Dr Keith Arundale is a Senior Visiting Fellow at the ICMA Centre and specialises in private equity and venture capital.
Keith is the convenor for the undergraduate and postgraduate modules on Private Equity & Venture Capital, IC309 and ICM312 respectively. Keith was with PwC for many years where latterly he led the venture capital programme and marketing & business development for PwC’s Global Technology Industry Group in Europe. Since leaving PwC Keith has been pursuing a portfolio career of teaching, training and consulting in private equity and venture capital.
Keith holds a BSc, ARCS degree in Physics and an MSc, DIC degree in Applied Optics from Imperial College London. His PhD in Management is from the Adam Smith Business School, University of Glasgow. His thesis explores the reasons for the historical difference in performance between European VC funds and US VC funds, focusing on the differences in the structural, operational (investment practices) and wider environmental characteristics of European and US VC firms. Keith was awarded an Adam Smith Business School Prize for his doctoral work. He is currently researching the investment practices of Chinese venture capital firms with Chinese colleagues from the University of Chester Business School where he is a Visiting Professor.
Keith is a Fellow of the Institute of Chartered Accountants in England and Wales, Fellow of the Chartered Institute of Marketing, Fellow of the Institute of Directors, Fellow of the Institute of Physics and Fellow of the Royal Society of Arts. He is the author of ‘Raising Venture Capital Finance in Europe’ published by Kogan Page and ‘Venture Capital Performance: A Comparative Study of Investment Practices in Europe and the USA’ published by Routledge (Taylor & Francis Group). He also initiated and authored the BVCA’s ‘Guide to Private Equity’. He is a non-executive director of Henley Business Angels and a past President of the English Technology Tour. Keith is a member of the examination panel for the ICAEW/CISI Diploma in Corporate Finance.
Keith was formerly a Non-Executive Director, Deputy Chairman and Chair of the Audit Committee at Berkshire Healthcare NHS Foundation Trust and is a former member of the Board of Trustees of the Chartered Institute of Marketing. He is a Past Master of the Worshipful Company of Marketors City of London Livery Company. He is also a Liveryman of the Worshipful Company of Chartered Accountants and is a Freeman of the City of London.
Private Equity and Venture Capital
The objective of the Private Equity and Venture Capital module is to develop students’ appreciation of the practical aspects of investing by private equity and venture capital firms, understanding the...
Private Equity and Venture Capital
The objective of the module is to develop students’ appreciation of the practical aspects of raising venture capital finance for a private company, working with the venture capital investor in...
Most recent news & media
Older news & media
Raising Venture Capital Finance in Europe, Kogan Page 2007
Talking Point: Venture Capital ? Signs of Life, ICAEW Corporate Financier, September 2007
Venture capital sector is alive and well in Europe, Financial News, 16 April 2007
Developing Winning Business Plans, contributed chapter in How to build and invest in successful university spinouts, Euromoney Books 2004
What Private Equity Investments are being made in Europe, Who is Investing and How are they Doing?, Journal of Asset Management Vol.13 No.1 (July 2002), pp17-28
European Venture Capital: At An All Time High, The Journal of Private Equity Vol.4 No.3 (Summer 2001), pp43-51
Private equity puts on a good show, Pensions Week No.220 (4 June 2001)
European Venture Capital: It's a record at Euro 25 billion, European Fund Manager, Issue 16 (Q4 2000), pp74-77
A Guide to Private Equity, BVCA 2004
Keith is currently carrying out doctoral research at the Adam Smith Business School, University of Glasgow into the performance of venture capital funds in Europe and the United States, specifically investigating the investment practices of venture capital firms.
His publications include:
“Raising Venture Capital Finance in Europe” published by Kogan Page in April 2007
“A Guide to Private Equity” – British Venture Capital Association (latest edition February 2010)
“Developing Winning Business Plans” - chapter in “How to build and invest in successful university spinouts” published by Euromoney Books 2004
“Differences in Investment Practices between European and US Venture Capital Funds: a frequency analysis” – ISBE Conference, 2015
“Nothing ventured, nothing gained” - ICAEW Finance & Management Faculty special report on “Growing your business”, September 2014
“Separating fact from fiction” – guest column in BVCA Journal, Autumn 2013
“Talking Point: Venture Capital – Signs of Life”, ICAEW Corporate Financier, September 2007
“Venture capital sector is alive and well in Europe”, Financial News, 16 April 2007
“What Private Equity Investments are being made in Europe, Who is Investing and How are they Doing?”, Journal of Asset Management Vol.13 No.1 (July 2002), pp17-28
“European Venture Capital: At An All Time High”, The Journal of Private Equity Vol.4 No.3 (Summer 2001), pp43-51
“Private equity puts on a good show”, Pensions Week No.220 (4 June 2001)
“European Venture Capital: It's a record at Euro 25 billion”, European Fund Manager, Issue 16 (Q4 2000), pp74-77
“An investigation into the variation of human contrast sensitivity with age and ocular pathology” - British Journal of Ophthalmology (April 1978), Vol 62. No