The Institute for Global Financial Integrity

The thirty-fourth Luxembourg Monthly Finance Lunch

The Institute for Global Financial Integrity

takes pleasure in informing you that

Richard Pelly

Outgoing Chief Executive Officer, European Investment Fund

will speak on

"Myths and Reality in the Private Equity Market"

at the thirty‐fourth Luxembourg Monthly Finance Lunch


on Wednesday 2 April 2014 at the Cercle Munster




About this month’s speaker

Richard Pelly is the outgoing Chief Executive of the European Investment Fund (EIF) seated in Luxembourg which is dedicated to enhancing access to finance for micro, small and medium-sized enterprises across Europe. Over the last few years of economic recession, he has successfully expanded EIF’s countercyclical role and more than doubled its impact on the provision of finance for growth and innovation. Under Richard Pelly’s leadership, the EIF has not only broadened its geographical reach but also considerably developed its product range to meet existing market needs and to help develop the venture and growth capital markets across Europe, as well as bank lending to SMEs.

Before joining the EIF in April 2008, Richard Pelly was Managing Director of Structured Asset Finance at Lloyds TSB Bank in London from 2005-2007 where he forged a 160 person strong team providing project, property and asset finance on a global basis. From 1998-2005, he worked for GE, first as Chairman and CEO of Budapest Bank in Hungary and then as CEO of UK Business Finance within GE Commercial Finance. Prior to his career at GE, Richard Pelly was working for Barclays Bank in various functions in the UK and in France from 1977-1997, including Business Development, Corporate Finance, Structured Finance and Retail Banking.

Richard Pelly holds an Honours degree in Psychology from Durham University, a Diploma from the Institute of Bankers and obtained an MBA with distinction from INSEAD Fontainebleau. In 2003, he was awarded an OBE in the Queen’s Honours List for Services to the Community in Hungary.

Richard Pelly is married with three children and is active in various voluntary sector organisations.


Drinks are served starting at 11:30 h. The guest speaker will commence at 12:15 h.

Lunch at 50 € per person, to be paid prior to lunch on TIGFI account: BCEELULL LU06 0019 3055 2757 2000

Registration on only. Click here to register

A no show policy will be enforced.

Journalists are welcome to attend the talk only without payment or to take lunch as regular paying guests.


Next events



Here are the upcoming TIGFI events:

2nd April 2014, Richard Pelly, Outgoing Chief Executive Officer, European Investment Fund: "Myths and Reality in the Private Equity Market"

12th March 2014, Martin Kreutner, Dean and Executive Secretary of the International Anti-Corruption Academy (IACA):"The Global Anti‐Corruption Agenda – Wishful thinking?"


Past events:

20th November 2013, Kevin Cardiff, Member of the European Court of Auditors: "Ethics, values and personal behaviour in a crisis"

16th October 2013, Guy Rapaille, Président, Comité Permanent de Contrôle desservices de renseignement et de sécurité: "Considerations on the threats against the markets and businessmen"

12th September 2013, Paul Mercier, Adviser to the Board, Banque Centrale du Luxembourg: "Central Bank Independence: Some thoughts", complete text of the speech in the section Resources/Publications

23rd April 2013, from 16:00 to 18:30, workshop about "Investment in the Knowledge Economy - Governance Rules and Metrics for Sustainable Growth"

10th April 2013, Wijnand Nuijts, Manager in the Supervision area at De Nederlandsche Bank (the Dutch Central Bank): "Supervising the culture, organisational behaviour and integrity of financial institutions"

21st March 2013, David Clark, Director and Chairman of the Executive Committee of The Institute for Global Financial Integrity: "LIBOR: My part in its downfall"

5th February 2013, Erkki Liikanen, Governor of the Bank of Finland: "The Financial Crisis and Bankings Reforms"
17th January 2013,Judith Hardt ,Secretary General of the Federation of European Securities Exchanges (FESE): "The Impact of Dodd‐Frank, EMIR and MiFID on Financial Market Integrity"

21st November 2012, Pierre Gramenga, Director General of the Luxembourg Chamber of Commerce: "Sovereignty requires financial independence”

7th November 2012, from 10:00 a.m. to 4:00 p.m. workshop about "Business Ethics: Understanding – Implementing – and Monitoring". Core sessions will be led by Philippa Foster Back OBE, Director of the Business Ethics Institute, London.

13th September 2012, Hans - Martin Buhlmann, CEO of the VIP Vereinigung Institutioneller Privatanleger e.V. (Association of Institutional Shareholders): “Shareholder rights and responsibilities − the investor's view”

20th June 2012 Louise Bang Jespersen, Ambassador of Denmark,"The Danish Presidency: Progress towards stability and integrity "

15th May 2012 Robert Dennewald, President of the business federation Fedil

25th April 2012 Huseyin Erkan, Former Chairman and CEO at the Istanbul Stock Exchange

14th March 2012: Philippa Foster Back, Director of the Institute of Business Ethics, London. "Ethics, Finance and Culture: How to regain public trust"

15th February 2012: René Karsenti, President of the International Capital Market Association, "Ethics and the European Financial Markets"

16th November 2011: Ricardo Sanchez-Serrano, Executive Director of Fidelis International Institute, Rome. “Is greed all you need? -What can the Catholic Church teach the business world?”

12th October 2011: Jean Guill, Integrity and the financial centre: some thoughts from the regulator

12th September 2011: François Biltgen, FATF/GAFI: The last year in legislative changes

13th July 2011: Jean Labrique, The geopolitical situation in North Africa and the Middle East: Economic and Compliance Implications

24th May 2011: Charles Hamer, Fostering governance at an international private bank: A practical experience

14th March 2011: Dr. Wolfgang Hetzer, Anti-Corruption Advisor to the Director General of OLAF

31st January 2011: David Wright, formerly Deputy Director General, Internal Markets Directorate, European Commission and currently Research Fellow, St. Antony’s College, Oxford

25th of November 2010: Peter Bateman, Her Britannic Majesty‘s Ambassador to Luxembourg