PRINT THIS PAGE The Impact of Private Equity as a UK Financial Service23/01/2008. Source: BVCA and Arbor Square Associates.
New research commissioned by The British Private Equity and Venture Capital Association reveals that the private equity industry generated a total of £5.4bn of income for the financial and professional services sector in the financial year 2006-2007. This figure represents 12 per cent of the total annual revenue of the UK financial services industry. £1bn of this was generated outside of London, demonstrating that private equity contributes to the diversity and vibrancy of the UK's regional economies.
The research study, conducted by Arbor Square Associates on behalf of the BVCA, is the first fully comprehensive report into the impact of the private equity and venture capital industry on the financial and professional services sector. It also shows that over 18,000 people are employed either directly or indirectly by private equity in the UK, the vast majority of whom are in highly skilled jobs.
Click here to view the full document (pdf 394kb) You need Adobe Acrobat to read this document. If you do not have it, you can download it free from www.adobe.com/products/acrobat/readstep.html
The BVCA - The British Private Equity and Venture Capital Association is the industry body for the UK private equity and venture capital industry. Our membership of well over 400 members represents the overwhelming number of UK-based private equity and venture capital firms and their advisers. The BVCA has 25 years of experience representing the industry, which currently accounts for 57% of the whole of the European market, to government, the European Commission and Parliament, the media, regulatory and other statutory bodies at home, across Europe and around the world. We promote the industry to entrepreneurs and investors, as well as provide services and best practice standards to our members. For more details, visit www.bvca.co.uk.
Arbor Square Associates, founded in 2006, is a research-based consultancy firm, providing services to groups operating
within the alternative assets industry. The consultants are information specialists, with an unrivalled knowledge of data and relevant contextual
research. They have more than 40 years cumulative experience of private equity and have worked together as a team in various guises for over eight years. For more details, visit www.arborsquare.com.
|
