Friday, November 11, 2005

At the Bevvies

Ventured down to London this week for the annual backslapping of the BVCA Private Equity & Venture Capital Journalist of the Year Awards (and they really need to find a snappier name than that - I suggest 'the Bevvies'). I was shortlisted again in the Specialist category, for the piece on the government-backed RVCFs for Corporate Financier. Didn't win this time, but enjoyed a small degree of reflected glory as the Specialist award went to Grant Murgatroyd for a piece in the same title, and the Outstanding Contribution gong went to Ross Butler of Real Deals (for whom I've written many features over the past five years, and am currently putting together a particurly exciting piece on trends in transaction insurance). Trebles all round! Or, to be accurate, an uncertain number of pints at a local hostelry afterwards.

It might however be a sign of a continuing depression in the PE market that the winners just took home a chunky perspex trophy for their efforts. When the awards began at the turn of the century, winners were heaped with DVD players and digital cameras. By 2002, when I did win, they were onto the perspex doorstoppers. No bad thing, really - when the BVCA and the other sponsoring VCs start dishing out the consumer electronics again, it'll probably be time to start muttering about irrational exuberance.

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