Francisco Arcilla

Francisco Arcilla-Borraz is a Geneva-based finance and investment professional. Public company-register data lists him as the holder of Arcilla-Borraz Consulting, a Geneva sole proprietorship registered in April 2024 for business and corporate strategy consulting, financial-market understanding, investment, and corporate governance. He is also listed as manager of Claystone Advisors Sàrl, a Geneva company formed in 2021 for finance, strategy, business development, technology-development, HR, investment, and financial-market advisory.

Arcilla began his career in 1994 at Merrill Lynch as an investment-banking analyst. He later worked for more than a decade in proprietary trading, capital markets, and investment banking roles at Merrill Lynch, BNP Paribas, HVB, KBC AIM, and Santander, largely in London and Madrid. He is reported to be a graduate of HEC School of Management in Paris and to hold a master’s in finance from London Business School.

In alternatives, Arcilla worked at EIM SA from 2008 and joined AXA Investment Managers in 2011. At AXA IM he became Global Head of Funds of Hedge Funds, later held senior roles including CEO of AXA IM Japan and Global Head of Sales, and was described in 2020 as having served on AXA IM’s executive committee. He joined Swiss private-equity firm TNF Capital in 2020, focusing on venture-capital investments, and was later named a non-executive director of Spanish asset manager Gesconsult.

His current public LinkedIn footprint shows Amber Capital as his current affiliation. Amber Capital posts and related LinkedIn activity identify him as Senior Advisor on Business Development and ESG, based in Geneva, working around European event-driven, active investing, ESG, UCITS, co-investments, governance, and alternative-investment topics.

• TNF describes itself as an international investment firm that acts as “a catalyst for innovation and industry disruption towards building a smarter world.”
• TNF says it takes a long-term approach to value creation through venture capital, private equity investments, and private financing, combining analysis, strategic intellectual capital, and capital.
• Public profiles and deal data connect Arcilla and TNF to seed and early-stage rounds, including TurboHire’s $2 million pre-Series A round and Equip’s CHF 5 million financing.
• Arcilla’s investable edge appears to be capital-markets and alternatives experience plus commercial and strategic growth support; TurboHire described him as helping companies accelerate growth “commercially and strategically.”
• At Amber Capital, his visible focus is different from venture: European event-driven and value-oriented equity strategies, shareholder engagement, ESG, governance, active investing, UCITS, and co-investments.