Contact:

Ben Veghte
NVCA
202.864.5923
bveghte@nvca.org


FOR IMMEDIATE RELEASE:

WASHINGTON, DC – The National Venture Capital Association (NVCA) today announced that Tim Curt, Managing Director at Warburg Pincus, is the 2017 recipient of the NVCA Industry Impact Award.  The Industry Impact Award is dedicated to recognizing CFO, operations, and compliance professionals at venture firms who have provided an exceptional public service to the VC industry through the dedication of their expertise, resources and commitment to the NVCA CFO Task Force.

A long-time participant and leader of the NVCA CFO Task Force, Curt was honored for all his work in spearheading some of the group’s most detailed policy engagements as well as his active participation on the NVCA Board of Directors.  He was instrumental in NVCA’s efforts to ensure that the Financial Accounting Standards Board’s rules and definitions are compatible with venture capital fund and private company business models.  Tim also led the effort to persuade the Public Company Accounting Standards Board to take private companies, and venture capital funds in particular, into account in their review of auditing standards that are critical to cost-effective fund audits.

“Tim couldn’t be more deserving of this award.  He has long been a strong contributor to the work of NVCA and the venture ecosystem, but his efforts took flight once he joined the NVCA Board of Directors in 2014 and then later the Executive Committee in 2015,” said Bobby Franklin, President and CEO of NVCA.  “In addition to all his leadership with the CFO Task Force, Tim has been a huge asset in creating NVCA’s tax policy agenda through his work on our Tax Policy Council, playing a leading role in the development of NVCA’s blueprint for Qualified Small Business Stock reform.  On behalf of the venture community, we thank Tim for his service and congratulate him on this tremendous honor.”

Curt received the award at the 2017 NVCA Strategic Operations and Policy Summit taking place in Washington, DC November 1-2, 2017.  The Strategic Operations & Policy Summit is focused on the critical role CFOs and senior operations professionals play at VC firms and how to provide value back to your partnership. The summit is comprised of technical topics, leadership development, and industry-related policy content.  NVCA provides up to 8 CPE credits for attending the entire program.

About Curt

Timothy J. Curt is a member of our Accounting Department where he assists with management of international investment structures and technology initiatives.  From 2003 to 2014, Mr. Curt served as the firm’s chief financial officer. Prior to joining the firm in 1998, he was a tax partner with Ernst & Young and a member of its mergers and acquisitions services group. Mr. Curt, a Certified Public Accountant and a Chartered Global Management Accountant, received a B.S. in accounting from the University of Connecticut and an M.S. in taxation from Pace University.  He is Treasurer of the National Venture Capital Association and is a member of the Private Company Council, which is the primary advisory body to FASB on US GAAP accounting for private companies.  Mr. Curt is also a member of the American Institute of Certified Public Accountants’ task force on Private Equity and Venture Capital.


About National Venture Capital Association

Venture capitalists are committed to funding America’s most innovative entrepreneurs, working closely with them to transform breakthrough ideas into emerging growth companies that drive U.S. job creation and economic growth. As the voice of the U.S. venture capital community, the National Venture Capital Association (NVCA) empowers its members and the entrepreneurs they fund by advocating for policies that encourage innovation and reward long-term investment. As the venture community’s preeminent trade association, the NVCA serves as the definitive resource for venture capital data and unites its member firms through a full range of professional services. For more information about the NVCA, please visit www.nvca.org.