ANEX Group

What ANEX Group does

ANEX Group is a privately held boutique financial services firm headquartered in the Mauritius International Financial Centre, operating continuously since 1994. The firm delivers four integrated service lines to a horizontal client base: corporate and fund administration, back-office and outsourced operational services, structuring and tax consultancy, and private wealth, trust, and foundation services. Clients are segmented across asset managers, high-net-worth individuals, professional advisors (lawyers, accountants, consultants), and family offices with multi-jurisdictional structuring requirements. The firm emphasizes cross-border expertise in Mauritius tax, company law, corporate governance, and regulatory compliance across multiple African, Middle Eastern, South Asian, and European jurisdictions.

The firm employs a team of 60+ qualified professionals (CIMA, ACCA, Chartered Institute of Bankers credentials), with leadership drawn from tier-one institutions including HSBC Mauritius, Grant Thornton, PwC, and the Bank of Mauritius. Operations are distributed across a headquarters in Ebene, Mauritius, a registered office in Seychelles, and representative coverage in Dubai, Egypt, India, South Africa, Uganda, and the UK, totaling 8 countries. The firm reports over USD 1 billion in administered structures and operates with an independent shareholding and management structure to mitigate conflicts of interest.

The business model is fee-based professional services revenue, with services priced on a tailored, quote-driven basis given the personalized nature of the offerings. Go-to-market is sales-led and relationship-driven, relying on direct client engagement, professional referrals, and membership in industry associations (ICAEW, ATMC Mauritius, Global Finance). Pricing is not publicly disclosed. The firm maintains no proprietary technology platform, no disclosed AI/ML capabilities, no external funding, and no parent company or subsidiaries; ownership and management are independent, led by Group CEO Farhana Alimohamed (in role since 2007) alongside Director Sandeep Doorgakant and Independent Director Iqbal Belath.

Name

ANEX Group

Legal name

ANEX Group

Website

https://anexgroup.mu

Company type

Private

Founded year

1994

Operating status

Operating

Headcount range

51–100 employees

Short description

ANEX Group is a Mauritius-based boutique financial services firm, operating since 1994, that provides corporate/fund administration, back-office outsourcing, tax structuring advisory, and private wealth/trust services to asset managers, HNWI, professional advisors, and family offices across 8 countries.

Ownership category

akta.pro rank

Product category

Corporate & Fund Administration Services

NAICS

Management Consulting Services (54161), Portfolio Management and Investment Advice (523940), Other Management Consulting Services (541618)

SIC

Services-Management Services (8741), Services-Management Consulting Services (8742), Investment Advice (6282)

akta.pro primary industry

Corporate Strategy Advisory (BPAHADAA)

akta.pro secondary industries

Family Office Advisory (Single/Multi-Family) (FSAEAAAI), Advisory Portfolio Management (Non-Discretionary) (FSAAABAD), Local Entity Setup & Expansion Advisory (Market Entry, Subsidiary Formation) (BPACAHAM)

Keywords

• Corporate administration services
• Fund administration services
• Private wealth management
• Tax structuring advisory
• Trust and foundation services

Headquarters

HQ city

Ebène

HQ country

Mauritius

HQ region

Africa

Offices3 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Infrastructure, Others

Revenue model

1. Financial Services Fees: ANEX generates revenue through fees for professional services including corporate and fund administration, back-office and outsourced services, structuring and consultancy, and private wealth management including trust and foundation services.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels2 records

Core offering

ANEX Group is a boutique financial services firm offering corporate and fund administration, back-office and outsourced services, structuring and consultancy, and private wealth/trust/foundation management. The firm provides administrative, accounting, compliance, tax advisory, and corporate governance support to asset managers, high net worth individuals, family offices, and professional advisors across multiple jurisdictions from its Mauritius headquarters.

Product overview

ANEX Group offers a unified suite of financial and administrative services through its Mauritius-based boutique firm. The core portfolio consists of five integrated service pillars: Corporate & Fund administration, Back-Office & Outsourced Services, Structuring & Consultancy, Private Wealth, Trust & Foundation, and Additional Services. The offerings are designed to work together to provide end-to-end support for asset managers, high net worth individuals, family offices, and professional advisors. The firm leverages its team of 60+ professionals to deliver personalized administrative, accounting, structuring, and advisory services across multiple jurisdictions.

Differentiator

Problem solved

Functional benefit

Products and services

• Corporate & Fund Administration Corporate and fund administration services providing comprehensive support for asset managers, fund managers, and corporate entities, including investment structure administration and corporate governance support.
• Back-Office & Outsourced Services Outsourced back-office operations including accounting, administration, and operational support services for asset managers and corporate clients.
• Structuring & Consultancy Advisory services for corporate and tax structuring, risk mitigation, and investment optimization solutions, leveraging deep expertise in Mauritius tax, Company law, corporate governance and compliance.
• Private Wealth, Trust & Foundation Wealth management and estate planning services including trust structures, foundations, and family office solutions for high net worth individuals and family offices.
• Additional Services Additional specialized services complementing the core offerings to provide comprehensive financial solutions.

Segments4 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Three partnerships are on record, tiered minor.

• Global FinanceminorOthersANEX is a member of Global Finance, an industry organization for financial services firms.
• ATMC (ATMC Mauritius)minorOthersANEX is a member of ATMC (ATMC Mauritius), an industry association for trust and corporate service providers.
• ICAEW (Institute of Chartered Accountants in England and Wales)minorOthersANEX is a member of ICAEW, demonstrating professional standards and credentials in accounting and finance.

Scale indicators4 records

Recent moves5 records

Expansion highlights4 records

Broad incumbents

• TMF Group: Large global provider of corporate secretarial, fund administration, accounting and tax services across 80+ jurisdictions, including a substantial Mauritius operation.
• Vistra: Major international corporate services and fund administration group with presence in Mauritius and across Africa/Asia, competing for similar cross-border mandates.
• JTC Group: Listed global provider of fund, corporate and private client services with cross-border structuring capabilities overlapping ANEX's service pillars.
• IQ-EQ: Global fund administration, corporate services and wealth structuring platform with established Mauritius operations serving asset managers and family offices.

Direct peers

• Trident Trust: Global corporate, fund and trust services group with significant Mauritius presence, directly competing for HNW and asset-manager structuring mandates.
• Multiconsult Management Group (MMG): Mauritius corporate services and administration firm serving fund managers, corporates and private clients with structuring and compliance support comparable to ANEX's offering.
• Axis Fiduciary Ltd: Mauritius-licensed corporate services, fund administration and trust services provider targeting asset managers, family offices and HNWIs from the same jurisdiction.
• AAA Integrity Ltd: Mauritius-licensed corporate, fund administration and fiduciary services provider competing in the same IFC ecosystem with comparable client segments.
• CIM Corporate Services: Mauritius-headquartered corporate, fund, and trust administration provider offering overlapping services to asset managers and private clients through the MIFC.
• Intercontinental Trust Ltd: Mauritius-based corporate and fund administration, fiduciary, and private-wealth services firm operating inside the same IFC with a comparable HNW and asset-manager client base.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat4 records

Key risks5 records

Key highlights7 records

Customer concentration

• Facebookfacebook.com/AnexManagementServices
• Xx.com/AnexManagement
• LinkedInlinkedin.com/company/anexmanagementserviceslimited

Revenue estimate

Valuation estimate

Number of profiles

Profiles3 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 ANEX Group