Thank you Jan (Moulijn) Preliminary data for the EVCA 2003 full-year survey of PE and VC activity conducted jointly this year by TVE and PwC. Preliminary because it’s based on the responses inputted up to last week: 750 players our of 1,600 universe, around 50%. No extrapolation of data. So the figures can only get larger. Currently around 60%. We would like to get it to 70%. Please send us your completed questionnaires by early next week!
EVCA Guidelines and Good Practice in the Management of Privately Held Companies in the Private Equity and Venture Capital Industry 28 June 2005 Second European Corporate Governance Conference Luxembourg Georges Noël Director of Research, Public Affairs and Development EVCA
EVCA has always recognised that the reputation of the industry, particularly as it controls increasing numbers of high profile companies across Europe, requires that PE/VC fund managers go further than the law demands through a process of self-regulation
Market forces ensure enforcement of higher standards by the PE/VC industry
Institutional Investors increasingly use EVCA and other guidelines as a basis for their investment decisions
Active ownership increases the value and strength of the company
Good governance is good for the company, good for the PE/VC fund and good for the fund’s investors