Responsabilities of the Investment Committee

The Investment Committee consists of representatives of Investors in LMDF, independent sector experts and Directors of the Fund. Its mission is to take decisions relating to the acquisition and disposal of investments as well as all other decisions relating to the management of the Sub-Fund’s portfolio, on the basis of a proposal by the Investment Adviser.


  • Raoul Stefanetti – Chairman
    Banque Internationale à Luxembourg
  • Michel Haas
    Ministry of Finance
  • Thomas Lammar
    Ministry of Foreign Affaires
  • Gilles Franck
    Board member of ADA
  • Anne Contreras 
    Of Counsel Arendt & Medernach
  • Philippe Dardart
    Head of Key clients and UHNW offering at BGL BNP Paribas
  • Kaspar Wansleben
    Luxembourg Microfinance and Development Fund