SWEDEN - SVCA launches private equity 'internships' for politicians

In a move to counteract the bad press targeted at the private equity market recently, the Swedish Venture Capital Association (SVCA) has offered politicians an opportunity to gain first-hand experience in the industry. “It was a fantastic opportunity to give leading politicians first-hand practical insight into our industry,” said Jan Segerfeldt at SVCA. “I see this as a good response to the intense media attention directed at the Swedish private equity-market.” By offering this “work placement”, SVCA strongly indicated that the industry is opening up and trying to correct the information imbalance, currently the subject of much debate.