The French management company LBO France announced on Monday the appointment of Stphanie Casciola as general manager, the beginning of a new stage in the evolution of the governance of the company and its capital.
Present at LBO France since 2003 to develop the real estate activity, Stphanie Casciola is one of the historical personalities of the structure, said the company in a press release.
She began her career in 1999 in the real estate department of Morgan Stanley.
By creating the real estate activity upon her arrival, she actively participated in transforming LBO France into a multi-specialist investment platform, explained LBO France.
The current and emblematic director Robert Daussun sells 30% of the company’s capital but retains the chairmanship and will continue to contribute his experience, his network and his strategic vision.
Mr. Daussun will have implemented a group diversification strategy, with private equity now representing less than half of assets under management.
LBO France has in fact invested in the real estate, debt and equity markets.
History of private equity in France, LBO France has 6 billion euros under management, very far from the giants of the sector like Eurazeo or Ardian.
Through its funds, the company is a shareholder in the Bexley men’s shoe and clothing brand, in the aeronautical equipment manufacturer Crouzet and in Mustache electric bicycles.