Single Family Office

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Müller-Möhl Group

The Müller-Möhl Group was founded in 2000 by Carolina Müller-Möhl as the dedicated single-family office for the fortune created by her late husband, Ernst...

Müller-Möhl Group

The Müller-Möhl Group was founded in 2000 by Carolina Müller-Möhl as the dedicated single-family office for the fortune created by her late husband, Ernst Müller-Möhl, the founder of Bank am Bellevue. The firm operates from a headquarters at Weinplatz 10 in Zurich, Switzerland, and the principals have not disclosed a total headcount. Carolina Müller-Möhl steers the office, supported by a core team including board members Felix Ehrat, former Group General Counsel of Novartis, and Alex Vukajlovic, founder of Cape Capital AG. The group pursues a long-term asset management strategy that prioritizes diversification across asset classes and geographies. The portfolio spans traditional allocations, hedge funds, private equity, private credit, direct co-investments and special purpose vehicles, venture capital, and real estate. The geographic footprint reaches across Europe, North America, Asia, Africa, and the Middle East. Known direct holdings include a Swiss commercial real estate portfolio, a position in the Fielmann AG Supervisory Board, and a historical portfolio of mixed-use assets via Orascom Development Holding AG that spanned Switzerland, Egypt, the UAE, Oman, and Montenegro. The office does not publish a consolidated deployment figure. Carolina Müller-Möhl holds a board seat at Fielmann AG alongside Georg Alexander Zeiss of Fielmann Family Office GmbH, and she served on the Orascom Development Holding board from 2008 to 2022. The family’s institutional footprint extends into philanthropy through the elea Foundation for Ethics in Globalization, the Pestalozzi Foundation, and the Müller-Möhl Foundation. Carolina Müller-Möhl acts as Jury President for the Swiss Economic Award and sits on the Advisory Board of the University of Zurich. The group integrates a family-office operating company with a dedicated philanthropic foundation network, a structure that separates mission-related investing from pure-return mandates. Carolina Müller-Möhl’s public board roles—including her tenure at Nestlé (2004–2012) and Kühne Holding (2006–2008)—offer a direct sourcing channel into European industrial and consumer companies that few family offices of comparable scale can replicate.

General information

Firm type

Single Family Office

Year founded

2000

AUM

~$966M (Altss estimate)

Location

Region

Europe

Country

Switzerland

City

Zurich

Corporate office

Weinplatz 10, 8001 Zurich, Switzerland

Principals

Carolina Müller-Möhl

Founder

Felix Ehrat

Board Member

Alex Vukajlovic

Board Member

Sandro Fröhlich

Team

Daniel Schäfli

Team

Jeanne Ehrensperger

Team

Sector focus

FinTechHealthcare ServicesIndustrial TechClimateTechDigital HealthCircular Economy

Frequently asked questions

Who runs investment decisions at Müller-Möhl Group?

Carolina Müller-Möhl leads the group, supported by board members Felix Ehrat and Alex Vukajlovic, along with a small in-house team. Ehrat is the former Group General Counsel of Novartis, and Vukajlovic founded Cape Capital AG. The firm has not publicly identified a standalone CIO, indicating that strategic allocation decisions remain centralized with the founder and board.

How is Müller-Möhl Group structured relative to its philanthropic activities?

The office operates separately from its foundations, notably the elea Foundation for Ethics in Globalization, the Pestalozzi Foundation, and the Müller-Möhl Foundation. This architecture allows the family to pursue mission-related and impact investments through the foundations while the single-family office focuses on risk-adjusted returns across traditional and alternative asset classes.

Where does the underlying wealth come from?

The fortune originates with Ernst Müller-Möhl, who founded Bank am Bellevue, a Swiss financial institution. Following his passing, Carolina Müller-Möhl established the family office in 2000 to steward the capital. The family maintains ties to the Swiss financial and industrial landscape through board seats and real asset holdings.

Does Müller-Möhl Group participate in fund commitments or only direct deals?

The group employs a hybrid approach, allocating to fund-of-funds structures, direct co-investments and SPVs, and direct venture deals across early-stage and growth companies. The office also holds hedge fund positions, private credit, and real estate, reflecting a multi-asset strategy rather than a pure-direct mandate.

Which sectors does Müller-Möhl Group explicitly target?

Confirmed sector tags from primary research include FinTech, Digital Health, ClimateTech, Healthcare Services, Industrial Tech, and Circular Economy. The office also lists a technology focus on biotech. There is no public negative list, but the stated sectors align with Carolina Müller-Möhl’s board-level exposure to industrials, financials, and healthcare.

Profile maintained by using OSINT (open-source intelligence), regulatory filings, licensed data partners, and verified direct submissions. Read the methodology. Last updated: . Continuous refresh with full update cycles at least every 30 days.

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