Level 20 · Requirements
Level 20 membership requirements
Every criterion Level 20 publishes, with its source, the date it was verified and how confident we are in it, plus superseded figures, so you can see how the tests have moved.
Read a requirement as the organization's published floor, not as a promise. A revenue test may have alternative versions for different business types, chapters can set stricter local tests, and invitation-only bodies publish criteria that describe members rather than admit them.
Current published criteria
3 rows| Criterion | Published requirement | Provenance |
|---|---|---|
| Industry restriction | Must work in private equity or venture capital, or at a firm that supports the industry | Verified September 2026High confidenceSource ↗ |
| Geographic restriction | In-person programming is concentrated in Europe | Verified September 2026High confidenceSource ↗ |
| Other criterion | Sponsor firms must be a GP or LP with a European presence where private equity is a key function | Verified September 2026High confidenceSource ↗ |
How admission works
Do you appear to meet them?
The qualification tool reads these rows against a profile you give in ranges and explains which criteria appear met, unclear or unmet. Check your profile
If not: alternatives to Level 20 (All Raise, PEWIN, BLCK VC, UK Private Capital (formerly BVCA)).
Sources
- Level 20 — Home, Level 20. Accessed 6 September 2026.tier 1
- Who we are — Level 20, Level 20. Accessed 6 September 2026.tier 1
- Where we operate — Level 20, Level 20. Accessed 6 September 2026.tier 1
- What we do — Level 20, Level 20. Accessed 6 September 2026.tier 1
- Join us — Level 20, Level 20. Accessed 6 September 2026.tier 2
- A decade of impact — Level 20 Annual Review 2025, Level 20, November 2025. Accessed 6 September 2026.tier 4
Source tiers follow the published hierarchy: 1 official site · 2 official membership materials · 3 application documents · 4 annual reports · 5 government filings · 6 reliable business publications · 7 credible interviews · 8 other reputable secondary sources. Sources and data policy.