The British Private Equity and Venture Capital Association, sometimes known simply as the British Venture Capital Association, or BVCA, is a
trade organisation
A trade association, also known as an industry trade group, business association, sector association or industry body, is an organization founded and funded by businesses that operate in a specific industry. An industry trade association partici ...
for the
private equity
In the field of finance, the term private equity (PE) refers to investment funds, usually limited partnerships (LP), which buy and restructure financially weak companies that produce goods and provide services. A private-equity fund is both a ty ...
and
venture capital
Venture capital (often abbreviated as VC) is a form of private equity financing that is provided by venture capital firms or funds to startups, early-stage, and emerging companies that have been deemed to have high growth potential or which ha ...
industry in the
United Kingdom
The United Kingdom of Great Britain and Northern Ireland, commonly known as the United Kingdom (UK) or Britain, is a country in Europe, off the north-western coast of the continental mainland. It comprises England, Scotland, Wales and North ...
. It was founded in 1983 and has more than 500 member firms, including over 230 private equity and venture capital houses, as well as
institutional investors
An institutional investor is an entity which pools money to purchase securities, real property, and other investment assets or originate loans. Institutional investors include commercial banks, central banks, credit unions, government-linke ...
, professional advisers, service providers and international associations as members. Michael Moore is the director general. The Chair is elected annually by the members. The organization lobbies on regulatory, tax and governmental matters that relate to private equity owned businesses in the UK.
It produces reports on, among other topics, the relative rate of return on UK private equity and venture capital funds and organises conferences.
Sandra Robertson, chief executive of the Oxford Endowment Fund, used a BCVA conference in 2012 to criticise private equity funds’ documents for containing “pages and pages of legal jargon”.
In 2021 it hosted a discussion on the industry’s “perception problem”.
In 2022 it announced that it planned to develop a practical guide for making climate-related financial disclosures.
References
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External links
BCVA
Business organisations based in the United Kingdom