The Luxembourg Private Equity and Venture Capital Association (LPEA) has confirmed that its Executive Committee has appointed Stephane Pesch to become the new CEO of the LPEA with effect from 1 September 2920.
Stephane Pesch joined the LPEA in October 2019 as Director of Strategy after 14 years in business development and sales positions in Luxembourg’s financial centre, many of which in private equity servicing firms through which he was an active member of the LPEA since its foundation. Currently, the newly-appointed CEO leads the coordination of the association’s technical committees, the public advocacy efforts and recently launched the LPEA Academy, a new and strategic initiative to enhance private equity education in Luxembourg.
Stephane Pesch replaces Rajaa Mekouar who led the association for the past year with acclaimed results. Under Rajaa Mekouar’s helm, the LPEA went through significant growth and reached out to new types of members with a particular focus on family offices exposed to private equity. Rajaa Mekouar, who will now focus solely on her role as a private equity investor on behalf of a Luxembourg-based family office, will remain a member of the association and continue to actively contribute to initiatives such as the Private Equity for Women (PE4W), the Single Family Office (SFO) Club and the LPEA Insights conference.
According to Stephane Pesch, “It is a great honour for me to be able to step in Rajaa's footsteps, who did a tremendous job in transforming the association and enlarging our visibility, size and thought leadership. I am also very thankful for the ExCom's endorsement and trust, which will allow us (the team and I) to further develop our strategic initiatives and foster new opportunities for the association and our members”.
On behalf of the Board of the LPEA, the President, Claus Mansfeldt, stated that he is “pleased to welcome Stephane as our new CEO. As a proven executive in the association he is already a great asset for the LPEA. We believe that Stephane, following a period of rapid growth for the association, is uniquely suited to consolidate the many activities and interests of its membership. Stephane is also well positioned to ensure efficient alignment and interaction with our many sister organisations as well as with relevant public bodies, both nationally as well as internationally. We look forward to his naturally positive contributions going forward”.
The LPEA is the representative body of private equity and venture capital professionals in Luxembourg. With 281 members, LPEA plays a leading role in the discussion and development of the investment framework and actively promotes the industry beyond the country’s borders.