About us


We are convinced that, over the medium to long term, equities are the only way of growing investors’ capital.

Globalisation and the standardisation of lifestyles offer the potential for globalised companies to generate strong growth.

We have decided to offer investors a fund invested worldwide in leaders capable of seizing new growth opportunities.
For more risk-averse investors, we offer a customised diversified management service.

We wanted to establish ourselves right in the centre of Europe on an international marketplace. Luxembourg seemed the obvious choice. It meets investors’ need for stability.

What Sets Us Apart

PREVAL is an independent management company directed by passionate entrepreneurial investors who share the same concerns as our clients.

Our interests are aligned with those of our clients : the founders and staff have chosen to invest a significant portion of their savings in the funds managed.

Unlike the large banks, we focus exclusively on asset management. Excellent performance alone will secure your loyalty over time.

You can reach the management team whenever you want.

The Team

Thierry Flecchia

Founder, Chairman and Chief Investment Officer (Luxembourg)

Thierry has more than 25 years of experience in the world of investment. He started his career as a private equity fund manager for the Paribas group (now PAI Partners) before joining ODDO in 1995 where he took responsibility for managing mid-cap funds. He jointly managed the ODDO Avenir (ranked 4th out of 236 over 5 years) and ODDO Europe Mid Caps (10th out of 111 over 3 years) funds. In 2003, he created FLINVEST where he managed the Entrepreneurs fund (ranked near the very top of its category). In 2014, he created PREVAL.

Matthieu Vas

Conducting Officer in charge of the risk management / Co-Head of the Paris office

Matthieu started his carrer within a trading room as Back/Middle officer on derivatives instruments. He then joined Flinvest as Middle officer. In 2014, he was involved in the creation of Preval and he was responsible for the risk management and the Middle office.

In 2019, he is promoted as Conducting Officer in charge of the risk management in Luxembourg and is also the Co-branch manager of the Paris office.

Gwennoline D'Avout

Conducting Officer

Gwennoline started her career as an auditor at PwC Luxembourg. She then moved to consulting on regulatory compliance and operational efficiency topics. She was also in charge for several years of the structuration of investment vehicles for the Luxembourg subsidiary of Groupe La Française (asset management and private banking). Gwennoline is an FRM charter holder and fulfils the pre-requisites for the chartered accountant status in Luxembourg. She joined Preval in November 2020 to act as conducting officer in charge of compliance, accounting and administration of UCIs.

Frédéric Jost

Analyst / Fund manager (Luxembourg)

A graduate of  NEOMA Business School, Frédéric joined Preval in 2017 after passing all 3 levels of the CFA exam. After 2 years within the parisian office as fund analyst, Frédéric joined the Luxembourgish team in April 2020, focusing on european companies analysis

Julien Thomas

Analyst / Fund manager (Paris)

A graduate of ESSEC Business School, Julien spent one year working at Preval in Luxembourg as a financial analyst. He joined the Paris office in January 2017 where he holds the same position and focuses on the analysis of European companies.

Nadim Elie A.A.

Analyst / Fund manager (Luxembourg)

A graduate of HEC – Paris, Nadim started his career as a management consultant at Accenture – North America, then at Deloitte Consulting. After having visited several industries as a consultant (Energy, Oil & Gas, Retail and Education), he decided to move towards fundamental investing. After working at Amiral Gestion for a short time, he joined Preval in September 2017 as an international equity analyst.

Bilel Benlakhlef

Analyst / Fund manager (Paris)

A graduate of Toulouse Business School, Bilel has 2 years of experience as an Equity Analyst intern in particular at Moneta Asset Management and Comgest covering European and Emerging market stocks. After having passed all 3 levels of CFA exam, he joined Preval in November 2019 as an international equity analyst.

Marie Boyé

Analyst / Fund manager (Paris)

Marie is graduated with an MSc in Finance from the IAE Aix-Marseille. Before joining Preval French Branch, she worked as a research and analyst intern at GE Capital and PwC Luxembourg. She joined the Paris team in March 2020 after a long-term internship at Preval Luxembourg (international equities analyst). Her role consists in supporting the research teams in both Luxembourg and Paris as well as dealing with multimanagement tasks.

Christine Pargemin

Office Manager (Paris)

Christine started her career as a bilingual sales assistant in a distribution company of upper quality floor coverings. Then she evolved into Office Manager / Executive Assistant positions in various international companies. After two years as Office Manager within an accounting firm, Christine joined the Preval French Branch team in January 2020.

Celia A.

Office Manager (Luxembourg)

Celia started her career within BNP Paribas Securities Services Luxembourg as Personal Assistant to several Managers and Excom Members over the years of her tenure. She joined one of the leading Luxembourg tax companies in 2014 where she acted as Executive Assistant to the Managing Partner for 5 years.
Celia joined Preval in December 2019 as Office Manager and Personal Assistant to Thierry Flecchia.