UK General Partners

Full member

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 UK Private Capital within this category of membership.

To support small managers, we are 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 UK Private Capital

All 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 our Member Code of Conduct and 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 tUK Private Capital and 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 UK Private Capital members for the purposes of the industry’s transparency and disclosure.

The eligibility criteria for joining UK Private Capital as a UK General Partner include FCA or equivalent regulatory approval.

Membership fees

European Funds
Under Management* 
           
Standard 12 Month
Membership Fee
           
Special Introductory Fee
For Small Managers**
 
£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
£100m to £200m
 
£11,900.00
 
 
£200m to £300m
 
£18,150.00
 
 
£300m to £400m
 
£24,750.00
 
 
£400m to £500m
 
£31,750.00
 
 
£500m to £625m
 
£38,650.00
 
 
£625m to £750m
 
£46,250.00
 
 
£750m to £875m
 
£54,000.00
 
 
£875m to £1bn 
 
£61,700.00
 
 
£1bn to £5bn 
 
£69,450.00
 
 
£5bn to £10bn 
 
£75,000.00
 
 
Over £10bn 
 
£85,700.00
 
 

Private Equity Reporting Group – portfolio companies that meet the threshold for adherence to the Guidelines.

A fee of £29,900 applies for all firms with one or more portfolio companies that are required to adhere with the Guidelines.

*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

UK Private Capital 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.

Find out more

 

For further information please contact our Membership Team

Get in touch

 

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UK Private Capital is the new name for the BVCA

Following approval by members at our Annual General Meeting, the BVCA has adopted a new name: UK Private Capital.

Read more about the rationale behind the change, and what it means for our members, below. 

Read article