Manta Capital Advisory
Approach · Approche

Approach in depth

Three principles, written so investors can hold us to them. Below: how we apply each in practice — and what we won't do.

Methodology

Three filters. One book.

Every mandate passes the same three filters before LP capital is committed. The deep-dive below shows how each is applied — and where market practice falls short.

I.

Concentration over breadth.

Six to nine new mandates a year, not sixty. Every line earns first-name conviction and three rounds of diligence — never a checkbox memo.

What we don't
  • Sixty mandates
  • Checkbox memos
  • Volume metrics
II.

Direct before fund.

Where structure permits, single-asset SPVs and direct co-investments. LPs see the underlying line, not a blind pool.

What we don't
  • Blind pools
  • Layered fees
  • Opaque attribution
III.

Discretion over visibility.

Open mandates are never published. Closed ones become case studies only with the principals' agreement. The website is information, not solicitation.

What we don't
  • Public league tables
  • Press releases
  • Logo walls
How we structure

Single-asset SPVs, when they make sense.

We default to single-asset Luxembourg SCSp or Cayman ELP vehicles when the underlying deal is concentrated enough to deserve a dedicated wrapper. LPs receive a per-vehicle term sheet, a clean cap table, and quarterly NAV — not a fund prospectus that paragraph 47 mentions the asset they're invested in.

  • Carry set per mandate, paid only on realisation, never on commitment
  • Co-investment alongside the operator, not behind a fund-of-funds wall
  • Watermarked materials, audit-grade access logs at the LP level
Continue reading

See the sectors

Each lane is sourced through long-standing relationships and vetted alongside operators we have followed for cycles.