L-R: Michaela Viskupičová; Dušan Gladović; Luís Galveias; Rajaa Mekouar-Schneider; Claus Mansfeldt; Credit: LPEA

The new leadership team of the Luxembourg Private Equity and Venture Capital Association (LPEA) took office on Sunday, with Rajaa Mekouar-Schneider as CEO and Claus Mansfeldt as its new President.

This change came into effect on Sunday 1 September 2019, following a board decision in May 2019 that resulted from the previous Managing Director, Paul Junck's announcement that he would retire after ten years at the helm of LPEA.

The association has also expanded its Marketing and Communications team by promoting Luís Galveias to Director and hiring Michaela Viskupičová as a new Events and Communication Manager.

The new leadership of LPEA has the task to develop and implement LPEA’s new strategy, following on from an extensive review the association carried out earlier this year and building on its mission to reinforce Luxembourg’s role as the location of choice for Private Capital investors, whilst providing a platform for relevant parties to connect, learn from each other and stay informed.

Rajaa Mekouar-Schneider, CEO of LPEA, commented: “We spent the last months devising a revamped strategy for LPEA, with the support of our members and the executive team, which will enable the organisation to be even more effective in “matching talent and money”, our motto". Mekouar-Schneider, who previously served as a board member and President of LPEA, added: "My goal is to set the course for 2025, affirming Luxembourg’s role as a hub for Private Capital, thus more than doubling our membership to 500 members, while enhancing relevance of what we do for the many different types of current members our community counts, 220 as we speak, 50% of whom are investors".

For his part, the newly appointed President Claus Mansfeldt stated: “Private Equity is a growing asset class that is appealing to an ever wider range of investors. Ensuring more tailor-made content for members but also broader access to the asset class generally are core commitments for me as President, fully in line with what the executive team led by Rajaa is striving to achieve".