raising European mid-market private equity funds

since 1998


Raising European mid-market private equity funds

Working in close partnership with our clients

Building lasting professional relationships


We work in close partnership with our clients to achieve optimal fundraising results

We provide inclusive and complete advice to our clients based on in-depth analysis and the close involvement of experienced professionals.

At Acanthus we welcome the opportunity to work with ambitious private equity managers. We bring substantial value through high quality strategic advice, investment grade documentation work and deep access to relevant investor networks.

We stay closely involved after closing, helping our clients manage investor relations most effectively



Armando D’Amico

Managing Partner

Armando has over 25 years’ experience in private equity on both the buy and sell side, having been a limited partner before founding Acanthus in 1998. During his career, Armando has advised general partners, limited partners and financial institutions from the UK, US and Continental Europe in fund structuring, placement, and fundraising strategy. His previous experience includes the European Bank for Reconstruction and Development, Telesis and Bain & Company.


Wilf Wilkinson


Wilf has ten years of experience in the private equity and investment banking industries.  At Acanthus, Wilf is involved in advising general partners, limited partners and financial institutions from the UK, US and Continental Europe in fund inception, structuring, placement, strategy and investor relations.  His previous experience includes Jeffries and LongAcre Partners.


Jake Mackay

Vice President

Jake has over seven years’ experience in private equity and investment banking.  At Acanthus, he leads advisory mandates and fundraising projects across Europe.  Jake is focused on project management and distribution, and leads investor coverage in Scandinavia and Switzerland.  His previous experience includes Jeffries, Commonwealth Bank of Australia and Pension Corp.


Rachel Matharu

Vice President

At Acanthus, Rachel  leads advisory mandates and fundraising projects across the UK and Continental Europe.  Rachel is focused on project management and distribution, and leads investor coverage in the UK and US.  Her previous experience includes Chatham House, the Royal Institute of International Affairs, and working for a Shadow Secretary of State.


Etiene Ekpo-Utip


Etiene joined Acanthus from the Consumer Retail and TMT Investment Banking division of Lazard.  Etiene supports the senior Acanthus team in delivering investment grade documentation and in supporting investor coverage.  His previous experience includes internships at JO Hambro Investment Management, Goldman Sachs and JPMorgan.


Zoe Walsh

Team Assistant

Zoe is responsible for roadshow logistics at Acanthus, where she provides team and client support.  Her previous experience includes Pricoa Capital Group.


Satpal Dulay

Operations Manager

Satpal has over 25 years’ experience working in retail, publishing, motor trade, healthcare and professional consultancy. Satpal is responsible for operations at Acanthus, including office management, IT systems, client relations, finance assistance and compliance.  Her previous experience includes Addison & Associates.


Mariette Davis


Mariette has over 25 years’ experience in the professional advisory and financial services markets.  Mariette is a fellow of the Institute of Chartered Accountants in England and Wales.  Her previous experience includes Grant Thornton, NM Rothschild & Sons, Legal and General Ventures and GNI Fund Management Ltd.


Dermot Crean

Non Executive Partner

Dermot has over 20 years’ investment banking experience in private placement, capital markets, restructuring and mergers & acquisitions with a focus on raising mid-market private equity funds.  His previous experience includes Hawkpoint, JO Hambro Magan & Company, Samuel Montagu & Company and Pricewaterhouse Coopers.




Core European Mid-Market Specialism 

A strong, continuous presence in the most challenging and dynamic segment of the European private equity market 

Deep geographic focus to provide our clients with unmatched advisory guidance and expertise

Corporate Finance Driven Approach

Increasing  sophistication of market participants necessitates an intensely analytical approach and comprehensive investment grade documentation

We build a deep understanding of our clients’ businesses and cultures to position every fund in a clear and differentiated manner

Combined Business Model

The team’s vast experience facilitates a combined focus on project management and distribution by all project members

A highly targeted approach to marketing and investor relations underpinned by strong relationships with the investor community

Partner-Owned and Driven

An independent, partner-owned business ensuring deep, long-term alignment with clients and investors alike


Acanthus speaking at Super Return Berlin 2016

Armando D’Amico, spoke at Super Return International 2016 conference in Berlin on 23rd February 2016, chairing a panel discussion titled “Shaping an Emerging Landscape” Defining LP appetite for first-time managers and how do you pick the next generation of... read more

Acanthus speaking at Super Return Middle East 2015

Armando D’Amico, founder and managing partner of Acanthus, spoke at Super Return Middle East 2015 conference in Dubai on 9th Nov 2015, participating in two sessions: a panel discussion titled “How to Fundraise With a Limited/Poor Track Record” and a... read more

Acanthus speaking at C5 CEE Private Equity Forum

C5’s Annual CEE Private Equity conference – London – 8 October 2015 Armando D’Amico, managing partner of Acanthus, chaired a LP Panel titled “CEE-Focused Fundraising” aimed at assessing the current situation on the global fundraising market and the... read more


10-12 Blandford Street

Tel: +44 (0) 20 7317 5850
Fax: +44 (0) 20 7317 5851

Acanthus Capital Limited was established in 1998 and is authorised and regulated by the Financial Conduct Authority.
U.S. offerings are made through a Representative Agreement with Growth Capital Services, who are a member of FINRA and SIPC.

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Acanthus empowers communities to become stronger and more sustainable by supporting

 European Venture Philanthropy Association and Kiva