European private equity, venture capital industry condemns Russia attack on Ukraine; stands in full support of the Ukrainian people
The British Private Equity and Venture Capital Association (BVCA), the body representing the UK’s private equity and venture capital industry, as well as their investors, stands with Invest Europe and other European associations in our utter condemnation of the invasion of Ukraine by the Russian Federation. We are in full support of the Ukrainian people.
We are profoundly saddened by the tragic loss of life and human suffering in Ukraine. Any consideration of economic losses is, of course, irrelevant compared to the worry for our fellow European citizens in Ukraine, including our colleagues and the tens of thousands of employees of companies they back.
Europe’s private equity and venture capital industry are more than just observers of political events: we are investors, partners to entrepreneurs, employers and a continuous force for growth in markets and people.
Security, predictability and accountability are the cornerstones of a vibrant private equity and venture capital market, framed by the laws and regulations in which the market operates, as part of global value-chains. From a narrow – and in these early days barely relevant – industry perspective, we are saddened to see a blooming economy, private equity and venture market in Ukraine wilt under the weight of war. We stand behind the people of Ukraine. We stand together as an industry.
For media enquiries please contact:
Will English, External Communications Manager
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Notes to editors
About the BVCA
- The BVCA supports the call on our industry to donate to the International Red Cross and has encouraged all 700+ of our members to do so via this link.
- Private capital drives growth – providing the funding, expertise and long-term view that enables companies to innovate and flourish. Our mission is to advocate the transformative nature of the private equity and venture capital community.
- We connect institutional investors, fund managers, companies, advisers and service providers together, with our membership currently comprising more than 700 businesses from across the private capital ecosystem. This includes more than 325 PE and VC firms, 100 institutional investors and 220 professional services firms.
About Invest Europe
Invest Europe is the association representing Europe’s private equity, venture capital and infrastructure sectors, as well as their investors.
Our members take a long-term approach to investing in privately held companies, from start-ups to established firms. They inject not only capital but dynamism, innovation, and expertise. This commitment helps deliver strong and sustainable growth, resulting in healthy returns for Europe’s leading pension funds and insurers, to the benefit of the millions of European citizens who depend on them.
Invest Europe aims to make a constructive contribution to policy affecting private capital investment in Europe. We provide information to the public on our members’ role in the economy. Our research provides the most authoritative source of data on trends and developments in our industry.
Invest Europe is the guardian of the industry’s professional standards, demanding accountability, good governance and transparency from our members.
Invest Europe is a non-profit organisation with 27 employees in Brussels, Belgium.
For more information visit www.investeurope.eu
