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Investment Committee


Gustav O. Stenbolt – 1957, Norwegian

  • Mr. Gustav Stenbolt is Chairman of the Board and CEO of Swiss listed Valartis Group and member of the board of directors of EPH European Property Holdings Ltd., ENR Russia Invest S.A. and Anglo Chinese Group.

  • In 1996 Mr. Stenbolt founded MCT Group, one of the predecessors of Valartis Group, offering institutional asset management services focused on Eastern Europe and the CIS countries.

  • From 2004 to 2007 he was president of the executive committee of Jelmoli Holding AG, by then one of the leading department store and real estate companies in Switzerland.

  • Gustav Stenbolt graduated from the University of Fribourg, Switzerland with a degree in Economics.

Gerald Scheweder – 1972, Austrian

  • Scheweder joined Valartis in 2007 as head of Valartis’ Corporate Finance and M&A activities
  • In 2017, Gerald has been appointed board member of Valartis German Residential Health Care. He is responsible i.a. for identification of acquisition targets, deal execution, debt financing, and financials.
  • Besides his professional duties he is BoD member of Beletage AG, an Austrian property development company, and CNT Management Consulting AG, Austria, an IT consulting firm.
  • Gerald started his career with PwC co leading Corporate Finance / M&A team of PwC Vienna. After leaving PwC he joined a consumer goods company as COO being responsible for acquisitions, integration, restructuring, and reorganization.
  • Gerald Scheweder holds a master degree of the Vienna University of Economics and Business

Stéphane de Blonay – 1963, Swiss

  • Mr. de Blonay is Project Manager at Valartis Asset Management since 2011. After 15 years of management activities in the luxury industry Stéphane joined the Center Management of Jelmoli Real Estate in 2006 which was Switzerland’s leading real estate company in the retail trade sector.
  • In 2010, Stéphane gained a “Federal diploma of property manager USPI “. Among his responsibilities he successfully managed an important portfolio of administrative, commercial and residential buildings in Western-Switzerland.
  • Since May 2014, Stéphane de Blonay is involved as Investment and Property Manager of Valartis Residential Health Care SICAV – FIS. Among his duties he maintains the high quality of the properties while ensuring excellent Fund performance.

Ralf Konrad – 1970, German

  • Mr. Konrad is CEO of VP Fund Solutions (Liechtenstein) AG, a subsidiary of VP Bank Group and Member of the Board of Directors of VP Fund Solutions (Luxembourg) SA. He joined VP Bank in 2008 as a Senior Fund Manager and had been appointed Head of Alternative Investments and Manager Selection in 2009.
  • Ralf Konrad is a member of the Board of the Liechtenstein Fund Association (LAFV) and a member of the Foundation Council of the Life Climate Foundation Liechtenstein
  • Additionally, he is a Member of the VP Bank Treasury Investment Committee and holds positions as a Board Member in various SICAV boards
  • Mr. Konrad holds a Master of Science degree of the Technical University Kaiserslautern and is a chartered Hedgefund Consultant (ebs/BAI)