On Tuesday, 16 June 2026, the Luxembourg–Poland Chamber of Commerce (LPCC), together with Luxembourg Private Equity Association and L3A, hosted a special joint edition of its traditional Summer Business Party at EY Luxembourg in Kirchberg.
The event combined a full industry-focused conference with an extended evening networking reception, bringing together professionals from across the private equity and venture capital ecosystem. Participants gathered to exchange perspectives on how operating models in the PE/VC fund industry are evolving under the pressure of regulation, scalability demands, investor expectations, and technological transformation.
The afternoon opened with a welcome address by Laurent Capolaghi, Partner and Luxembourg Private Equity Leader at EY Luxembourg, followed by opening remarks from representatives of the partner associations and co-chairs of the LPEA Fund Administration Committee, including Stephanie Atnas and Claude Crauser.
Evolving fund structures: semi-liquid and continuation funds
The first panel focused on semi-liquid fund structures and the operational challenges they create for fund administrators and service providers. Speakers including Jennifer Forges, Silke Bernard, Hélène Noublanche, Kirti Motah and Mickael Tabart discussed best practices around liquidity management, valuation frameworks, and operational alignment across stakeholders.
A second session examined continuation funds and their growing role in portfolio management strategies. Contributions from Usman Khattak, Yves Cheret, George Bagkalas and Stephanie Atnas highlighted structuring trends, governance considerations, and the increasing sophistication of secondary transactions.
Outsourcing, resilience and the role of AI
The third panel addressed outsourcing models in fund operations, with a focus on operational resilience, scalability, regulatory expectations, talent availability, and the accelerating integration of AI. Speakers included Xiaoyi Fang, Hakim Torchi, Laura Kavaliauskaite and Sylwia Toczyska.
The discussion underlined how fund operating models are shifting towards greater standardisation, with outsourcing becoming a strategic lever rather than a purely cost-driven decision.
Standardisation and mutualisation across the industry
The final session explored standardisation and mutualisation as key drivers of efficiency in the alternatives space. Speakers including Andrea Manoli, Maxime Perrin, Colin Owens and Christophe François examined how common frameworks, digital tools and institutional collaboration can reduce complexity and improve consistency across fund operations.
