As a major influencer in Private Equity and Venture Capital on Luxembourgish soil, the LPEA has a lot of pressure to find the right leadership to continue building Luxembourg’s reputation and thus activity in the alternative investments sphere. On July 4th, it did just that. The Board of the Luxembourg Private Equity and Venture Capital Association (LPEA) elected Rajaa Mekouar-Schneider as the new President for 2018-2020.
(Featured Image: Rajaa Mekouar-Schneider, new LPEA’s President, and Paul Junck, LPEA’s Managing Director / Image Credit © LPEA)
What does Madame Mekouar-Schneider bring to the table?
Well, she has a lot of experience. Mrs. Mekouar-Schneider is the Head of Syndicate and part of the Investment Team at Kharis Capital, “a direct investment firm backed by family offices and dedicated to mid-cap consumer markets with offices in Luxembourg, Belgium and Switzerland,” explains LPEA.
“With Rajaa at the head, LPEA is getting quite a range of angles to help tackle alternative investment fund acquisition to the Grand-Duchy.”
She has also been an LPEA board member for the past two years, which means she already knows the ins-and-outs of the internal network. If you attended or heard about the two very successful LPEA Insights Conferences, you can tip your hat to Rajaa, as she mastermined both of them.
Before making the move to Luxembourg in December of 2015, Rajaa Mekouar-Schneider was based in London where she worked in a host of different firms, including Draper Fisher Jurvetson ePlanet Ventures, Lazard European Private Equity Partners, and Change Capital Partners. She spent 15 years spread among the lot. With Rajaa at the head, LPEA is getting quite a range of angles to help tackle alternative investment fund acquisition to the Grand-Duchy.
What will the transition be like?
As she replaced now-former president Jérôme Wittamer, Rajaa Mrs. Mekouar-Schneider recognized the trust instilled in her. “Jérôme believed in [my] ability to succeed him after his four amazing years as well as by Paul Junck, Managing Director and by the LPEA board. It is a true privilege to work with such distinguished professionals and I am convinced we will continue to make the Luxembourg Private Equity community proud and inspire investors further afield to come here,” she said confidently.
“The priority is to “further promote Luxembourg as a hub for Private Equity, particularly for European Union and international investors pondering the idea of establishing investment teams here.”
What can we expect over the next two years?
Rajaa Mekouar-Schneider said it herself. The priority is to “further promote Luxembourg as a hub for Private Equity, particularly for European Union and international investors pondering the idea of establishing investment teams here. These range from established funds and niche players, to Family Offices and entrepreneurs. The same goes for the trusted advisors and service providers. LPEA can greatly contribute to this objective given its active role within the Private Equity community and Luxembourg deserves to be at the center of the map.”
“But given Rajaa’s demonstrations with the two Insights Conferences, we expect great things.”
This has always been LPEA’s mission and speaks to Rajaa’s modesty. But given Rajaa’s demonstrations with the two Insights Conferences, we expect great things.
A New Executive Committee too!
The Board meeting also elected the Executive Committee of LPEA which is now composed of Rajaa Mekouar-Schneider (Kharis Capital) as President, Jérôme Wittamer (Expon Capital) and Olivier Coekelbergs (EY) as the Vice-Presidents of the association, Eckart Vogler (Bi-Invest Advisors/ InvestIndustrial) as Treasurer, Emanuela Brero (CVC Capital Parners), Antoine Clauzel (3i Investments Luxembourg), Claus Mansfeldt (SwanCap Investment Management) and Hans-Jürgen Schmitz (Mangrove Capital Partners/ Honorary President of the LPEA) as members representing General Partners and Gilles Dusemon (Arendt & Medernach), Peter Myners (Allen & Overy), Nick Tabone (Deloitte) and Serge Weyland (Edmond de Rothschild Asset Management) representing the service providers and Paul Junck as Managing Director of LPEA.