The group of lawyers overseeing the push to launch generic private equity documents is lobbying some of the country’s biggest buy-out houses in a bid to win support for the venture.

The working group, set up by the British Venture Capital Association (BVCA), last week contacted 12 of the UK’s leading private equity houses, including 3i, Apax and Advent, to ensure they will back the move to create free model legal documents.