

Membership fee: £1,500*

The First Time Fund Manager fee is available up to three years or up until the first close of the firm’s second fund.*

Emerging Managers with up to £100m European FUM

The BVCA is pleased to offer introductory joining rates to emerging managers, who are raising their second or third fund and whose total European funds under management does not exceed £100m.

This membership category is available to non-member firms, who are:

Fund managers on their second or third fund with a total European FUM of less than £100m
Fund managers, who are an Appointed Representative or are regulated by the FCA or an equivalent regulatory body

Membership fees

European Funds Under Management*	Standard Membership Rates	Emerging Manager Introductory Rates*
£0 to £25m	£3,100.00	£1,500.00
£25m to £50m	£6,050.00	£3,000.00
£50m to £100m	£9,750.00	£6,000.00

*The introductory rates for Emerging Managers will be available for the first year of membership, after which firms will become fully aligned to our standard membership rates.