Lepercq History

The firm of André Istel & Co. was founded in New York on the eve of World War II as the U.S. arm of the Banque Schlumberger, a private French bank, now the Banque de Neuflize, a wholly owned subsidiary of ABN AMRO.

Paul Lepercq, the founder of the present-day company, joined André Istel & Co. in 1949, having emigrated to the United States from Paris in 1948. In the mid-50s André Istel & Co. became Istel, Lepercq & Co., and still later the company took on its current name, Lepercq, de Neuflize & Co.  Paul Lepercq was the firm’s CEO until 1977 and remained the company’s Chairman of the Board until 1995.

The Lepercq Foundation, a Bermuda-based charitable foundation, is the firm’s majority shareholder. Other shareholders are a prominent European family and senior executives of the firm.

Current Members of the Board of Directors of Lepercq, de Neuflize & Co.:

Joel Cooper
James F. Dannhauser
Laurent Dassault
François Letaconnoux, Chairman
Gerard Limat
Jean-Louis Milin
Frank Mutch