TIDMJPEL

RNS Number : 4733D

JPEL Private Equity Limited

21 June 2023

JPEL Private Equity Limited

Ground Floor

Cambridge House

Le Truchot, St Peter Port

Guernsey, GY1 1WD

www.jpelonline.com

NEW APPOINTMENT TO THE BOARD OF DIRECTORS

GUERNSEY, 21 JUNE 2023

JPEL Private Equity Limited ("JPEL" or the "Company") is pleased to announce the appointment of Ms. Trina Le Noury as an Independent Non-Executive Director of the Company with immediate effect.

Further information regarding Ms. Le Noury is set forth below:

Trina Le Noury, a resident of Guernsey, qualified as an accountant in 2005. Ms. Le Noury was the co-head and director of Apax Partners (Guernsey) Limited, the in-house administration business for Apax Partners, a global private equity firm with c. $60 billion AUM. Ms. Le Noury was also a director of the Apax General Partner companies. More recently, Ms. Le Noury was a director of Hedosophia Services (Guernsey) Limited, the business responsible for the oversight of the venture capital funds advised by Hedosophia, with c. $3 billion AUM. Ms. Le Noury has a first-class honours degree in Mathematics from Aberdeen University, holds a Diploma in Company Direction from the Institute of Directors and is a fellow of the Association of Chartered Certified Accountants.

In addition, the Company announces that Tim Wilson, interim director, has stepped down from the Board with immediate effect.

Sean Hurst, JPEL's Chairman said: "We are delighted to have Trina Le Noury join the Company's Board of Directors. Trina's expertise in both the private capital sector as well as a qualified accountant will further enhance the existing skill set of our Board. We would also like to thank Tim Wilson, for stepping in as interim Director to fill the vacancy following the passing of our dear colleague, Chris Spencer in December 2022. We look forward to continuing to work with Tim in his existing role at IQEQ."

In accordance with paragraphs 9.6.13 (1) to (6) of the Listing Rules, it is confirmed that there are no additional details to be disclosed in relation to Ms. Le Noury.

About JPEL Private Equity Limited

JPEL Private Equity Limited is a Guernsey registered and incorporated, London Stock Exchange-listed, closed-ended investment company (LSE: JPEL) designed primarily to invest in the global private equity market. The investment objective of the Company is to achieve both short and long-term capital appreciation by investing in a well-diversified portfolio of private equity fund interests and by capitalising on the inefficiencies of the secondary private equity market.

ENQUIRIES:

FCF JPEL Management LLC

JPELClientService@fortress.com

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June 21, 2023 10:36 ET (14:36 GMT)

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