What SWAN Capital Solutions does

SWAN Capital Solutions is the non-insurance financial services arm of Mauritius-based Swan General Ltd, operating as a unified brand since April 2022. The company is headquartered at Swan Centre, Port Louis, and currently employs between 101 and 250 staff, including a team of 52 professionals distributed across six business units. It serves high net worth individuals, corporates, and financial institutions both domestically and internationally, with managed assets exceeding Rs 75 billion through its wealth management arm.

The company's offerings span four integrated pillars: Investment Solutions (wealth management, a multi-currency suite of Swan Global Funds including money market, income, equity, emerging markets, private equity, and fixed maturity bond vehicles, plus trading and research through Swan Securities Ltd); Financing Solutions (real estate loans from 6.15% p.a., personal loans from 7% p.a., investment-backed loans collateralized on Swan funds, and commercial lending); Corporate Advisory Services (fund raising, valuation, and restructuring advisory); and Forex Services (spot, forward, and swap transactions through Swan Forex Ltd). The technology backbone is a global investment platform offering access to ETFs from iShares, Vanguard, SPDR, X-trackers, and Invesco, plus international corporate and sovereign bonds rated by Moody's and S&P, and feeder access to Schroders' GAIA II Private Equity and Special Situations Fixed Maturity Bond 7.

Revenue is generated through a mix of recurring and transactional streams: management and performance fees on AUM, interest income from lending, transaction-based corporate advisory fees (e.g., Innodis Rs 800M Note Programme and United Docks MUR 750M Note Programme), subscription and entry charges on funds, forex spreads, and trading commissions. The go-to-market is relationship-led and advisory-led, leveraging the broader Swan Group's branch network and brand equity built over 168 years of group history. Distribution is anchored through dedicated teams of relationship managers, wealth managers, and trading desks, with Swan Securities operating as a member of the Stock Exchange of Mauritius.

Name

SWAN Capital Solutions

Legal name

Swan General Ltd

Website

https://swancapitalsolutions.com

Company type

Private

Founded year

2022

Operating status

Operating

Headcount range

11–50 employees

Short description

SWAN Capital Solutions is the non-insurance financial services arm of Mauritius-based Swan Group, providing wealth management, investment funds, lending, corporate advisory, and forex services to high net worth individuals, corporates, and financial institutions across Mauritius and internationally.

Ownership category

akta.pro rank

Product category

Wealth Management & Capital Markets Services

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)

SIC

Investment Advice (6282), Security Brokers, Dealers & Flotation Companies (6211), Short-Term Business Credit Institutions (6153), Finance Services (6199)

akta.pro primary industry

Capital Raising Advisory (Equity & Equity-Linked) (FSAEAGAC)

akta.pro secondary industries

Wealth Lending & Credit Solutions (Lombard/Margin, Mortgages, Structured Credit) (FSAAABAG), Debt Advisory & Financing Advisory (FSAEAGAD), Debt & Capital Advisory (Debt Raising, Refinancing, Private Credit) (BPAHAOAD), Capital Markets Advisory (IPO Readiness, SPAC, ECM/DCM Advisory) (BPAHAOAL)

Keywords

• Wealth management services
• Investment fund management
• Corporate finance advisory
• Securities brokerage
• Foreign exchange services

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

Revenue model

1. Investment Management & Advisory Fees: Revenue from managing Swan Global Funds and providing discretionary portfolio management, asset allocation, and wealth management services. Includes management fees, performance fees, and advisory charges. The company manages over Rs 75 billion in assets.
2. Financing / Lending Income: Interest income from real estate loans, personal loans, investment-backed loans, and commercial lending. Variable interest rates apply (e.g., from 6.15% per annum for real estate loans).
3. Trading & Securities Commissions: Swan Securities Ltd, licensed as an Investment Dealer (Full Service Dealer including Underwriting), generates commissions from securities trading, research reports, and advisory services.
4. Forex Transaction Fees: Revenue from forex spot, forward transactions, and forex swap services provided through Swan Forex Ltd.
5. Corporate Advisory & Capital Raising Fees: Fees for fund raising advisory, corporate restructuring, valuation and business plan services. The company has guided clients through note programmes and capital raises (e.g., Rs 800M for Innodis Ltd, MUR 750M for United Docks Ltd).
6. Subscription & Entry Charges: Entry/subscription charges on investment funds (e.g., up to 3.0% for Swan Global Private Equity Fund, up to 2% for Fixed Maturity Bond).

Pricing tiers

Go-to-market motion2 records

Distribution channels5 records

Marketing channels5 records

Core offering

SWAN Capital Solutions delivers investment, wealth management, trading, financing, corporate advisory, and foreign exchange services under a single brand. Its offerings span discretionary portfolio and asset management, a suite of in-house collective investment schemes (money market, income, equity, private equity, and fixed maturity bond funds), securities dealing and research on the Stock Exchange of Mauritius, secured personal and commercial lending, corporate fund-raising and restructuring advisory, and forex spot, forward, and swap execution.

Product overview

SWAN Capital Solutions operates as a unified platform under Swan Group, providing comprehensive non-insurance financial solutions through four main service categories: Investment Solutions (wealth management, investment funds, trading solutions), Financing Solutions (personal and commercial loans), Corporate Advisory Services (fund raising, valuation, restructuring), and Forex Services. The platform integrates Swan Wealth Managers Ltd, Swan Global Funds Ltd, Swan Securities Ltd, Swan Corporate Advisors Ltd, Swan Forex Ltd, and the Loans department of Swan Life into a single touchpoint serving high net worth individuals, corporates, and financial institutions in Mauritius and internationally. The product portfolio includes money market funds (USD/MUR/Euro), income funds, equity funds (domestic and emerging markets), alternative investments including private equity (Schroders GAIA II), fixed maturity bonds, personal and commercial loans, corporate advisory, and forex services.

Differentiator

Problem solved

Functional benefit

Brands

• Swan Wealth: Wealth management and investment advisory services for individuals and institutions
• Swan Global Funds
• Swan Securities
• Swan Forex
• Swan Corporate Advisors
• Swan Forex Ltd

Products and services

• Wealth Management Bespoke discretionary portfolio management and asset allocation service for high net worth individuals and institutions, providing access to a global investment platform of ETFs, mutual funds, and international corporate and sovereign bonds.
• Swan Money Market Fund (USD) USD-denominated money market fund (ISIN MU0768S00020) with minimum investment of USD 5,000, daily valuation, and ability to withdraw on a daily basis; designed for short-term investors seeking USD liquidity.
• Swan Income Fund Medium-term fixed-income investment solution providing regular income distribution twice a year with conservative investment exposure.
• Swan Global Private Equity Fund Alternative investment feeder fund providing access to global private equity via Schroders GAIA II; minimum subscription USD 10,000 (USD 5,000 additional), subscription charges up to 3.0%, quarterly redemption, accessible in MUR, USD, EUR, and GBP.
• Swan Fixed Maturity Bond (Maturity: 2029) Open-ended CIS feeder fund invested 100% in Schroder Special Situations Fund Fixed Maturity Bond 7 (USD), maturity May 2029, quarterly dividend distribution, minimum investment USD 50,000, entry fees up to 2%.
• Trading Solutions Investment dealing services covering local and international trading desks, research advisory, and market statistics on the Official Market and DEM segments of the Stock Exchange of Mauritius.
• Real Estate Loan Secured residential or investment property financing with terms up to 30 years (max age 65), financing up to 100% of project cost, variable interest rates from 6.15% per annum (Swan PLR 6.825% less 0.675%), collateralised by first rank fixed charge on property, with life and building insurance required and moratorium period available.
• Personal Loan Secured personal lending solution for cars, weddings, education, and other short- to long-term financing needs; loan amounts from MUR 500,000, terms up to 10 years (max age 65), interest rates from 7% per annum, collateralised by first rank fixed charge on property.
• Investment Backed Loans Secured lending allowing clients to borrow against Swan Global Funds (Income Fund, Equity, Emerging Funds) or a portfolio of securities held with Swan Securities Ltd; terms up to 10 years (max age 65), currency MUR, variable interest rates from 6.65% per annum, collateralised by pledge on investments.
• Commercial Financing Corporate commercial and refinancing solutions for business projects, working capital needs, and strategic financing requirements from short-term and long-term perspectives.
• Fund Raising Advisory End-to-end capital raising advisory including unsecured debt, bond and share offerings, investor network access, structuring of note programmes, and listings on the Stock Exchange of Mauritius.
• Valuation & Business Plan Business valuation services including purchase price allocation, intellectual property valuation, mark-to-market valuations, tax valuations, and dispute advisory, plus comprehensive business planning with market research.
• Corporate Restructuring Advisory Restructuring advisory including formation/liquidation advisory, re-capitalization, financial viability studies, crisis stabilization, and turnaround strategies.
• Swan Forex Foreign exchange services providing forex spot, forward, and swap transactions with transparent quality execution and competitive trading conditions; serves both corporate and individual clients via dedicated Forexperts.

Quantifiable outcome

• Over Rs 75 billion in assets under management
• +5 more outcomes

Named customers4 records

Segments3 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

14 partnerships are on record, tiered core and minor.

• CIM Forex Ltd (Acquired)coreOthers · 1 June 2022CIM Forex Ltd was acquired by the Swan Group and rebranded as Swan Forex Ltd in June 2022. This acquisition expanded Swan Capital Solutions' presence in the foreign exchange market, adding forex spot, forward transactions, and swap services. The acquisition aligns with the group's ambition to offer interconnected solutions and combined offerings to clients.
• SchroderscoreStrategic or Co-development Partner · 1 April 2022Swan Capital Solutions partnered with Schroders to offer the Swan Global Private Equity Fund, a feeder fund of Schroders GAIA II Global Private Equity Fund. This partnership provides access to exclusive top-tier private market deals sourced globally, managed by an expert team recognized worldwide. Schroders is a globally recognized asset management firm.
• iShares (BlackRock)minorOthersSwan Wealth provides access to Exchange Traded Funds from iShares, one of the world's largest ETF providers, as part of its global investment platform.
• VanguardminorOthersSwan Wealth provides access to Vanguard ETFs through its global investment platform, offering low-cost investment options to clients.
• State Street Global Advisors (SPDR)minorOthersSwan Wealth provides access to SPDR ETFs through its global investment platform.
• Deutsche Bank AWM X-trackersminorOthersSwan Wealth provides access to Deutsche Bank X-trackers ETFs through its global investment platform.
• Invesco PowerSharesminorOthersSwan Wealth provides access to Invesco PowerShares ETFs through its global investment platform.
• BlackRockminorOthersInternationally renowned fund provider providing investment management solutions accessible through Swan Wealth's global platform.
• JP MorganminorOthersInternationally renowned fund provider providing investment management solutions accessible through Swan Wealth's global platform.
• Goldman SachsminorOthersInternationally renowned fund provider providing investment management solutions accessible through Swan Wealth's global platform.
• AXAminorOthersInternationally renowned fund provider providing investment management solutions accessible through Swan Wealth's global platform.
• ThreadneedleminorOthersInternationally renowned fund provider providing investment management solutions accessible through Swan Wealth's global platform.
• JanusminorOthersInternationally renowned fund provider providing investment management solutions accessible through Swan Wealth's global platform.
• Financial Services Commission (FSC) MauritiuscoreOthersSwan Capital Solutions operates under the regulatory oversight of the Financial Services Commission of Mauritius. Swan Global Funds Ltd is authorised by the FSC to operate as a collective investment scheme under the Securities Act 2005. Swan Securities Ltd is licensed by the FSC as an Investment Dealer (Full Service Dealer including Underwriting).

Scale indicators7 records

Recent moves8 records

Expansion highlights5 records

Others

• Pictet Wealth Management:

Direct peers

• Rogers Capital: The most direct competitor to Swan Capital Solutions in Mauritius, offering an integrated suite of investment management, corporate advisory, stockbroking and forex services. Comparable in business mix, target client base (HNW and corporates) and regulatory positioning under the FSC.
• MCB Capital Markets: The capital markets arm of Mauritius Commercial Bank, providing securities dealing, corporate finance advisory, asset management and research services in Mauritius. Closely comparable in service breadth and local-market positioning, though anchored to a banking parent rather than an insurance/conglomerate parent.
• AfrAsia Bank Limited: Mauritius-based bank providing private banking, wealth management, treasury and corporate banking to HNW and institutional clients. Comparable in targeting Africa-Indian Ocean HNW clients and offering multi-currency investment products.

Broad incumbents

• HSBC Mauritius: Global private bank and corporate finance provider operating in Mauritius. Overlaps with Swan Capital Solutions in wealth management, FX, lending and advisory services to HNW and corporate clients, but with significantly larger scale and broader international reach.
• Standard Chartered Mauritius: Global bank with a Mauritius branch providing wealth management, corporate advisory, trade finance and FX services. Comparable in serving HNW and corporate clients in Mauritius, but operating as part of a much broader global franchise.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks6 records

Key highlights7 records

Customer concentration

• Facebookfacebook.com/SWAN-Capital-Solutions-100086423426525
• LinkedInlinkedin.com/company/swancapital-solutions

Revenue estimate

Valuation estimate

Number of profiles

Profiles7 records

Subsidiaries6 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 SWAN Capital Solutions