What Mobius Capital Partners does

Mobius Capital Partners is a London-based, independent investment management firm founded in 2018 by Carlos von Hardenberg. The firm operates a single, unconstrained long-only strategy focused on small- and mid-cap emerging-markets equities, applied through a concentrated portfolio of typically 25–30 holdings. Its investment process overlays a proprietary ESG+C (Environmental, Social, Governance + Community) framework onto fundamental security selection, and the firm is structured as 100% partner-owned with no external strategic shareholder, emphasizing alignment between partners and clients.

The firm's principal disclosed vehicle is Mobius Investment Trust PLC (MMIT), a closed-ended investment company listed on the London Stock Exchange. MMIT is the channel through which the strategy is offered, and its listed status provides liquidity and reporting transparency to investors. Marketing, distribution, and client servicing are consequently tied to the lifecycle and performance of a single listed product rather than to a diversified platform of pooled funds or segregated mandates.

Revenue is generated primarily through recurring asset-based management fees levied on MMIT's assets under management, with economics tied directly to the trust's NAV and net flows. The firm is small and specialist by design; headcount, governance, and operating footprint scale with the single strategy. Public reporting on the trust has, in turn, surfaced significant net outflows — approximately 43% of funds were withdrawn following sustained underperformance of the EM trust — which directly compresses fee revenue and is the dominant operating event of recent years.

Name

Mobius Capital Partners

Legal name

MCP Emerging Markets

Website

https://mobiuscapitalpartners.com

Company type

Private

Founded year

2018

Operating status

Operating

Short description

Mobius Capital Partners is a London-based, 100% partner-owned emerging-markets equity boutique founded in 2018 by Carlos von Hardenberg, managing a concentrated 25-30 stock portfolio via the LSE-listed Mobius Investment Trust PLC (MMIT) under an ESG+C framework.

Ownership category

akta.pro rank

Product category

Emerging Markets Equity Management

NAICS

Portfolio Management and Investment Advice (523940), Other Investment Pools and Funds (5259)

SIC

Investment Advice (6282)

akta.pro primary industry

Emerging Markets Equity (Active) (FSAAAIAF)

Keywords

• Emerging markets equities
• Active ownership investing
• Investment management services
• ESG engagement strategies
• Long-only fund management

Headquarters

HQ city

London

HQ country

United Kingdom

HQ region

Europe

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Technology or R&D, Marketing or Sales

Revenue model

1. Investment Management Fees: MCP Emerging Markets generates revenue through investment management fees charged for managing the Mobius Investment Trust and any other funds under management. The firm operates as an independent, 100% partner-owned firm.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels4 records

Core offering

MCP Emerging Markets operates a single, unconstrained, long-only investment strategy focused on dynamic small- and mid-cap companies in emerging and frontier markets. The firm manages a concentrated portfolio of 25-30 high-conviction holdings and develops bespoke ESG+C (Environmental, Social, Governance and Culture) engagement strategies for each portfolio company. Its flagship vehicle is the Mobius Investment Trust PLC (MMIT), a closed-ended investment company listed on the London Stock Exchange.

Product overview

MCP Emerging Markets operates as a single-strategy investment management firm offering a concentrated portfolio of 25-30 emerging and frontier market equities. The flagship offering is the unconstrained, long-only investment strategy managed by Carlos von Hardenberg. Related products include Mobius Investment Trust PLC (MMIT), a London Stock Exchange-listed closed-ended investment company that applies the same active ownership approach, and the Insiders and Outliers podcast which provides market insights. The firm focuses on small- and mid-cap companies with high-conviction bets and develops bespoke ESG+C engagement strategies for each holding.

Differentiator

Problem solved

Functional benefit

Products and services

• MCP Emerging Markets Active Ownership Strategy A single, unconstrained, long-only investment strategy focused on dynamic small- and mid-cap companies in emerging and frontier markets, applying a proprietary active ownership approach with bespoke ESG+C engagement strategies. Targeted at professional and eligible counterparty clients under FCA rules.
• Mobius Investment Trust PLC (MMIT) A closed-ended investment company listed on the London Stock Exchange, managed by MCP Emerging Markets, applying the manager's differentiated active ownership approach to emerging market equities to unlock value and drive long-term capital growth.

Segments2 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature2 records

Scale indicators4 records

Recent moves3 records

Expansion highlights2 records

Direct peers

• Ashmore Group: London-listed specialist emerging markets investment manager offering active EM equity and debt strategies to institutional clients; directly comparable specialty EM active manager with similar institutional client base and listed trust/vehicle distribution.
• Harding Loevner: Independent, partner-owned active emerging and frontier markets equity manager; closely matches MCP's concentrated, research-driven active EM equity approach with institutional client focus.
• William Blair Emerging Markets Equity: Independent active emerging markets equity manager with a concentrated, bottom-up research approach serving institutional clients; closely aligned to MCP's boutique, high-conviction, partner-owned EM equity model.

Broad incumbents

• Schroders Emerging Markets Equity: Large UK-headquartered asset manager with established emerging markets equity strategies and listed investment trusts on the LSE; broader platform but operates in the same active EM equity and UK trust distribution space as MCP.
• Franklin Templeton Emerging Markets Equity: Global asset manager with a heritage EM equity franchise (Templeton) and London presence; comparable active EM equity capability but at significantly larger scale across multiple vehicles and strategies.
• abrdn (Aberdeen Standard) Emerging Markets Equity: Major UK-listed asset manager running active EM equity strategies and London-listed investment trusts; broader platform comparable to MMIT structure and UK institutional distribution.
• Lazard Emerging Markets Equity: Global asset manager offering active emerging markets equity strategies as part of a broader multi-asset platform; comparable active EM equity capability but with much wider product breadth and AUM scale.
• Allspring Global Investments (Emerging Markets): Global active asset manager with established emerging markets equity strategies; broader multi-asset platform but directly competes for institutional EM equity mandates with MCP's specialist offering.
• Robeco Emerging Markets Equity: European-headquartered asset manager with active emerging markets equity strategies and ESG-integrated research; comparable on active EM equity and ESG focus but operating as a large multi-strategy platform.

Emerging players

• Veritas Asset Management: London-based independent active equity manager with strong ESG and fundamental research orientation; comparable boutique active equity and ESG integration ethos though broader geographic mandate than pure EM.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat2 records

Key risks5 records

Key highlights5 records

Customer concentration

Revenue estimate

Valuation estimate

Number of profiles

Profiles2 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Mobius Capital Partners