Following its Annual General Meeting (AGM) held on Tuesday, the Luxembourg Private Equity & Venture Capital Association (LPEA) has announced the election of ten new members to its Board of Directors.
Serving a first mandate in the Board of the LPEA are two major investors: Apollo Global Management, one of the biggest Private Equity firms globally with $81 billion of Assets under Management (AUM), represented by Fabrice Jeusette; and Luxempart, a leading Luxembourg investment group founded in 1988 and listed on the Luxembourg Stock Exchange (LuxSE), represented by Olaf Kordes. Both are full members of the Board.
The other eight ten newly elected members of LPEA's 30-member Board are:
Full Members (general or limited partners, family offices)
- BI-Invest Endowment (Investindustrial), represented by Eckart Vogler
- Expon Capital, represented by Jerome Wittamer
Associate Members (service providers)
- Allen & Overy, represented by Patrick Mischo
- Deloitte, represented by Nick Tabone
- Elvinger Hoss Prussen, represented by Joachim Cour
- KPMG, represented by Mickael Tabart
- Linklaters, represented by Nicolas Gauzès
- TMF, represented by Anja Grenner
The AGM revamped the Board of the association and highlighted how the LPEA overcame a challenging 2020 vintage after having to halt many of its activities focused on physical gatherings. The LPEA was quick to innovate and adapt to digital events closing the year with 58 webinars, interviews and the launch of a much anticipated training academy focused on private equity and venture capital.
The membership of the LPEA increased by 48 members to a total of nearly 300, most of which represent fund managers and independent directors.
Stephane Pesch, CEO of the LPEA, commented: “Despite a complicated year due to the C-19 pandemic, I am very proud of the LPEA’s track record, resilience, agility and efficient team work which allowed us to pursue our mission with passion and new means of communication (digitalisation)".
He also congratulated and welcome new and existing members of the Board, which elects ten new members annually for a three-year term.