Investment Team

Wendel’s Investment Team is made up of women and men of various and complementary profiles. The members are located in Wendel’s Paris and New York office. They are helped by the experience and network of Wendel’s Senior Advisors.

MOSAIQUE_WORDAY_125_Jerome-Michiels_WENDEL
Jérôme Michiels
Executive Vice-President
Chief Financial Officer
Director of Wendel Growth

Board Member of Bureau Veritas

MOSAIQUE_WORDAY_127_Felicie-Thion-de-la-Chaume_WENDEL
Félicie Thion de la Chaume
Executive Vice-President
Managing Director

Board Member of Stahl

MOSAIQUE_WORDAY_24_WENDEL
Adam Reinmann
Managing Director
CEO of Wendel North America

Chairman of the Board of ACAMS and Crisis Prevention Institute

MOSAIQUE_WORDAY_13_WENDEL
Harper Mates
Managing Director

Board Member of ACAMS and Crisis Prevention Institute
Member of Wendel’s Supervisory Board as employee representative

charles-goulet-wendel
Charles Goulet
Managing Director

Board Member of Tarkett Participation

MOSAIQUE_WORDAY_77_WENDEL
Xavier Lemonnier
Managing Director

Board Member of Stahl

MOSAIQUE_WORDAY_6_WENDEL
Constance d’Avout
Director

Board Member of Constantia Flexibles

MOSAIQUE_WORDAY_12_WENDEL
Jamie Fletcher
Director

Board Member of ACAMS

mosaique-wendel-stefan-leon
Stefan Leon
Principal
3
Sarah Masson
Principal
mosaique-worday-162-wendel
William Nottin
Principal
mosaique-worday-90-wendel-elisa-philip
Elisa Philip
Principal
mosaique-worday-107-wendel-allison-fong
Allison Fong
Associate
mosaique-worday-149-mathilde-liret-wendel
Mathilde Liret
Associate
tristan-rougevin-baville
Tristan Rougevin-Baville
Associate
mosaique-worday-110-wendel-minja-zhong
Minjia Zhong
Associate
workday
Josh Wertzberger
Associate
MOSAIQUE_WORDAY_125_Jerome-Michiels_WENDEL
Jérôme Michiels
Executive Vice-President
Chief Financial Officer
Director of Wendel Growth

Board Member of Bureau Veritas

Jérôme Michiels is the Group’s Executive Vice-President and CFO. He is also Director of Wendel Growth, member of Wendel’s Management Committee and a voting member of the Investment and Development Committee. He joined Wendel in 2006. He is a Board Member of Bureau Veritas.

Jérôme joined Wendel at the end of 2006 as Investment Director and was promoted to Director in January 2010. He was appointed Managing Director on January 1, 2012 and joined the Investment Committee at this date.  Jérôme was appointed Executive Vice-President on September 11, 2019, after being appointed Chief Financial Officer of the Wendel group on October 1, 2015.

From 2002 to 2006, he was an Associate at the investment fund BC Partners. Prior to that, he worked as a consultant at Boston Consulting Group from 1999 to 2002, carrying out strategic missions in Europe, particularly in the fields of distribution, transportation, telecommunications and financial services.

Jérôme is a graduate of HEC.

MOSAIQUE_WORDAY_127_Felicie-Thion-de-la-Chaume_WENDEL
Félicie Thion de la Chaume
Executive Vice-President
Managing Director

Board Member of Stahl

Félicie Thion de la Chaume is an Executive Vice-President and Managing Director. She is a member of the Investment and Development Committee and the Management Committee and a Board Member of Stahl. She joined Wendel in 2007, as an Associate part of the Paris investment team.

Félicie started her career at Goldman Sachs on the firm’s French M&A team between 2003 to 2006.
Since she joined Wendel, she has been involved in several transactions including Deutsch Group, Helikos, Saham and Stahl.

Félicie relocated to the United Kingdom in 2016 to contribute to the opening of the London office, an office which she later headed until 2020.

In September 2019, Félicie was promoted to Executive Vice-President. Since September 2020, Félicie has joined the Paris investment team in line with the Group’s strategy to concentrate its teams in France, Luxembourg and New York.

She is a graduate of ESCP Europe.

MOSAIQUE_WORDAY_24_WENDEL
Adam Reinmann
Managing Director
CEO of Wendel North America

Chairman of the Board of ACAMS and Crisis Prevention Institute

Adam Reinmann is the CEO and founding member of Wendel’s New York office, which he helped open in 2013.  Adam currently serves as a member of Wendel’s Investment Committee and as Chairman of the Board for ACAMS and Crisis Prevention Institute, and previously as a Board member for CSP Technologies, Inc. and Allied Universal.

Prior to joining Wendel, Adam worked at Onex Corporation where he was actively involved in several successful private equity investments and also served as Chief of Staff to the CEO of Onex-controlled Celestia, Inc.

Adam began his career at JPMorgan’s investment banking group in New York.

Adam has a B.S. in Management from Binghamton University and an MBA from Columbia University.

MOSAIQUE_WORDAY_13_WENDEL
Harper Mates
Managing Director

Board Member of ACAMS and Crisis Prevention Institute
Member of Wendel’s Supervisory Board as employee representative

Harper Mates is a Managing Director. She is a member of the Investment and Development Committee. Harper is a member of Wendel’s Supervisory Board as an employee representative and is a Board Member of ACAMS and the Crisis Prevention Institute. She joined Wendel in 2015.

Prior to joining the Wendel New York office, Harper was a Vice President at MidOcean Partners, a US-based middle market private equity firm where she was responsible for investments in the business services, media and consumer services sectors.

She began her career at J.P. Morgan as an Investment Banking Analyst and then Citi Private Equity as an Associate.

Harper holds an MBA from Harvard Business School.

charles-goulet-wendel
Charles Goulet
Managing Director

Board Member of Tarkett Participation

Charles Goulet is a Managing Director based in Paris. He joined Wendel in 2010. He is a Board Member of Tarkett Participation.

Before joining Wendel, Charles was an Analyst at Ardian (former AXA Private Equity) from 2008 to 2010 in London, then in Paris in the Private Debt and fund-of-funds teams.

He had previously worked at Neo Investment Partners, a small and mid-cap LBO fund based in London as well as at HSBC in financial accounting in India.

Charles is a graduate of ESSEC Business School and holds a degree in Law.

MOSAIQUE_WORDAY_77_WENDEL
Xavier Lemonnier
Managing Director

Board Member of Stahl

Xavier Lemonnier is a Managing Director in the Investment team. He joined Wendel in 2018 and is based in Paris. He is a Board member of Stahl and a member of the team managing the investment in Bureau Veritas.

Prior to joining Wendel, Xavier worked for nine years at BC Partners, in Paris and most recently London, where he was involved in numerous investments across Europe, in a variety of sectors notably Consumer & Retail and Financial Services. Xavier started his career in 2008 at Merrill Lynch’s investment banking group where he worked on cross-border transactions involving French clients.

Xavier is a graduate of École Polytechnique and ENSAE ParisTech.

MOSAIQUE_WORDAY_6_WENDEL
Constance d’Avout
Director

Board Member of Constantia Flexibles

Constance d’Avout is a Director on the Investment Team in Paris. She joined Wendel in 2020. She is a Board Member of Constantia Flexibles.

Prior to joining us, Constance worked as an Investment Executive at Silverfleet Capital in Paris for two years.

She started her career as an Equity Research Analyst at Crédit Agricole Cheuvreux. Then, Constance worked for six years in London, as an M&A Analyst for the investment bank Moelis & Company and as an Associate for EQT Partners.

Constance holds an MSc in Management from EM Lyon Business School.

MOSAIQUE_WORDAY_12_WENDEL
Jamie Fletcher
Director

Board Member of ACAMS

Jamie Fletcher is a Director on the Investment Team in Wendel’s New York office and a Board Member of ACAMS. He joined Wendel in 2014.

Before joining Wendel, Jamie was an Associate in the merchant banking group at Macquarie Capital in New York.

Prior to Macquarie, Jamie graduated cum laude from Yale University with a Bachelor of Arts in Economics with Distinction.

mosaique-wendel-stefan-leon
Stefan Leon
Principal

Stefan Leon is a Principal in Wendel’s New York office. He joined Wendel in 2022.

Stefan began his career as an Analyst at BB&T Capital Markets before working for Raymond James Financial, Inc.

He then joined ACON Investments LLC in Washington, D.C. as an Analyst and then as an Associate before being promoted to Principal, a position he has held since 2020.

Stefan holds a Bachelor of Science, majoring in Finance from the University of Maryland.

3
Sarah Masson
Principal

Sarah Masson is a Principal on the Investment Team in Paris. She joined Wendel in 2021.  

Prior to joining Wendel, Sarah worked for three years at Bpifrance Investissement, first as an Investment Manager and then as a Senior Investment Manager. She began her career at Duff & Phelps as an Analyst. She then worked for three years at DC Advisory where she was an M&A Associate before being promoted to manager.

Sarah holds a Master of Science in Corporate Finance from EDHEC Business School.

mosaique-worday-162-wendel
William Nottin
Principal

William Nottin is a Principal on the Investment Team in Paris. He joined Wendel in 2018.  

After an internship at Total Energie Gaz as a financial controller, he had a series of experiences as an Analyst: first in London for Tikehau Investment Management, then back in Paris at Technip and Artemis – Financière Pinault.

William graduated from ESCP Europe in 2017, with a specialisation in Entrepreneurship.

mosaique-worday-90-wendel-elisa-philip
Elisa Philip
Principal

Elisa Philip is a Principal on the Investment Team in Paris. She joined Wendel in 2018.  

Prior to joining Wendel, Elisa worked at the Estin & Co as a Strategy Consultant. In previous years she completed internships at Quadrille Capital, Ardian and BNP Paribas.

Elisa holds a degree in Management from HEC.

mosaique-worday-107-wendel-allison-fong
Allison Fong
Associate

Allison Fong is an Associate on the Investment Team in the New York office. She joined Wendel in 2020. 

Prior to joining Wendel, Allison worked for three years as an Investment Banking Analyst for RBC Capital Markets in New York.

Allison holds a Bachelor in Science in Applied Economics and Management from Cornell University.

mosaique-worday-149-mathilde-liret-wendel
Mathilde Liret
Associate

Mathilde Liret is part of the Investment Team in Paris as an Associate. She joined Wendel in 2021.

Prior to joining Wendel, Mathilde worked for three and a half years at Rothschild & Cie in Paris, first as an Investment Banking Analyst Intern, then as an Investment Banking Analyst and finally as an Investment Banking Associate. She also completed two internships, working as a Junior Financial Controller at LVMH and then at Carrefour.

Mathilde holds a master’s degree in Finance and Strategy from Sciences Po Paris.

tristan-rougevin-baville
Tristan Rougevin-Baville
Associate

Tristan Rougevin-Baville is part of the Investment Team in Paris as an Associate. He joined Wendel in 2021.

Prior to joining Wendel, Tristan was a Consultant at Bain & Company for 3 years. He also completed several internships, first in the Global Financial Advisory team at Rothschild & Cie in Paris, then at Zalora Thailand (investment from Rocket Internet) in Bangkok as a Business Analyst and finally as a Private Equity Analyst at Cinven.

Tristan graduated from HEC and holds a degree in Mathematics from the University of Paris 1 Pantheon-Sorbonne.

mosaique-worday-110-wendel-minja-zhong
Minjia Zhong
Associate

Minjia Zhong is an Associate on the Investment Team in the the New York office. She joined Wendel in 2020.

Prior to joining Wendel, Minjia worked as a Research Analyst for the Carnegie Endowment for International Peace in Washington and Brussels. She also worked for two years as an Associate Consultant for Bain & Company in Los Angeles.

Minjia holds a B.S in Mathematical and Computational Sciences with honors in International Security Studies and a B.A in French Studies from Stanford University.

workday
Josh Wertzberger
Associate

Josh Wertzberger is an Associate on the Investment Team in the New York office. He joined Wendel in 2021.

Prior to joining Wendel, Josh worked at EY-Parthenon as an Associate for more than 2 years, and was previously the Chief Investment Officer and co-founder of Colonnade Capital Partners, a student-created fund which he was involved in for almost 3 years.

Josh holds a Bachelor of Science in Commerce (Finance and Management) from the University of Virginia.

Operating Partners
MOSAIQUE_WORDAY_123_Jerome-Richard_WENDEL
Jérôme Richard
Operating Partner
Co-Head of the Operating team

Board Member of Constantia Flexibles and CPI

david-varet
David Varet
Operating Partner
Co-Head of the Operating team

Board Member of Stahl

MOSAIQUE_WORDAY_81_WENDEL
Michel Tournier
IT Operating Partner
IT Strategy and Digital Transformation Wendel SE
MOSAIQUE_WORDAY_123_Jerome-Richard_WENDEL
Jérôme Richard
Operating Partner
Co-Head of the Operating team

Board Member of Constantia Flexibles and CPI

Jérôme Richard is Operating Partner. He joined Wendel in 2019. Jérôme is a Board Member of Constantia Flexibles and CPI. 

Alongside the investment team, he works closely with the senior management of our portfolio companies, including Constantia Flexibles and CPI.

Jérôme began his career at Boston Consulting Group during eight years in France and in the USA, developing expertise in operational transformation and turnaround, mainly in the healthcare and industrial sectors. He was also the recruiting Director of the Paris office. In 2010, Jérôme joined Schneider Electric as a Vice President and took-on leadership positions in purchasing then in sales & business development. In 2016, Jérôme was appointed CEO of John Paul (sold afterwards to Accor), a leading concierge services start-up supported by cutting edge technology to help brands reinventing customer experience.

Jérôme graduated from CentraleSupélec in 2002 (Master of Sciences).

david-varet
David Varet
Operating Partner
Co-Head of the Operating team

Board Member of Stahl

David Varet joined Wendel as an Operating Partner. David is based in Paris and reports to the Executive Board. He joined Wendel in 2021. He is a Board Member of Stahl.

Alongside the investment team, he works closely with the senior management of our portfolio companies.

Prior to joining Wendel, David was the General Manager of Homebox in Paris for 8 years. He started his career as a Senior Technology Consultant in the IT Division of Capgemini. Then, David worked for the group PSA for 5 years, first as an International Project Manager in logistics and distribution and then as a Worldwide Pricing Manager (parts and accessories). He then worked for 5 years at Boston Consulting Group, a global management consulting firm which he left as a Principal.

David is a graduate of École Polytechnique and École des Mines de Paris.

MOSAIQUE_WORDAY_81_WENDEL
Michel Tournier
IT Operating Partner
IT Strategy and Digital Transformation Wendel SE

Michel Tournier is IT Operating Partner, IT Strategy and Digital Transformation Manager Wendel SE. He joined Wendel in 2019.

Prior to joining Wendel, Michel was Head of IT – Technology Core Solution Group | EMEA/APAC at Ingram Micro Commerce & Lifecycle Services.

Michel has over 25 years’ experience in Technology management across several industry sectors. He began his career in 1996 at Cofidis, where he participated in the establishment of subsidiaries in Portugal and Argentina for 5 years.

Then, after 3 years in Louis Vuitton in Latin America as MIS Manager and several roles handled for the next 8 years at Shiseido group, he joined ANOVO as Group CIO late 2012. After 3 years of intense centralization, optimization and restructuring, Ingram Micro acquired ANOVO.

Wendel Growth
MOSAIQUE_WORDAY_133_Chris_Witherspoon_WENDEL
Christopher Witherspoon
Leader of the fund investment activity of Wendel Growth
mosaique-worday-170-wendel
Antoine Izsak
Head of Growth Equity at Wendel Growth
mosaique-worday-diane-schiller-189-wendel
Diane Schiller
Associate at Wendel Growth
MOSAIQUE_WORDAY_133_Chris_Witherspoon_WENDEL
Christopher Witherspoon
Leader of the fund investment activity of Wendel Growth

Christopher Witherspoon is part of the Investment Team in Paris as the Leader of the fund investment activity of Wendel Growth. He joined Wendel in 2021.

Prior to joining Wendel, Chris was a Senior Investment Manager at UK-based fund of funds, VenCap International PLC in Oxford. He was also part of the British Business Bank’s venture capital team as Senior Investment Manager, and a management consultant with KPMG in London.

Chris holds an MBA in Financial Management from Manchester University Business School. He also holds an MA in Management from Durham University Business School.

mosaique-worday-170-wendel
Antoine Izsak
Head of Growth Equity at Wendel Growth

Antoine Izsak is part of the Investment Team in Paris as Head of Growth Equity at Wendel Growth. He joined Wendel in 2022.

Prior to joining Wendel, Antoine worked as a Director for seven years in the Large Venture fund of Bpifrance. He began his career at Edmond de Rothschild Capital Partners and then worked at L.E.K. Consulting where he gained experience in strategy consulting.

Antoine holds a Master’s degree in Software Development from Supélec Engineering School as well as a Master’s degree in Finance from the University of Paris-Dauphine.

mosaique-worday-diane-schiller-189-wendel
Diane Schiller
Associate at Wendel Growth

Diane Schiller is an Associate working for the Wendel Growth within the investment team in Paris.

Prior to joining Wendel, Diane worked for two and a half years at Rothschild & Cie in Paris as a Private Equity Analyst.

Diane holds a triple Master in Business Management in Global Economic Transformation & Technology (GETT), in partnership with UC Berkeley in San Francisco and SKK Graduate School of Business in Seoul.

Senior Advisors
MOSAIQUE_WORDAY_8_WENDEL
Claude Ehlinger
Senior Advisor

Board Member of Bureau Veritas

Chairman of the Board of Stahl

MOSAIQUE_WORDAY_136_Mel_Immergu_WENDEL
Mel Immergut
Senior Advisor

Board Member of ACAMS and Crisis Prevention Institute

mosaique-worday-146-kawada-makoto-wendel
Makoto Kawada
Senior Advisor
MOSAIQUE_WORDAY_8_WENDEL
Claude Ehlinger
Senior Advisor

Board Member of Bureau Veritas

Chairman of the Board of Stahl

Claude Ehlinger is a Senior Advisor since 2019. He joined Wendel in 2016. Claude is a Board Member of Bureau Veritas and Chairman of the Board of Stahl.

Claude is a Board Member of Oranje Nassau BV in the Netherlands, as well as a Board Member of Trief Corporation SA and Winvest Conseil. He used to be a member of the Investment Team and CEO of the Oranje-Nassau Group.

Claude was previously deputy CEO of Louis Dreyfus Company. He has been appointed interim CEO of Louis Dreyfus from June 2014 to October 2015.He joined Louis Dreyfus Company in 2007 as Chief Financial Officer after serving three years as Group CFO at Eutelsat.

Prior to this he was Regional Controller of Cap Gemini, Group CFO of CCMX (1999-2003) and Managing Director of Finacor (1987-1999), a large brokerage company in Europe. He began his career in 1985 at Thomson Group.

He is a graduate of HEC.

MOSAIQUE_WORDAY_136_Mel_Immergu_WENDEL
Mel Immergut
Senior Advisor

Board Member of ACAMS and Crisis Prevention Institute

Mel Immergut is a Senior Advisor in Wendel’s New York office. He joined Wendel in 2013. Mel is a Board Member of ACAMS and Crisis Prevention Institute.

Prior to joining Wendel, Mel served as the Chairman of Milbank, Tweed, Hadley & McCloy LLP for 18 years and was a partner in the law firm’s Corporate Department. He serves as Vice Chair of the Legal Aid Society and on the Columbia Law School Dean’s Council and the Columbia Law School Board of Visitors. Mel also serves as executive advisor to venture capital firm Marker LLC and is a member of the Council on Foreign Relations. He is also a member of the United States European Command Advisory Panel and a former member of the United States Southern Command Advisory Panel. Mel is Vice Chairman of the Intrepid Sea, Air & Space Museum and served on the Defense Business Board of the United States Department of Defense.

He is a recipient of The Jewish Theological Seminary Simon H. Rifkind Award, the Legal Aid Society’s Servant of Justice Award and the Fund for Modern Courts John J. McCloy Memorial Award.

Mel received his BA from the University of Pennsylvania and his JD and MBA from Columbia University.

mosaique-worday-146-kawada-makoto-wendel
Makoto Kawada
Senior Advisor

Makoto Kawada is a Senior Advisor among the Investment Team. He joined Wendel in 2008.

Makoto was previously the President and CEO of Basic Capital Management.

He had begun his career at Fuji Bank, initially in cross border M&A in Tokyo and subsequently in project finance in Tokyo and in London.

Makoto also held positions at the International Finance Corporation, in Washington DC,. He returned eventually to Mizuho Securities in Tokyo, where he had been involved in turnaround and private equity fund businesses.

Makoto graduated in Economics from Waseda University and obtained an MBA from the Wharton School, as well as an MA from the School of Arts & Sciences of the University of Pennsylvania in 1989.

Useful links