PRINT THIS PAGE BVCA establishes Global Buyout and Mid-Market Committees05/02/2008. Source: AltAssets. 
The British Private Equity and Venture Capital Association has added two new sector committees, the Global Buyout and Mid-Market Committees, to its existing Venture and Enterprise committees. The restructuring is a result of the BVCA's recent strategic review, which included a survey of all member firms. The Global Buyout Committee is chaired by Robert Easton, a managing director at The Carlyle Group. Other members include Adrian Beecroft (Apax Partners), David Blitzer (Blackstone Group International), Philippe Costeletos (TPG Capital), Chris Davison (Permira Advisers), Patrick Dunne (3i), Pascal Herberling (Cinven), Clive Hollick (Kohlberg Kravis Roberts & Co.), Andrew Joy (Cinven), Donald Mackenzie (CVC Capital Partners), Vincenzo Morelli (TPG Capital), Dominic Murphy (Kohlberg Kravis Roberts & Co.), Carl Parker (Permira Advisers), Dwight Poler (Bain Capital), Walid Sarkis (Bain Capital), Emma Thorpe (The Carlyle Group), Richard Wilson (Apax Partners) and Philip Yea (3i).
The Mid-Market Committee, chaired by Tom Lamb of Barclays Private Equity, represents mid-market firms operating mainly in the UK and, in some cases, across Europe. Its members include Adrian Johnson (LGV Capital), John Snook (Close Brothers Private Equity), Andrew Hartley (August Equity), Ross Marshall (Dunedin Capital Partners), Daryl Eales (LDC) and Humphrey Battcock (Advent International).
Lyceum Capital managing partner Jeremy Hand, the incoming chairman of the BVCA, said, 'The BVCA is a strong brand. Our member firms have given us a clear mandate. They want a single organisation with a structure that fully represents the UK private equity and venture capital industry.
'The committees are at the heart of the BVCA's work and are fundamental to its effectiveness and authority when representing and promoting the industry. Their purpose is to ensure effective representation of all member firms. The changes will take time to bed down, but it is clear that as one organisation we have a stronger voice with Government, the media, investors and other stakeholders,' Hand continued.
Easton added, 'We have recognised the need to be more coordinated in the way the buy-out community interfaces with the outside world. The Committee will be focused on complying with the detail of the Walker Guidelines, and more importantly on the need to convey to all constituencies the positive impact of private equity on the UK economy.'
The BVCA has also announced a restructuring of its Council. It now has three representatives of each of the sectors, as well as the chairs of each of the Technical Committees, the chairman, vice chairman and past chairman.
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