British Private Equity & Venture Capital Association (BVCA)

?? BVCA publishes updated Series A Model Documents This week, the BVCA published updated versions of the Series A Model Documents which help to facilitate transactions taking place at the Series A investment stage. The Model Documents are designed to: ?? Promote industry-standard legal documentation in the UK so investors and entrepreneurs can focus on deal-specific matters ?? Save both time and money following the precedent established in the US ?? Encourage all parties to adopt these documents as the starting point for their investments The updated documents include revised versions of the Subscription Agreement, Shareholders’ Agreement and Articles of Association, as well as a new Summary of Terms to be used at the term sheet stage. The accounting briefing on the treatment of preferred shares is also still available for reference. A working group will continue to update the documents on a regular basis to encompass market developments. The documents can be downloaded for free from the BVCA website here: https://lnkd.in/gVxFzw_e

The BVCA offers a comprehensive suite range of courses through classroom, e-learning and our premium bespoke in-house training. The BVCA's Head of Industry Development Natalie Whiley, Assoc. CIPD is interested in finding out your preferred method of learning. View the full?training calendar?of upcoming courses to see what is in store later this year: https://lnkd.in/ekgu4-Mk

Commitment to #diversity, #equity and #inclusion remains strong as private capital makes steady progress. A new report by Level 20 and the BVCA, has found that the proportion of women working in #privateequity and #venturecapital has increased over recent years. Diversity in UK Private Equity and Venture Capital 2025 finds that 27% of UK-based investment professionals are women, up from 24% in 2023. Now in its fourth edition, this report marks the largest Level 20 and the BVCA analysis of representation across the UK PE and VC industry. ? ?????? ???????????????? ?????? ???????? ??????????????: ?? The UK is behind only France and Sweden when looking at the representation of women in investment teams across Europe.? ???? Women now hold 15% of senior investment roles, up from 12% in 2023.? ?? 18% of investment professionals in the UK are from a Black, Asian and other non-White ethnic background, in line with UK national averages. The industry has demonstrated its continued commitment to make strides in DE&I representation. Reflecting on findings published in 2018 using a different methodology, previous data showed that just 14% of investment professionals in private equity were women and only 6% of senior roles were held by women. ? An integral part of the BVCA’s mission is to support firms to build inclusive environments in which everyone can thrive.?Level 20 seeks to increase the percentage of women in senior positions, particularly senior investment roles, in European private equity and venture capital. The BVCA’s Chief Executive, Michael Moore emphasised: ? “This report provides a robust, consistent data set, which can be used to track change and progress. The industry has made improvements in its representation in recent years, but it still has a long way to go, particularly at senior levels. Our goal is to ensure all individuals regardless of their background and characteristics can thrive in PE and VC.” ?? Read the full report here: https://lnkd.in/eYy4u8dZ

"Comparing notes about the policy agendas of?governments across the Atlantic, it is clear that there is great potential for our industry to contribute strongly to economies in the future." In the latest BVCA Insight article, Leon de Bono, Managing Director, Industry Development reflects on the BVCA’s recent North America Roadshow, where the BVCA took a delegation of leading UK private capital firms to meet institutional investors in three key cities - Toronto, Boston and New York. The BVCA's?next roadshow?will be across Asia in Tokyo, Seoul and Singapore. Asian LPs are eager to learn more about European private equity, private credit and venture capital. To learn more, please get in touch with?Nicole Walker. Read the full Insight article here ?? https://lnkd.in/e3UvPcwt

?? Accelerate, the UK's dedicated event for venture capital investors, returns in May. ???????????????????? Bringing together the entire #venturecapital ecosystem, from start-ups to scale-ups and from pre-seed to growth equity, Accelerate offers the opportunity to network and connect with a like-minded crowd in a relaxed and informal atmosphere. Join senior business leaders, innovative entrepreneurs, and experienced investors to understand the latest opportunities and developments in #VC, including: ?? Artificial Intelligence:?How AI is impacting the economy and the VC asset class ?? Early-Stage Investing:?Seeding the Future ?? Emerging Trends:?Signals of Future Disruption ?? Navigating Exits:?Unicorns, IPOs, and Beyond ?? Diversity & Inclusion:?Building an Equitable Ecosystem ?? Access to Capital:?The next steps in unlocking pension investment For more information or to book, visit the website: https://lnkd.in/dfZrJjkV

The BVCA is delighted to welcome ComplyCraft Consulting as the latest BVCA member. ComplyCraft Consulting was founded in 2021 by Nick Thomas and Joe Denney to offer a people led, relationship-focused compliance service. Their goal is to provide a service clients love, with employees who feel truly valued and supported. They remain employee owned, and all their consulting staff have several years’ experience within compliance (either in-house or also at the FSA/FCA) to ensure they can deliver the technical and pragmatic support their clients value. ? ComplyCraft provide cost effective and practical solutions, in plain language, where they partner with clients to understand their business model, the issues they face and their concerns. ComplyCraft support a wide variety of financial services firms at different stages of their regulatory compliance journey; from helping new market entrants to get authorised, to helping firms that have been around for decades with maintaining their compliance framework. ? They are privileged to have worked with over a hundred firms (and grown to over ten people) since their launch and look forward to helping even more innovative firms fuelling growth and success. For more information, visit their website: https://lnkd.in/dAawAaDn

?? Early bird discounts for the BVCA's Yorkshire & North East England Dinner end ??????????. The BVCA are delighted to kickstart our?Invest Dinner Series?in Leeds for the Yorkshire & North East England Dinner, ensuring BVCA members have the ongoing opportunity to connect with existing contacts, share local insights, forge new relationships and celebrate our industry.?Join an exclusive audience of industry leaders, entrepreneurs and leading service providers at The Queens Hotel, Leeds on 24 April. ?? This year, we are pleased to introduce a new series of?Invest Forums, linked to the Dinner series. The Leeds Forum will provide an opportunity for policy discussion on developing investment in Yorkshire and the North East region. For more information on the Yorkshire & North East England Dinner and to secure the best rate today, click here: https://lnkd.in/gfY2H6ar PNC | Aon

This Thursday, the BVCA will be hosting a webinar to launch the fourth edition of our diversity data report, produced in collaboration with Level 20. ? ‘Diversity in UK Private Equity and Venture Capital 2025’, will?mark the largest Level 20 and BVCA analysis of gender and ethnicity representation across UK and European #privateequity and #venturecapital GP teams. ? Hosting the webinar, the BVCA’s Head of Research, Suzi Gillespie will present the key findings of the latest research and will be joined by a panel of guest speakers including: ? ? Rebecca Gibson, Level 20 Chair and Partner at Oakley Capital ? Matthew Sabben-Clare, BVCA Chair and Senior Advisor at Cinven ? Rodney Appiah, Managing Partner at Cornerstone VC ? The panel will reflect on the findings, share first-hand experiences and provide best practice for how the private capital industry can help attract and retain people of all backgrounds, concluding with an interactive Q&A. ? Sign up for the webinar here: https://lnkd.in/evitzGA7

?? ONE WEEK. FOUR MP CONNECT VISITS. ?? ? ?? Parliamentarians from the largest parties across the House of Commons learned about the innovation and success shown by the private capital backed companies as they visited businesses across the UK. ? Monday: ?? Harriet Cross, the MP for Gordon and Buchan, visited HCS Control Systems, where she heard about the company’s growth journey, as it has continued to expand its operations, including opening an Aberdeen facility in Harriet’s constituency of Gordon and Buchan in 2018. ? Wednesday: ?? Saqib Bhatti MBE, the MP for Meriden and Solihull East and Shadow Minister for Culture, Media and Sport, visited labelling management firm Kallik, backed by FPE Capital.?During the visit, Saqib learnt about how the company has revolutionised artwork and labelling processes, as well as their recent expansion internationally, scaling operations to India. ? Thursday: ?? Kate Dearden MP, the Labour MP for Halifax, visited dispersions innovator Aquaspersions Limited, backed by CBPE Capital. As the global leader in the manufacturing and supply of these products, the private capital-backed organisation demonstrated how CBPE Capital has accelerated its growth. ? ?? John Milne, the Lib Dem MP for Horsham, visited private capital-backed home care management software provider, CareLineLive. The company showcased their ambition to use digital technology to improve working practices, reduce costs, streamline operations, and ultimately provide carers with more time to focus on delivering exceptional care to their?clients. ? ?? These visits, facilitated by the BVCA, demonstrated the valuable impact private capital is having across the UK’s nations and regions through the creation of jobs, support for the local economy and business expansion.

The BVCA's annual CFO-COO Reception brought together senior finance and operations professionals from private equity and venture capital firms this month. As part of the event, attendees heard from IQ-EQ with a short fireside chat on Alternative investments: shaping the future with data. This explored how the alternatives industry is preparing for the future, with a focus on aligning operations and technology investments with business strategies. Key discussion points included enhancing data analytics capabilities, leveraging artificial intelligence, generating actionable insights and improving data quality and accessibility. All photos from the event can be found here ?? https://lnkd.in/eZG8gb4W