LDC's Farazmand takes BVCA chair
The British Private Equity and Venture Capital Association (BVCA) has named LDCтs Tim Farazmand as its new chairman.
Farazmand replaces outgoing BVCA chairman Simon Clark.
In a statement, Farazmand said his main focus in the new role will be to ensure that the asset class is understood to be a supporter of business, sustainability and a driver of growth in the run-up to the 2015 general election.
Farazmand became LDC's London regional director in February 2006. He joined the private equity house in March 2005 from Catalyst Fund Management & Research. Previously, he was an investment director at 3i from 1987 to 1994, before leaving to set up Royal Bank of Scotland Private Equity's London office.
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