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      New professional association for the private equity community: LPEA

      New professional association for the private equity community: LPEA

      The Luxembourg private equity and venture capital community turned out in force for the launch of a new professional association to represent its interests in Luxembourg.

      President of the LPEA (Luxembourg Private Equity & Venture Capital Association), Hans-Jürgen Schmitz of Mangrove Capital Partners, explained that many of the world's leading Private Equity houses have established sizable operations in Luxembourg and service providers have set up specialised Private Equity teams. "It was time for Luxembourg to establish its dedicated industry association for Private Equity and Venture Capital."