Name

MCB Capital Markets

Legal name

MCB Capital Markets Ltd

Website

https://mcbcapitalmarkets.mu

Company type

Private

Founded year

2006

Operating status

Operating

Ownership category

akta.pro rank

Product category

Investment Banking and Asset Management

NAICS

Portfolio Management and Investment Advice (523940), Securities, Commodity Contracts, and Other Financial Investments and Related Activities (523), Open-End Investment Funds (525910), Other Financial Vehicles (525990), Portfolio Management and Investment Advice (52394)

SIC

Security Brokers, Dealers & Flotation Companies (6211), Investment Advice (6282), Security & Commodity Brokers, Dealers, Exchanges & Services (6200), Loan Brokers (6163)

akta.pro primary industry

Capital Markets Advisory (IPO Readiness, SPAC, ECM/DCM Advisory) (BPAHAOAL)

akta.pro secondary industries

Equity Capital Advisory (Private Equity Placements, Growth Capital) (BPAHAOAE), Corporate Finance & Capital Advisory (BPAHADAB), Capital Raising Advisory (Equity & Equity-Linked) (FSAEAGAC), Debt Advisory & Financing Advisory (FSAEAGAD)

Keywords

• Investment management services
• Corporate finance advisory
• Securities brokerage trading
• Private equity investing
• Asset management products

Headquarters

HQ city

Port Louis

HQ country

Mauritius

HQ region

Africa

Offices1 record

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

Personnel, Operations, Technology or R&D, Marketing or Sales, Infrastructure, Supply Chain

Revenue model

1. Asset Management and Investment Management Fees: Revenue from managing collective investment schemes (mutual funds, ETFs) and bespoke portfolios for institutional and retail clients across equity and fixed income asset classes.
2. Corporate Finance Advisory Fees: Fees earned from advisory services including M&A transactions, capital raising, debt structuring, IPO advisory, and strategic financing for corporate clients across Africa.
3. Brokerage and Trading Commissions: Commissions from securities trading on Stock Exchange of Mauritius and global exchanges, market making activities, and sponsoring broker services.
4. Private Equity Returns: Returns on equity and quasi-equity investments through MCB Equity Fund (USD 100 million evergreen fund) and co-investments alongside international partners.
5. Registrar and Transfer Agent Services: Fees for maintaining shareholder and debt registers, processing corporate actions, dividend payments, and meeting management services.
6. Structured Products: Capital protected investment products providing exposure to global asset classes with 100% capital guarantee at maturity.

Pricing tiers

Go-to-market motion3 records

Distribution channels6 records

Marketing channels5 records

Core offering

MCB Capital Markets is the investment banking, proprietary investment and investment management arm of MCB Group. It delivers seven core service lines: investment management (portfolio management and advisory across equity and fixed income), brokerage and investments (securities trading on global exchanges), corporate finance advisory (M&A, capital raising, IPO, listings and debt restructuring), private equity (USD 100 million MCB Equity Fund for African growth companies), real assets (real estate investment via MCB Real Assets), registrar and transfer agency, and structured solutions (capital-protected Crescendo products). The product suite spans 12 mutual funds, one ETF, eight structured products and dedicated retail investment plans for education and retirement savings.

Product overview

MCB Capital Markets is the investment banking, proprietary investment and investment management arm of MCB Group, Mauritius's largest banking institution. The company operates as a comprehensive financial services platform offering seven core service lines: Investment Management (portfolio management and advisory), Brokerage & Investments (securities trading), Corporate Finance Advisory, Private Equity (MCB Equity Fund), Real Assets (real estate investment), Registrar & Transfer Agent services, and Structured Solutions. The product portfolio includes 12 mutual funds across equity, fixed income and multi-asset categories (MCB General Fund, MCB Tracker Fund, MCB Domestic Equities Fund, MCB Overseas Fund, MCB Yield Fund, MCB USD Bond Fund, MCB Africa Bond Fund, MCB USD Short Duration Fund, and four Target Date Funds for 2025-2040), one ETF (African Domestic Bond Fund), eight structured products under the Crescendo brand (World Market Leaders, Zenith Cross-Asset, Global Security, SmartTech, Global Infrastructure, Megatrends, Africa, and MAST), and two investment plans (Education Plan and Retirement Plan). These products are distributed through MCB branches, private bank, and the online investment platform Juice, serving both retail and institutional clients across Africa.

Differentiator

Problem solved

Functional benefit

Products and services

• Investment Management Discretionary and bespoke portfolio management and investment advisory for institutional and retail clients across equity and fixed income asset classes in global, regional and domestic markets, including fund selection and asset allocation services.
• Brokerage & Investments Execution and settlement of trades in stocks, bonds, ETFs and other securities on the Stock Exchange of Mauritius and global exchanges including LSE and NYSE, alongside market making and sponsored research services for institutional and retail clients.
• Corporate Finance Advisory Advisory services for mergers and acquisitions, capital raising, debt capital markets, strategic advisory, IPOs, listings, equity capital raising and corporate restructuring, including legal support and underwriting for corporate clients across Africa.
• Private Equity (MCB Equity Fund) Equity and quasi-equity financing to established and fast-growing businesses across Africa through an evergreen fund with committed capital of USD 100 million, investing alongside Development Financial Institutions, family offices and private equity firms with an average ticket size of USD 5 million per transaction.
• Real Assets (MCB Real Assets) Real estate investment activity through MCB Real Assets, a wholly-owned subsidiary of MCB Group, focused on acquiring prime real estate yielding assets in Mauritius across hospitality, renewable energy, logistics, telecoms and digital infrastructure, with a target portfolio size of EUR 200–250 million and target Loan-to-Value ratios of up to 60%.
• Registrar & Transfer Agent Services Maintenance of equity and debt registers, processing of subscriptions and redemptions, administration of entitlements and dividend or interest payments, and management of corporate actions for issuers, with proprietary technology capable of high-volume domestic and international bank account transfers.
• Structured Solutions (Crescendo product line) Capital protected investment products providing managed exposure to various underlying indices and asset classes with 100% capital guarantee at maturity, including the Crescendo product line and bespoke structured investment solutions for retail and private bank clients.
• African Domestic Bond Fund (ADBF) ETF Exchange traded fund providing exposure to pan-African local currency bond markets via a low-cost, liquid and transparent vehicle, tracking the AfDB/AFMISM Bloomberg African Bond Index 25% Capped.
• MCB Mutual Funds Suite Twelve collective investment schemes spanning domestic equities (MCB Domestic Equities Fund), index tracking (MCB Tracker Fund), multi-asset (MCB General Fund, MCB Overseas Fund), target date retirement funds (2025, 2030, 2035, 2040), and fixed income including MCB Yield Fund, MCB USD Bond Fund, MCB Africa Bond Fund and MCB USD Short Duration Fund, accessible from MUR 500 per month.
• Crescendo World Market Leaders Five-year capital protected structured note providing managed exposure to the performance of the world's top 25 companies, with 100% capital protection at maturity, available in MUR 55 (55% participation, 1.8% p.a.) and MUR 130 (130% participation) tier options and quarterly liquidity, minimum investment MUR 200,000.
• Zenith Cross-Asset Five-year capital protected investment enabling rules-based exposure to major global asset classes with adaptive allocation according to prevailing economic scenarios.
• Crescendo Global Security Capital protected investment note in cybersecurity and online protection companies, returning 100% of capital at maturity with a conditional return of up to 5% p.a.
• Crescendo SmartTech Capital protected investment note in Smart Technologies and the Communication sector, returning 100% of capital at maturity with a guaranteed minimum return of up to 15%.
• Crescendo Global Infrastructure Capital protected investment note in global infrastructure assets including toll roads, rail, gas, water distribution and hospitals, providing 100% capital guarantee with a guaranteed minimum return of up to 12.5%.
• Crescendo Megatrends Capital protected investment note providing exposure to global megatrends including rapid urbanisation, climate change, demographic and social change and disruptive innovation, returning 100% of capital with a guaranteed minimum return of up to 12.5%.
• Crescendo Africa Capital protected investment note providing exposure to African growth opportunities, with capital 100% guaranteed by MCB at maturity and participation in Africa's economic development.
• Crescendo MAST Five-year capital guaranteed investment note providing dynamically managed multi-asset strategy exposure to equities, commodities, currencies and fixed income.
• Education Plan Long-term savings plan designed to fund children's higher education, with regular monthly contributions starting from MUR 1,000, additional contributions at any time, annual escalation options, expert investment advice, bundled life insurance cover and eligibility for the MCB Campus preferential education loan.
• Retirement Plan Customised retirement savings plan offering flexible contribution options, choice of retirement age, automatic annual escalation of 5%, 10% or 15%, additional voluntary contributions, optional insurance cover and secured investment transfer options in the years preceding retirement.

Quantifiable outcome

• 16.23% Total Return for African Domestic Bond Fund (as of July 2026)
• +3 more outcomes

Named customers11 records

Segments5 records

Ideal customer profiles5 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature2 records

Partnerships

Two partnerships are on record, tiered minor.

• AEGIDE DOMITYSminorStrategic or Co-development PartnerMCB Real Assets partnered with AEGIDE DOMITYS (leading operator of senior residence in France) alongside 2Futures (Mauritian property developer) for EUR 58.5 million Le Domaine de Grand-Baie senior serviced residence project.
• 2FuturesminorStrategic or Co-development PartnerJoint development partner in Le Domaine de Grand-Baie senior serviced residence project, combining local property development expertise with international operational partners.

Scale indicators18 records

Recent moves8 records

Expansion highlights6 records

Broad incumbents

• Absa Bank Mauritius: Subsidiary of Absa Group providing investment banking, asset management, and brokerage in Mauritius. Comparable as a multi-line financial services competitor with similar African cross-border reach.
• Standard Chartered Bank Mauritius: Global bank with significant Mauritius presence offering corporate finance, brokerage, and wealth management services. Directly comparable as a full-service capital markets operator in the same geography.
• SBM Holdings: One of the largest banking groups in Mauritius offering investment management, brokerage, and corporate finance. Direct competitor in the Mauritian capital markets ecosystem.

Direct peers

• CIM Finance: Mauritius-based financial services firm offering asset management, stockbroking, and corporate finance advisory. Direct peer in providing investment management and corporate finance services to local and regional clients.
• AfrAsia Bank: Mauritius-based bank specializing in private banking, wealth management, and corporate finance. Highly comparable as a domestic competitor serving HNW and institutional clients with similar product breadth.
• Endeavour Capital Advisors: Africa-focused advisory firm providing M&A, capital raising, and strategic advisory. Comparable as a regional investment banking competitor with similar African deal pipeline focus.

Emerging players

• Actis: Emerging markets private equity firm with significant African focus. Comparable as a PE investor co-investing across African growth opportunities alongside MCB Equity Fund.
• Amethis: Pan-African PE fund with co-investment history alongside MCB Equity Fund (e.g., Naivas). Comparable as an African growth equity investor with similar regional portfolio focus.
• African Development Bank (AfDB Capital Markets): Anchors and sponsors the African Domestic Bond Fund alongside MCB Capital Markets. Relevant as a co-creator of the ADBF platform and as a major source of African bond issuance and structured product activity.
• Development Partners International (DPI): Africa-focused PE manager with growing pooled funds. Comparable as an emerging Africa PE competitor alongside MCB Equity Fund's USD 100M evergreen vehicle.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks6 records

Key highlights7 records

Customer concentration

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Subsidiaries7 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about MCB Capital Markets