Proserpine Capital Partners

The firm is led by Damian, a former JPMorgan head of Asia-Pacific mining and metals investment banking, who co-founded Ceres Capital Management. His background suggests a concentration of decision-making authority. Robert, who joined in 2019, manages business development and client relationships but does not appear to hold investment committee authority per the firm's publicly available materials.

Proserpine Capital Partners structures and executes direct private equity investments only. The firm does not commit capital to third-party managed funds. Its model is explicitly deal-by-deal, with investors participating in specific transactions rather than a blind-pool commingled vehicle.

Sourcing relies on the principals' professional networks, rooted in Damian's 20-year investment banking career at JPMorgan and Ceres Capital, and Robert's corporate advisory relationships in London and Melbourne. The firm has demonstrated the ability to access proprietary divestiture, consolidation, and private placement opportunities in Australian mid-market industrial, marine, and food sectors.

Proserpine targets a five-year hold period per investment, during which it provides board-level representation and quarterly reporting to investors. This duration aligns with a hands-on operational improvement and strategic growth model rather than a rapid buy-and-flip approach.

The firm does not publish an explicit exclusion list. Observed investments are concentrated in industrial manufacturing, marine services, and food distribution; there is no evidence of involvement in resources or mining, despite Damian's IPB background, nor in software, fintech, or life sciences outside of the Fusetec 3D healthcare-adjacent deal.