associates

Experts in deal construction, corporate strategy and transformation
ABOUT US
We are an investment consulting boutique partnering with Private Equity firms, Family Offices and Corporates worldwide. Our tailored services allow our clients to significantly increase their bandwidth.
Our work combines rigorous analysis backed by data and years of experience across corporate strategy, investment management, and consulting.
14
40%
6
200+
23+
Languages Spoken
Female team
Core sectors
Project engagements
Extended team members
SERVICES
Our unique selling point is our ability to fully align with our clients to essentially become an extension of their own team, providing all the required support when and where needed.

Deal construction encompasses support through all the transaction phases required to validate an investment thesis and subsequently originate and acquire a target company or portfolio.
This includes extensive sector and sub-sector research, target profiling, identification and analysis, structuring, and acquisition support.
CORE SECTORS
We cover a range of industries, with our main competencies in six core sectors
Business & Financial Services
Pharma & Healthcare
Industrials & Manufacturing
Consumer & Retail
Digital, Data & e-commerce
Real Estate &
Alternative Credit
TEAM
A highly driven and dynamic team combining science and business backgrounds as well as extensive operational and consulting experience.

KASIA FRANGIPANE PASCUAL
Kasia began her career in FMCG at SABMiller and Colgate-Palmolive, later transitioning to the fast-paced environments of scale-ups in FMCG and tech across Europe, the Americas, and Asia, where she focused on preparing businesses for scaling. Her expertise lies in C-level operations, implementing strategies to drive growth, efficiency, and profitability.
Kasia holds a MSc in Business Management from Poznań University of Economics and University of Zagreb and speaks fluent English, Polish and Spanish.

KATERYNA NESTERUK
Before joining Eccleston Associates, Kateryna earned her PhD in Molecular Medicine from Erasmus University Rotterdam in the Netherlands, where she focused on basic and translational projects centered around gastrointestinal oncology. Prior to this, she worked as a high-throughput Screening Scientist at Enamine.
Kateryna also holds an MSc in Biochemistry and a BSc in Biology from the Taras Shevchenko National University in Kyiv, Ukraine.

ROSE CUTHBERTSON
Rose holds a degree in Veterinary Medicine from the Royal Veterinary College of London. She has worked on corporate due diligence, sell-side, as well as corporate strategy and transformation projects.
She has expertise across the ophthalmology, pharma, healthcare, life sciences and veterinary industries. Rose is fluent in Cantonese and Mandarin.

MARTHA KNIGHT
Martha is an investment professional with experience across asset classes. She began her career in emerging markets equities at a boutique firm before joining Legal & General Investment Management. She later transitioned to private markets, specializing in working capital finance. At a private equity start-up, she helped scale the firm to over 100 employees and through their Series A funding.
She holds an MSc in Economic and Social History from the University of Edinburgh.

CARLOS HUBER
Carlos joined Eccleston Associates after graduating from the London Business School with a Master’s degree in Finance. He has previous experience in business and project management, finance, supply chain, logistics and execution of social projects.
Carlos holds an MSc in Project Management in Mexico.

TERESA DELERUE
Teresa has completed her MSc in Bioscience Entrepreneurship at UCL where she was exploring the interface between business and bioscience. Her main interests in this space are neurosciences, immunology, and digital health.
Prior to her experience at Eccleston Associates she worked with multidisciplinary teams from different science labs and in a health-tech start-up.

ANNABEL WRIGHT
Annabel spent three years at J.P. Morgan as an analyst, gaining experience across corporate and investment banking. She has a strong scientific background and holds a patent for a bioplastic production method she co-developed.
Annabel holds an MSc in Bioscience Enterprise from University College London, a BSc in Biotechnology from the University of Edinburgh, and a CISI Level 3 qualification.
awright@ecclestonassociates.com

JANA JOSZCZYK
Jana began her career in insolvency, specialising in liquidations, voluntary administrations, bankruptcies, and receiverships across Australia and New Zealand. Her expertise spans distressed company investigations, risk mitigation, operational restructuring, asset realisation, and creditor relations.
Jana holds a Bachelor of Business (Economics and Finance) from RMIT University, Melbourne.

PEDRO-OTAVIO MENDES
Pedro-Otavio Mendes commenced his career as a management consultant with Oliver Wyman in four continents, focusing on Strategy, Marketing, and Sales. He then transitioned into Finance, joining Goldman Sachs’s IBD team in London and subsequently entered the PE sector, joining BRZ Investimentos. In the past decade, he became an executive and senior advisor, including multiple CFO appointments.
Pedro-Otavio has an MBA from INSEAD and speaks fluent English, Spanish, Catalan, French and his native Portuguese.
EXTENDED TEAM & AFFILIATES

JOÃO MARQUES DE ALMEIDA
João has been an advisor to the European Commission, focusing on the single market, energy transition, and natural resources. Since 2013, he has been involved in global, private equity deals exceeding €5 billion, managing stages from due diligence to exit, including transactions in the mining and metals sectors. João also advises financial investors on the EU’s Critical Raw Materials Act.
João holds a MSc in International Political Economy at the University of Kent and a PhD in Political Science at the LSE.

ANTÓNIO TOMÁS
António has 25+ years of Strategy and Corporate Finance experience, leading projects as PMO/PMC and being involved in deal constructions in both Portugal and Africa. His experience spans industries like Air transportation, Renewables, Telcos, Mining, Forestry, Utilities, Senior Living, Process industries, Real Estate and PE. António has been engaged in M&A projects both in the sell-side and buy-side for alternative funds and family offices.
António holds a MSc in Mechanical Engineering IST-Lisbon and an MBA

MARIO WESTPHALEN
Mario has 20+ years of experience in technology and retail, where he held leadership roles at Samsung, Huawei and Xiaomi. His international career across Brazil, the UK, and Portugal has shaped his inclusive leadership style, driving operational success and customer satisfaction.
Mario holds an MBA and is fluent in Portuguese, Spanish, and English.

SOFIA GIAMPAOLI
Sofia is a business executive and biotech entrepreneur . Her career spans Pharma, Foodtech, and Oil & Gas, with a focus on value creation, business development, operational excellence, and AI-driven innovation. She brings expertise in business strategy, FP&A, stakeholder engagement, team leadership, fundraising, and managing venture capital and grant funding - skills developed through roles at global multinationals and SMEs.
Sofia holds an MSc in Chemical Engineering and an MBA.

MARTA MONTEIRO
Marta started her career at Deloitte Consulting before transitioning to the Retail and Insurance sectors, where she worked as an internal consultant. Marta has worked across TMT, Construction, Retail, Insurance, and, more recently, Pharmaceuticals. Her expertise includes strategic planning, market analysis and operational optimization.
Marta holds a MSc in Management from NOVA School of Business and Economics. She speaks fluent English and Portuguese.

HUGO PINTO CORREIA
Hugo started his career at Accenture and Oliver Wyman before moving to corporate roles in Telefonica and Orange in the UK. Since 2011, he has led multiple due diligence and large PMO and post-merger integration projects across the UK, Continental Europe, and Brazil, with a specialist sectoral focus on healthcare and TMT.
Hugo has an MBA from INSEAD and speaks fluent English, Spanish and his native Portuguese.

JOÃO PEDRO BARROSO
João has 30+ years of experience leading business development projects, combined with marketing and strategy. He has expertise in Real Estate Capital Markets and advised both corporates (e.g. PSHC – Portuguese Senior Health Care, VASP Distribution, AXA) and Funds (Pierval Sante Euryale, Lifento Real Estate, UNIK CAPITAL).
João has an MBA from INSEAD and a post graduate in E-Business from Lisbon School of Economics and Management

ANDREA RISA
Andrea began his career in sales and marketing within the telecom sector, holding leadership roles in multinational companies in Europe and Asia. He later worked in growth-phase startups, gaining expertise in executive search and mobile content. Returning to Italy, he led a digital advertising group before founding an e-commerce firm and a digital transformation and business incubation consulting firm. In 2021, he launched and exited a retail pharmacy buy-and-build venture funded by a PE Group.
He holds a MSc from Luiss University in Economics and an MBA from INSEAD.

FRANCIS SMULDERS
Francis started his consulting career at Marakon Associates followed by Eden McCallum. He has consulting experience in financial services (Lloyds Bank, Lloyds-TSB, Barclays, Prudential, M&G, Scottish Widows), digital payments and consumer goods. Additionally, he has worked with a number of PE owned portfolio companies, acting as the “operating partner”, CEO or interim director.
Francis holds an MBA from INSEAD and a MSc in Mechanical Engineering from Delft University of Technology and speaks fluent English, Dutch, French and German

Lorena is a biotechnology professional with expertise in cellular and molecular biology, healthcare innovation, and market analysis. She has experience in research, consulting, and interdisciplinary collaborations and brings a strategic, analytical approach to projects, aiming to drive value for stakeholders and organizations.
Lorena holds an MPhil in bioscience enterprise from the University of Cambridge, an MSc in biotechnology from Imperial College London and a BSc (Hons) in Neuroscience from University College London. She is fluent in Spanish and English, and proficient in French and Italian.
LORENA TORI

MAX HARDISTY
Max has experience in M&A within the healthcare sector, working on transactions across areas such as social care and digital health.
He has both a BSc and MSc from UCL where he focused primarily on oncology, as well as has Level 1 CFA.

GONÇALO SILVA
Gonçalo started his career at Unilever before moving to Roland Berger and then collaborating with Candesic and Mansfield Advisors. Since 2000, he has led multiple due diligence and corporate strategy projects across the UK, Continental Europe, Brazil and the US, and has a specialist sectorial focus on pharma and healthcare, with a strong track-record in transaction work, strategy, transformation and post-merger integration.
Gonçalo has an MBA from INSEAD and speaks fluent English, German, French, Spanish and his native Portuguese.

DAVID IRVING
David’s sector experience covers secured-lending (residential, commercial and asset-backed), specialty finance, multi-family and single-family housing, autos, consumer receivables, aviation, and non-performing loans, investing across all parts of the capital structure.
He most recently co-founded Irish Homes- a vertically integrated, social housing delivery platform based in Ireland, delivering 180 homes to families (as at Q1 2022).
David holds an MBA from INSEAD and a degree in Management Science from Trinity College Dublin.

AMIR ZAFAR
Amir is an investment banker with over 20 years experience in delivering strategic advice to entrepreneurs and corporations on identifying attractive areas for investments, sourcing deal flow and building value, with a particular focus on healthcare and consumer sectors. He has advised clients on over 50 M&A deals, as well as principal finance and private and capital markets transactions.
Amir previously led regional and investment banking franchises for ABN AMRO, RBS and Wells Fargo Securities. He holds a degree in Finance and an MBA from INSEAD.
A dynamic
ever-growing team
CAREERS
We are always looking for innovative and ambitious people to join our ever growing team of experts.
Contact
Eccleston Associates Ltd.
25 Eccleston Place
London
SW1W 9NF
associates