Invest Europe (formerly the European Private Equity and Venture Capital Association (EVCA)) has published a revised version of its Professional Standards Handbook, which it updates annually. The handbook sets out standards and guidelines for the private equity industry and brings together the key elements of governance, transparency and accountability that are expected of industry participants. The revised handbook reflects the heightened standards of transparency and accountability being pursued by investors in Europe's growing private equity industry and also takes into account the changes brought about by the AIFMD.