Last Updated on: 22nd November 2023, 02:58 am
Virtualnonexecs, the premier platform facilitating connections between private equity, venture capital, and family office professionals with a network of seasoned non-executives and board advisors, is thrilled to announce its extraordinary success within the investment community. Through its pioneering approach, Virtualnonexecs is revolutionising the landscape of non-executive and chair placements.
A Game-Changing Paradigm for the Investment Sphere
Virtualnonexecs has swiftly emerged as the ultimate resource for private equity and venture capital firms seeking to enhance their strategic decision-making capabilities. The platform’s ingenious design fosters effortless connections between funds and an extensive community of top-tier non-executives and board advisors. This streamlined process not only expedites the recruitment cycle but also ensures that funds gain access to candidates that best match their requirements, thereby significantly reducing the time and resources traditionally expended on critical searches.
Significant Cost Efficiencies for the Investment Fraternity
In an era where prudent spending is paramount, Virtualnonexecs is causing a stir by delivering substantial cost savings to the investment community. With each non-executive or chair placement, funds (and their portfolio businesses) are benefiting from significant financial savings – a feat that is reshaping the economics of the industry. This financial advantage not only bolsters fund performance but also underscores Virtualnonexecs’ commitment to delivering value for its users.
A Vast and Highly-Connected Community
Virtualnonexecs takes immense pride in leading the way in non-executive and board advisory connections. With a contact base likely to be the largest and most interconnected of its kind, the platform offers a diverse pool of experienced professionals, each armed with a proven track record of success across various industries. This ensures that funds attain unparalleled access to the expertise most relevant to their specific investment objectives.
Pioneering the Future of Investment Excellence
“The response from the private equity and venture capital community has been overwhelming,” remarked Ian Wright, CEO and Founder of Virtualnonexecs. “We are proud to be the driving force behind reshaping how non-executive and chair placements are carried out. Our Operator Network is not merely a platform; it’s a revolution that empowers funds to make informed decisions efficiently and cost-effectively.”
Wright further elaborated, “The new VNXD Operator Network interface empowers funds to independently search and select their own Chairs and Non-Executives, while also offering the flexibility of receiving fully managed services from executive search experts. Additionally, it notifies clients of new, exceptional talent in real-time.”
With over 4,000 of the 17,000 members actively pursuing roles that enable co-investment opportunities (active or passive), and with a capital pool exceeding £200 million, Virtualnonexecs acts as a catalyst for the convergence of both talent and capital. Since its inception in 2019, the platform has been utilised by 300 investment firms, serving as a testament to its undeniable value.
Ian Wright emphasised that the new VNXD Operator Network interface provides a rich source of talent and impending deal flow for professional services companies and the investment community. He further highlighted, “A significant indicator of upcoming M&A activities is the appointment of a Chair or NED.”
As Virtualnonexecs continues to forge connections between funds and top-tier non-executives and board advisors, the investment community can anticipate a future where strategic decisions are bolstered by a network of seasoned minds, at a fraction of the cost of traditional methods and with the full support of an experienced team when needed.
