The General Assembly of the European Private Equity and Venture Capital Association (EVCA) elected Vincenzo Morelli Partner Emeritus and Senior Advisor to global investment firm TPG, as its Chairman for the year to June 2013. Mr. Morelli has a long track record in management, particularly in helping struggling businesses to return to profitability. As Operating Partner at TPG Capital Europe from 2005 until 2012, Mr. Morelli managed corporate governance and operational change across TPG’s European portfolio companies. Mr. Morelli continues to chair two of TPG’s portfolio companies. For the past three years since its inception, Mr. Morelli has been Chairman of the European Private Equity Roundtable (EPER). EPER’s twenty-six member firms constitute the Large Buyout Platform of the EVCA. He has also served as a Director and Vice Chairman of the EVCA since 2010.