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81 Years Old ex-Franklin Templeton Legend Mark Mobius to Launch $1 Billion Fund

81 Years Old ex-Franklin Templeton Legend Mark Mobius to Launch $1 Billion Fund

81 Years old Mark Mobius, most famous at Franklin Templeton for investing into emerging markets and retired in early 2018, has announced plans to launch a $1 billion fund.  He has set up Mobius Capital Partners with co-founders Carlos Hardenberg and Greg Konieczny to invest into emerging and frontier markets.

“ 81 Years Old ex-Franklin Templeton Legend Mark Mobius to Launch $1 Billion Fund “

Earlier in 2018, Mark Mobius has announced retirement after more than 30 years from leading fund management firm, Franklin Templeton, managing more than $700 billion AUM.  Both his co-founders in Mobius Capital Partners, were both fund managers from Franklin Templeton.

The firm is headquartered in London, and will launch a Luxembourg-based fund.  They are targeting to raise $1 billion within 2 to 3 years.

Source: Mobius Capital, Bloomberg, Reuters

 

 

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