UK private equity trade body the BVCA has named Silverfleet Capital’s Neil MacDougall as its chairman for the next financial year as its members aim to adjust to the “unprecedented challenge” of coronavirus.
The BVCA represents more than 800 member firms, including more than 500 investment funds and institutional investors.
MacDougall has been part of the BVCA’s leadership team for many years, chairing the UK and Europe mid-market committee and serving on the board as vice-chair for the past year.
He said, “Our members, and the businesses they invest in, are following all the government’s advice to protect individuals and support the NHS by following all their recommendations.
“We are also offering assistance to the government on the practical steps needed to preserve individuals’ livelihoods and keep the economy going.
“Our members employ nearly 850,000 people in over 2,500 businesses across the UK, so they understand the concerns of people in all parts of the country and can offer insights to government about the solutions which will address the most pressing problems in the COVID-19 crisis.
“We welcome the substantial initiatives taken by the government so far. We are determined to be good corporate citizens as we seek to preserve jobs and businesses and to work with government on this and their broader agenda.”
MacDougall joined European private equity house Silverfleet in 1989, and was managing partner from 2004 to 2019, when he became chair of the firm.
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