A Geneva-based private investment firm built on expertise, discretion, and long-term value creation.
Registered under Swiss commercial law
CH-660.1.172.990-0 · CHE-106.728.810
Incorporated: 19 December 1990
MBA Investment Management SA was incorporated under Swiss law on 19 December 1990 and is headquartered in Geneva, one of the world's premier financial centres. For over 35 years, the firm has operated with a clear mandate: to identify, structure, and manage investments across asset classes and geographies, guided by rigorous analysis and a commitment to sustainable value creation.
Registered under Swiss commercial law (CH-660.1.172.990-0), MBA Investment Management SA combines the agility of a private firm with the discipline of an institutional investor. Our Geneva headquarters places us at the heart of global wealth management, providing proximity to international capital markets, institutional networks, and a regulatory environment defined by stability and transparency.
We operate with a long-horizon perspective, prioritising durable value creation over short-term yield. Our investment philosophy integrates fundamental analysis, sector expertise, and macroeconomic rigour — applied across a diversified portfolio spanning multiple asset classes and geographies.
At MBA Investment Management SA, rigour is not a posture — it is a discipline embedded in every stage of our investment process. Before any capital is committed, our team conducts exhaustive due diligence: financial analysis, sector mapping, competitive benchmarking, management assessment, and regulatory review. We combine bottom-up fundamental research on individual companies with a top-down macroeconomic framework that contextualises every opportunity within broader market dynamics. Rigour also governs the way we monitor our portfolio, the way we report to our partners, and the way we hold ourselves accountable over time.
Discretion is, for MBA Investment Management SA, more than a professional standard — it is a founding value. In the world of private investment, the ability to keep confidence is as important as the ability to deploy capital intelligently. We do not disclose our portfolio without consent. We do not seek press coverage of our transactions. We do not use the names of our partners or portfolio companies for marketing purposes unless expressly authorised. Many of our most meaningful partnerships have never appeared in any publication — and that, in our view, is exactly as it should be.
Short-term thinking is, in our view, the single greatest threat to genuine value creation. MBA Investment Management SA was built on a different premise: that the most significant returns are generated by those willing to commit with patience, to accompany companies through their full growth cycle, and to resist the pressure to exit at the first sign of liquidity. We do not impose artificial timelines. We do not measure success by the quarter. We measure it by the strength of the companies we help build and the durability of the value we help create.
Click a card to read the full biography.
Werner Horvath is the founder and Chairman of MBA Investment Management SA, which he established in Geneva on 19 December 1990. For over 35 years, he has led the firm with a clear and unwavering conviction: that capital, when patient, disciplined, and intelligently deployed, can generate lasting value across generations. Under his stewardship, MBA Investment Management SA has built a reputation as one of Geneva's most discreet and internationally connected private investment houses. Werner brings decades of experience in private investment, wealth structuring, and international finance, known for his rigorous governance standards and deep network across European and Gulf financial centres.
George Itani is a seasoned investment professional with over 20 years of experience in portfolio management, asset allocation, and capital markets across the Middle East, Europe, and North America. As CIO of MBA Investment Management SA, he is responsible for defining and executing the company's investment strategy and identifying high-conviction opportunities across equities, fixed income, real estate, and alternative investments. George has a proven track record of generating risk-adjusted returns in complex market environments and works closely with the Chairman to ensure every allocation reflects rigorous analysis and deep understanding of client objectives.
Elias Khoury oversees all financial operations at MBA Investment Management SA, including financial reporting, budgeting, treasury management, and regulatory compliance. With a strong background in international accounting and corporate finance, he ensures the highest standards of financial integrity. Elias plays a central role in the structuring of investment vehicles and in managing relationships with auditors, regulators, and banking partners. His deep familiarity with Swiss financial law ensures full compliance with applicable regulations and he actively contributes to strategic planning by providing financial insight and forecasting.
Sebastien Garnier is responsible for designing and maintaining MBA Investment Management SA's risk management framework and compliance program. With extensive experience in financial regulation, AML/KYC procedures, and operational risk, he ensures the firm adheres to all applicable Swiss and international regulatory requirements. Sebastien monitors risk exposure across all asset classes, leads internal audit processes, coordinates with external regulators, and oversees data protection and financial crime prevention policies.
Michael Chapa is responsible for the operational backbone of MBA Investment Management SA, ensuring all business functions run efficiently and in alignment with strategic goals. With a background spanning operations management, project delivery, and organisational development across international financial firms, Michael coordinates with all department heads to streamline workflows, manage resources, and drive continuous improvement. He also oversees technology infrastructure, vendor relationships, and business continuity planning.
Victor Baumont is a core member of MBA Investment Management SA's investment team, responsible for in-depth market research, financial models, and sector and company analysis supporting the firm's investment decisions. Victor covers a broad range of asset classes, with a particular focus on emerging market equities. His analytical rigour ensures every investment recommendation is grounded in thorough due diligence. He collaborates closely with the CIO and investment team to monitor existing positions and assess new opportunities.
Alexandre Haddad supports the investment and research functions of MBA Investment Management SA, contributing data-driven analysis and financial insights across a wide range of sectors and markets. He assists in evaluating investment opportunities, preparing research reports, and monitoring portfolio positions. Alexandre brings a strong quantitative background with a focus on identifying undervalued opportunities and structural growth trends. He works in close collaboration with senior members of the investment team.