BVCA halves senior council

The senior council is now known as the BVCA Board. BVCA confirmed to unquote" that the eight board members stepping down are DFJ Esprit's Stuart Chapman; Isis Equity Partners' Mark Advani and Adam Holloway; Wellcome Trust's Robert Coke; Palamon Capital Partners' Louis Elson and Annette Wilson; Apax Partners' David Marks; and SJ Berwin's Simon Witney.

In conjunction with the board cull, Dunedin senior partner Ross Marshall and SV Life Sciences managing partner Kate Bingham have joined the council, according to BVCA's website, bringing the board's total to 11.

The council now comprises – alongside newly appointed Marshall and Bingham – Fidelity Growth Partners managing partner Simon Clark as chairman; LDC managing director Tim Farazmand as vice chairman; Carlyle Europe Technology managing director Robert Easton; BVCA director general Tim Hames; BVCA COO Jack Dunning; law firm Travers Smith's head of financial services Margaret Chamberlain; retired HgCapital managing partner Ian Armitage; Albion Ventures managing partner Patrick Reeve; and former Hermes GPE chief executive Alan MacKay, who stepped down from his position at the private equity firm in July this year.

According to Financial News, the smaller council plans on meeting more than its current four times per year.

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