The INSEAD Private Equity Club (IPEC) serves as a world-class forum for those interested in all aspects of the private equity industry.

IPEC’s goal is to provide opportunities for its members to learn more about private equity, interact with key industry players, and meet fellow students and alumni with similar interests. With over 1000 INSEAD alumni working in private equity firms worldwide, IPEC’s goal is to support INSEAD’s thought leadership, participation and recognition in the field by assisting an increasing number of INSEAD MBA graduates pursue an exciting career in or related to private equity.

Martin Spirig

Martin Spirig,  MBA’06J
IPEC Switzerland President

Martin Spirig is a partner at Invision, a leading small/mid-cap private equity firm with offices in Switzerland and Germany. His investment interest is German and Swiss SMEs with market leading positions in their respective fields. He is responsible for Invision’s investments in Kraft & Bauer and Schneider and is a member of the respective boards. Previously, he was also looking after the investments in RSD (divested in 2016), Boost (divested in 2015) and Feintechnik (divested 2014). Prior to Invision, Martin was a consultant at Bain & Company in Singapore with mandates throughout South East Asia, Hong Kong and Australia. His clients were, among others, global private equity firms and Asian sovereign wealth funds. Before Bain, Martin Spirig was an IT project manager at Migros-Genossenschafts-Bund. Martin Spirig holds an MBA from INSEAD, a doctorate of law from University of St. Gallen and he was a visiting scholar at UC Berkeley.

Katja Berlinger

Katja Berlinger, MBA’05

Katja Berlinger specializes in professional board membership services and the management of private equity investments, with a focus on entrepreneurial, strategic and legal aspects. Katja is a director in several early-stage life science and healthcare companies. Prior to this, Katja was a member of the executive committee office in Zürich. She is admitted to the Zürich bar and holds an MBA from INSEAD (2005 promotion).

Roman Pelka

Richard Bissonnet, MBA’81

Through his privately held company, Richard is an independent M&A and capital raise advisor to European entrepreneurs and is also a Senior Advisor to Cowen Europe AG, a unit of Cowen, the New York investment bank.  He has board experience with start-ups and funds and has worked with clients throughout Europe and in South and South-East Asia. Previously he was a banker in Canada and a senior executive with Reuters in the UK and in various European countries.


Pan Pan

Konstantinos Dermanis, MBA ‘13J
Managing Director, Renovative

Konstantinos has 14 years of experience in Private Equity and Investment Banking with Credit Suisse, EFG Eurobank and Deca Investments having completed circa 50 transactions / investments of EUR 8bn in value. Konstantinos holds a BSc and MSc in Finance from UK universities and an MBA from INSEAD.

Matha Heitmann

Martha Heitmann, MBA’07

Martha Heimann is an Executive Director at LGT Capital Partners, an alternative investment manager with over USD 25 billion in assets and management and more than 300 institutional clients. Prior to joining LGT Capital Partners, Martha worked in business development for Telephia Inc. in San Francisco. From 2001 to 2003 she was a corporate investment banking analyst for Bank of America Securities in San Francisco. Martha holds a BA in Economics from the University of Chicago and an MBA from INSEAD (2007 promotion). She is fluent in English and Japanese, and is conversant in German.