EVCA Code of Conduct for General Partners and Limited Partners
The European Venture Capital Association published a revised edition of its “EVCA Handbook – Professional Standards for the Private Equity and Venture Capital Industry” in January 2012. The revised Handbook sets out a Code of Conduct, commentary on the Code and “Guidance on the Application of the Code of Conduct: Questions and Answers”.
It is the Q&As on the Code of Conduct that will be of most interest to industry participants. The Q&As cover:
- Fund formation
- Management of an investment
- Disposal of an investment
- LP relations
- Winding up of a Fund
- Management of multiple Funds
- GPs’ internal organisation
- Responsible investment factors
The revised Handbook is open for EVCA member feedback until 30 March 2012.
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