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Marcellus Investment Managers is a SEBI-registered Portfolio Manager focused on delivering long-term wealth creation through disciplined investing. The firm draws inspiration from the ‘Coffee Can Portfolio’ concept articulated by Rob Kirby and further refined through principles inspired by Peter Thiel’s Power Law. Marcellus aims to make wealth creation simple and accessible by acting as trustworthy and transparent capital allocators.
Marcellus’ investment philosophy is inspired by the ‘Coffee Can Portfolio’ concept—buying high-quality companies and holding them for long periods to harness exponential wealth creation. The firm believes in the Power Law of investing where a small number of companies generate disproportionate long-term returns. Its investing framework is built on three pillars: Clean Accounts (forensic accounting and capital allocation screens to define the investible universe), Capital Allocation (companies with superior capital allocation and reinvestment track records), and Competitive Advantage (deep primary research to identify firms with enduring competitive moats).
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Saurabh Mukherjea, FRSA
Founder and Chief Investment Officer
Saurabh Mukherjea is the Founder and Chief Investment Officer of Marcellus Investment Managers. Educated at the London School of Economics (BSc Economics with First Class Honours; MSc Economics with distinction), he co-founded Clear Capital in London and previously worked in institutional equities and research. He is widely recognized for his advocacy of long-term, high-quality investing inspired by the Coffee Can approach.

Pramod Gubbi, CFA
Client Advisory and Relationship
Pramod Gubbi is one of the founders of Marcellus. He previously served as Managing Director & Head of Institutional Equities at Ambit Capital and led Ambit’s Singapore office. He has extensive experience in institutional sales and equity markets.

Rakshit Ranjan, CFA
Fund Management
Rakshit has extensive experience in UK equities and institutional research, having worked with Lloyds Bank and Execution Noble. He launched and managed Ambit’s Coffee Can PMS before joining Marcellus. He holds a B.Tech from IIT Delhi and is a CFA charterholder.

Manish Hemnani
Technology and Operations
Manish is a Founder of Marcellus with over 12 years of experience in quantitative data analytics and research across global financial institutions. He previously founded Crosstab Limited in London.

Ashvin Shetty, CFA
Fund Management
Ashvin has more than 10 years of experience in equity research, including leading automobile sector coverage at Ambit Capital and managing mid and small cap PMS funds.

Sudhanshu Nahta, CA
Investments
Sudhanshu previously worked at Ambit Capital and KPMG, gaining experience in strategy, statutory audits, financial controls and statement analysis. He is a Chartered Accountant.

Nitesh Bhadani, CA
Client Advisory and Relationship
Nitesh has over 16 years of experience across investment banking, equity research and private equity, including roles at Ambit and SAIF Partners. He is a Chartered Accountant.

Tej Shah, CFA
Fund Management
Tej previously worked at Mayfield, a global venture capital fund, and has experience across multiple sectors in venture investing and equity research.

Salil Desai, CA
Investments
Salil joins from Premji Invest where he managed listed equities. Prior to that, he worked at IDFC Securities as a prominent equity analyst. He is a Chartered Accountant.

Parimal Deuskar, CS
Compliance and Legal
Parimal heads Compliance & Legal at Marcellus. Previously at Avendus Capital, he set up group compliance functions and has over 15 years of experience dealing with securities regulators globally.

Sapana Bhavsar
People and Culture
Sapana has over 15 years of experience in Human Resources, including leadership roles at CRISIL and Bank of America Merrill Lynch.

Jaibir Singh Sethi
Investments
Jaibir previously spent nine years at Premji Invest managing large listed equity portfolios and earlier worked at CLSA and Clear Capital in research roles.

Krishnan V R
Investments
Krishnan leads the Quantitative Research team and has experience in equity and fixed income research, including systematic index development at Morningstar.

Siddharth Joshi
Operations and Technology
Siddharth heads Operations and Technology with over 18 years of technology consulting experience in investment banking and financial institutions, including Nomura.

Arindam Mandal
Investments
Arindam brings over a decade of global investing experience, including nearly 10 years in the United States with Principal Global Investors as a quantitative analyst and fundamental equity researcher.

Achint Bhagat
Client Advisory and Relationship
Achint has over 10 years of capital markets experience including equity research at Ambit Capital and building equity sales presence in North America before joining Marcellus.
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Investments in securities markets are subject to market risks. Read all the related documents carefully before investing. Past performance is not indicative of future returns.