LPEA Insights Fundraising 2022

This year’s LPEA Insights conference will focus on Fundraising and how Luxembourg is shaping its way into a European hub for Investor Relations. Join this event designed by and for GPs and LPs, a gathering that is at the same time the perfect meeting point for all Private Equity and Venture Capital practitioners. 

SPEAKERS

Claus Mansfeldt, President of LPEA and Chairman & Managing Director of SwanCap Investment Management S.A.

Claus Mansfeldt is the executive Chairman of SwanCap’s regulated AIFM management company in Luxembourg. SwanCap is a specialised private equity funds and co-investments manager. Prior to co-founding SwanCap in 2013, Claus worked for 25 years in a wide range of investment banking and private equity related functions at UniCredit and Nomura in London, most recently heading UniCredit’s Principal Investments unit there. He is also the President of the LPEA since 2018. Claus holds a B.Sc. (Econ) from the London School of Economics & Political Science (LSE).

Gilles Dusemon, Member of LPEA’s Executive Committee

Gilles Dusemon is a Partner in the Private Equity & Real Estate practice of Arendt & Medernach. He specialises in the formation of alternative investment funds (AIF). He is qualified in corporate and tax law matters with a special interest in private equity, venture capital, private debt, infrastructure, real estate funds and related acquisition structures. He has been a member of the Luxembourg Bar since 1997. Gilles Dusemon is actively involved with the Association of the Luxembourg Fund Industry (ALFI). He serves as co-chairman of ALFI's Private Equity and Venture Capital Working Group. He is also a founding member of LPEA, the Luxembourg Private Equity and Venture Capital Association, and is sitting on its Executive Board. He is also a member of the Legal & Regulatory Committee of Invest Europe (Brussels) and former chair (2019-2020).

Laurent Hengesch, Founding Partner of Ilavska Vuillermoz Capital

Laurent Hengesch is a Luxembourgish investor and founding partner of Ilavska Vuillermoz Capital (IVC), which he founded in 2019. Within three years IVC developed into one of the leading Luxembourg-founded private equity firms and one of the fastest-growing FinTech investors in Europe. During his career, Laurent focused on acting as an advisor to European UHNWI, as well as corporations and governments, while working as Head of Business Development at M.M. Warburg & CO Bank and family offices in Europe. He studied economics in Berlin and the US.

Martine Kerschenmeyer, Director of Advent International Fund Manager

Martine joined Advent in 2021 to support fundraising and investor relations activities in Continental Europe. Martine joins from Korn Ferry where she set up the Luxembourg office in 2018 as a Senior Client Partner. Prior to Korn Ferry, Martine spent 18 years in the financial services industry in London focusing on private equity and alternative assets fundraising, most recently as a Director at BlackRock, in charge of business development for the private equity group in EMEA. Prior to this, she was an Investment Director at SL Capital Partners, responsible for private equity business development in Continental Europe. Before her role at SL Capital, Martine was a Vice President at Morgan Stanley, responsible for business development in EMEA and APAC for private equity and hedge funds. She started her career as an Associate at JP Morgan in the Equity Derivatives business. Martine holds an LLM in International Commercial and Comparative Law from King’s College London and a D.E.A (Diplôme d’Etudes Appliquées) in International Business Law from the Université Panthéon-Assas (Paris II) in France. Martine has also completed the Harvard Business School Executive Program for Private Equity and Venture Capital and is a CFA Charterholder.

Katalin Gallyas, Managing Director of c*funds

Katalin is an experienced fund placement agent for AIF funds. 15+ years of fundraising experience and a strong background in closing deals. Rich network in Private Equity (VC’s, growth, debt venture funds and LP’s, HNWI’s, FoF’s, Family offices). Proud of making c*funds happen, managing the fund sales processes and the daily tasks of managing its energetic team in the Netherlands.

Stephane Pesch, CEO of LPEA

Stéphane Pesch is the CEO of the LPEA since September 2020, which he actively joined in October 2019 as "Strategy Director" after 14 years of activity in the field of financial services and more particularly in investment funds. Initially focusing on UCITS, Stephane gradually moved to alternative funds within various custodian banks and PSFs of the place such as Apex, Ipes, KBL European Private Bankers, BNP Paribas, among others. Stephane holds a Master in Economics and Finance from the University of Nancy 2.

Hélène Noublanche, Investor Relations Manager, Coller Capital

Hélène is a Manager in the Investor Relations team, currently seconded to Sanne LIS in Luxembourg. Prior to joining Coller Capital in 2021, Hélène worked as a Finance Manager in H.I.G. Capital's Finance team in Luxembourg. Hélène has an MSc in Finance from IESEG, School of Management.

Gregory Fayolle, Founder and Managing Director of Oraxys

Gregory is the founder and Managing Director of ORAXYS, a leading Luxembourg-based Private Equity firm that is an expert in European growth capital and environmental impact investment. Previously Gregory worked in Private Equity at Societe Generale Asset Management and in Mergers & Acquisitions at Andersen Corporate Finance. He has a 15 years background of deals in France, Benelux, Switzerland, England and in the United States. Moreover, Gregory has been responsible for 2 years of the Environment sector at the French Ministry of Economy in Thailand.

Mathieu Perfetti, Head of Private Equity, Threestones Capital

Over 13 years of experience within the private equity industry. Prior to joining Threestones Capital in 2021, Mathieu Perfetti was Conducting officer & Head of Private Markets & Alternatives at CA Indosuez Wealth (Asset Management) in Luxembourg. From 2012 to 2018, Mathieu was heading Indosuez Wealth Management’s Private Equity platform in Asia from Singapore. Previously, he was Investment Manager at Indosuez based in Switzerland. Mathieu started his career in France as an Investment Analyst with the fund team of Ardian (fka AXA Private Equity) and then with the VC fund manager Alto Invest. Mathieu holds a post-graduate Master’s Degree in Corporate Finance from EMLYON Business School and a Master’s Degree in Finance from Paris Nanterre University.

Joaquín Alexandre Ruiz Tarrém, Head of Secondaries at European Investment Fund

Joaquín has been with the EIF since 2008, and has invested over EUR 1.3bn in VC, buyouts, growth and credit funds, through primaries, co-investments and secondaries. As an intrapreneur, Joaquin has been instrument in the design, implementation and deployment of several investment programmes: in 2014-15 he co-developed and deployed a EUR 100m pilot co-investment programme named the Mezzanine Co-investment Facility, under which 16 co-investments were closed alongside hybrid debt equity funds in the EIF portfolio; in 2016, Joaquin developed the first pilot secondaries buy-side programme at EIF, committing EUR 133m from EIF’s balance sheet in different GP-led and LP-led transactions; and in late 2021, achieved the first close of the European Secondaries Compartment, a EUR 100m Secondaries Fund (which is part of EIF’s private institutional offering – AMUF – and still open to fundraise) targeting mostly different types of GP-led solutions. Since 2019, his team is also in charge of running EIF’s annual portfolio sales of LP interests, focusing on NAV EUR 200m+ transactions. Regular speaker at SuperReturn, Super-Investor conferences. Fluent in Spanish, French and English. Prior experience at PwC and Levy Gee.

Julien Marencic Founding, Partner of Jera Capital

Julien is a Founding Partner of Jera Capital and has 20 years of private equity experience, having worked as an adviser, secondary buyer and portfolio manager in London, Zug (Switzerland) and Copenhagen.

Caroline Kragerud, Head Of Investor Relations at Cube Infrastructure Managers

Caroline has more than 15 years of experience within the infrastructure space. She joined Cube Infrastructure Managers in 2010 where she worked in the investment team and since 2015 Caroline Head of Investor Relations. In that role, she leads and coordinates the firm’s investor relations efforts as well as the firm’s global fundraising activities. Cube IM’s AUM has in the last 4 years increased from €1.1 billion to €4 billion with three additional funds being raised – Cube Infrastructure Fund II, Cube Infrastructure Fund III, and Connecting Europe Broadband Fund. Before joining Cube IM, Caroline spent 8 years in different infrastructure companies on the “operational side” with an experience as a senior financial business controller supervising activities in Scandinavia, Germany, and eastern Europe. Caroline holds an M.Sc. in Financial Management from the Stockholm School of Economics.

Franz Gaul, Max Planck Foundation

Franz served as the Chief Investment Officer of the Max Planck Foundation in Munich from 2008 to 2021. He was the first employee at the foundation and built a broadly diversified, global portfolio across traditional and alternative asset classes. Franz previously worked for a private corporation managing the financial department and was a portfolio manager with BTV, a Munich based family office. He has carried out investment and operational due diligence on more than 200 funds since 1999.

Debbie Eidelman, Head of Investor Relations and Fundraising at PER

Debbie has 13 years of experience placing Investor Relations professionals within private markets funds. She started her career at PER as a generalist private markets consultant and through her tenure, she has made hundreds of placements within investor relations and investment teams at private equity funds, secondaries, direct investment, and co-investment teams. Prior to PER, Debbie was within the wealth management business at Citi.

AGENDA

Fundraising Showcase

The Insights conference is the meeting point of LPs and GPs in Luxembourg. As we highlight in this edition the changing landscape of Fundraising and Investor Relations, we take the opportunity to give the floor to Luxembourg-based managers willing to present their upcoming funds.

For more information contact [email protected]
This initiative is exclusive to LPEA members.

What are the foundations to create a fundraising hub?

Luxembourg is a big office for Advent in Europe with over 60 people in Finance, Operations as well as an investment team already on the ground. Distribution was a natural addition especially in light of Brexit and the change in distribution rules to EEA investors. Our distribution team is global with offices in the US, UK and Europe, including Luxembourg.
Martine Kerschenmeyer
Director, Advent International Fund Manager
Thursday, August 31, 2017
The foundations to create a fundraising hub are first having the right team in place. A team that is, able to represent the Fund and to market it to the appropriate investors. To me, it is essential to develop the expertise of the internal Investor Relations team.These persons should be part of a in-house global team, which co-operates daily with other key functions of a GP, ie Compliance, Legal, Finance, Marketing and of course with the investment team .The other fundamental is the regulatory part. This is the main starting point to be able to fundraise and this should be taken into considerations from before the beginning until the end of the fundraising. In the past years, Luxembourg entities focused on Risks, Compliance and Finance. This is now time to further develop an IR focus and Luxembourg will become a significant fundraising hub.
Hélène Noublanche
Investor Relation Manager, Coller Capital
Thursday, August 31, 2017
To keep the competitive advantage with the robust and international legal and tax framework To be ahead in terms of expertise and track record in ESG To increase links between the different communities of funds (private equity, hedge, listed companies, etc)
Gregory Fayolle
Founder and Managing Director, Oraxys

Creating a Fundraising Hub

LPEA Insights 2022: Fundraising - Mathieu Perfetti
LPEA Insights 2022: Fundraising - Mathieu Perfetti
LPEA Insights 2022: Fundraising - Helene Noublanche
LPEA Insights 2022: Fundraising - Helene Noublanche

Last Year's Edition in Photos

The main message coming out of this is that even if this private equity and venture capital investors are not interested in the space sector perse technologies coming out of it are going to start being used by organizations across a whole range of sectors and so just about every company going into the future is going to use space and so it's important that everybody pay attention to the trends that are happening here and appreciate how it's going to shape everyone's life on earth going into the future.
Theresa Condor
COO and Board of Directors at Spire Global
Thursday, August 31, 2017
Increasingly those private companies are interacting with the digital world in the same way public companies are generating huge amounts of information from their customers and from their activities, this creates a significant opportunity to blend a systematic data-driven approach alongside a fundamental in-depth analysis of growth opportunities.
David Wright
Head of Product Strategy, EMEA, SAE at BlackRock
Thursday, August 31, 2017
I think we should really really get inspired by all these companies smaller or big companies to understand how they manage to innovate and add some new technology and change their processes their operational processes.
Solenne Niedercorn-Desouches
Fabric Ventures, Senior Advisor at NED
We see the market evolving to data transformation and clearly, the pioneer and the leader for tomorrow will be the ones to embrace the data vacation but also have the ability to discuss with their partner so the asset owner and the asset manager or the asset manager and the asset servicer to work on a common and collaborative platform.
Pierre Marie Nowaczyk
Strategic Relationship Manager at BlackRock
Thursday, August 31, 2017

Sponsors

LPs/GPs already registered in the conference:

3i Investments (Luxembourg) SA, Advent International, Antwort Capital, Apollo, Astorg Asset Management, BIP Capital Partners, BlackRock, Cedrus & Partners, Cinven, Cinven Luxembourg S.à r.l., CIPIO Partners sàrl, Coller Capital, Cube Infrastructure Managers, EIB, EIF, Encevo, EQT, Equinox AIFM, European Investment Fund, Fremman Capital, Fuchs et Associés Finance, Fysis Specialized Asset Management SARL, GENII Capital, GP Bullhound, H.I.G. Global Holdings, IK Investment Partners, Ilavska Vuillermoz Capital, ImmoFinRE, Jera Capital, LBAN, LeztGrow LP, Luxempart, Mangrove Capital Partners S.A., Mantra Management, Marguerite, Max Planck Foundation, MC SQUARE SA, MiddleGame Ventures, MYN Capital Partners Ltd. | NMI Partners, NNS, Oraxys, Permira Management Sàrl, R+V AIFM Sarl, Redbrick Investments, Sigma Ventures SA, Sofina, Stoll Group SARL, SwanCap Investment Management, Telouet SA, Three Hills Capital Partners, Threestones Capital, Titanbay, We Invest Capital Partners, WEALINS, WRM Group.