MCB Equity Fund is the private equity arm of MCB Group, the largest banking institution in Mauritius and sole shareholder of the fund. The fund is managed by MCB Capital Partners, a wholly owned subsidiary of MCB Capital Markets.
An evergreen fund with a committed capital of USD 100 million, MCB Equity Fund provides equity and quasi equity to established and fast growing businesses across Africa. Our investment team focuses on maximising returns on invested capital and on developing a wide network of like-minded investors. We take minority stakes alongside a range of international partners, including Development Financial Institutions, family offices, private equity firms and corporates, and work with them in identifying attractive investment opportunities and in creating value.
Key features of our strategy
- Equity and quasi equity
- Co-investment alongside experienced investors
- Minority stakes
- Country and sector agnostic
- Flexible investment horizon
- Average investment of USD 5m per transaction
Why us?
- Swift decision-making process
- Strong deal pipeline
- Broad network of partners in Africa
- Patient capital with no definite exit timeframe
- Access to senior debt through MCB bank
EUR 45 million
MCB Equity Fund partnered with Metier-led consortium to invest in Africa Mobile Networks Ltd (AMN) to expand coverage in remote rural Africa.
Senegal
MCB Equity Fund acquired a significant minority stake as part of a consortium of private investors, including a major industrial group.
Kenya
MCB Equity Fund co-invested alongside Amethis, DEG and IFC to acquire a significant minority stake in Naivas, the largest supermarket chain in Kenya.
France
The management of Kwik-Fit Holding France (renamed Speedy) led a leveraged buy-out transaction, backed by MCB Equity Fund and MCB Bank, from Itochu Corp and exited to Bridgestone.