Future venture capitalists will receive training in the arts of private equity from accounting firm, Crowe Horwath Australia, through an agreement with the Australian Private Equity and Venture Capital Association (AVCAL).
Through the partnership, Crowe Horwath has agreed to provide foundation level private equity education to AVCAL members, through the association's ‘Private Equity 101' program.
AVCAL chief executive, Yasser El-Ansary, said the program was critically important to the industry, as it prepared the next generation of leaders to acquire the skills they need to succeed, while at the same time helping to foster strong networks that will continue throughout their career.
"We have worked with the Crowe Horwath Corporate Finance team for some time, and we know they have the depth of experience and skills to deliver significant value to members of our industry going through the PE101 program," he said.
"Much of the training provided by Crowe Horwath will be carried out with the active involvement of a number of private equity and venture capital fund managers, who will share their first-hand investment experience with course participants."
Findex — Crowe Horwath's parent company - global head of business development, Peter Gardiner said the accounting firm had a strong knowledge of the "private equity space".
"We are looking forward to working alongside senior fund managers and sharing our insights and skills with new participants into the industry," he said.
"Crowe Horwath's Corporate Finance team, led by Andrew Fressl and Rahavan Yoganathan will have prime responsibility for the project.
"Our Corporate Finance division is an outstanding team with an outstanding record across many sectors."