Friday, June 13, 2008

Pakistan Venture Capital Association of Europe launched: APP

LONDON, June 13, (APP)-The Pakistan Venture Capital Association of Europe (PVCAE) has been established as a European based trade association representing the interests of European investors look to invest in the venture capital and private equity markets in Pakistan.

A function in this regard was arranged on Thursday evening in the financial district of the city in which experts threw light on the various aspects of investment opportunities in Pakistan.

Explaining the objectives of the PVCAE, Shaistah Akhtar of SJ Berwin Lending and Leasing Partner, said these are to provide potential investors with the essential market information required to make informed investor decisions, and a platform for networking and sharing knowledge and experiences, as well as a conduit through which to relay to the Pakistan Government and regulatory authorities specifically the Securities and Exchange Commission of Pakistan, the views and concerns of European investors in relation to policy making. The founder members of PVCAE include Nomura, JS Group, Royal Bank of Scotland, Coller Capital, Ithmar Capital and Hamilton Bradshaw. The PVCAE is managed by SJ Berwin , an International law firm and the Commonwealth Business Council. The two keynote speakers Moeen Khawaja, Director, Business Development at JS Group, and Sadeq Sayeed, Special Advisor, spoke of their experiences and noted that Pakistan though currently is passing through a difficult phase, but nevertheless it is a country that made rapid economic growth with its real GDP over 7 percent for the last 4 years..

For more on this article, please click on the following link: Pakistan Venture Capital Association of Europe launched: APP

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