The Telegraph – The British Venture Capital Association (BVCA) is to send a senior delegation to the Gulf state of Qatar this month to ask Middle Eastern sovereign wealth funds to sign up to Sir David Walker’s code on private equity transparency.
Sir Michael Rake, the chairman of the BVCA’s disclosure monitoring group, and BVCA chief executive Simon Walker are expected to speak to the Qatar Investment Authority, which came close to buying J Sainsbury and owns £3bn of healthcare assets in the UK, as well as to other funds.
Speaking at a Daily Telegraph-SJ Berwin sponsored debate on private equity and transparency last night, Mr Walker said he was hopeful that sovereign wealth finds would sign up.
