Who we are
About us

01. WHO WE ARE

Our story began in 2003 when two experienced finance professionals, Philippe Hardy and Vincent Desvaux de Marigny, founded DMH Associates with the vision of providing independent and professional advice to entrepreneurs, high net-worth individuals, and their families.

From our base in Mauritius, we offer a range of financial and investment services that are licensed and regulated by the Mauritius Financial Services Commission. We provide wealth management, stockbroking, and corporate finance advisory services to individuals and businesses alike.

At DMH, we pride ourselves on our commitment to high ethical standards and compliance. We believe in the value of integrity, and we bring a human touch to all our work processes. Our team of professionals has the skills, expertise, and experience necessary to help you achieve your financial objectives.

We understand that every client is unique, which is why we take a personalised approach to our services. We work closely with you to understand your financial goals, and we develop customised strategies to help you reach them.

Milestones

2003

Incorporation of DMH Associates Ltd, the first fee only independent Wealth and Corporate Advisory firm in Mauritius.

2006

Start of collaboration with UBS for the management of our clients' foreign investments and banking needs.

2013

Launch of a fully-fledged Wealth Management service with the in-house integration of the management of our clients' portfolio of investments on the local stock exchange.

2016

Acquisition of Ramet & Associés, a pioneer of the stockbroking industry in Mauritius offering trading services on the Mauritian Stock Exchange.

2018

DMH Associates becomes one of the first companies in Mauritius to be licensed for Corporate Finance Advisory service under the new licensing rules.

2022

To better serve our customers and accommodate our teams, we moved to our new office at La Place de Moulin on the Port Louis Waterfront.

2023

Following the amendment in licensing regulations DMH Associates becomes one of the first companies in Mauritius to be licensed for a Family Office service.

 

DMHat a glance

CORPORATE FINANCE

  • Transaction
    value since 2003.

MUR 10.7 Billion

FAMILY OFFICE

  • Assets under
    management.

MUR 4.9 Billion

PORTFOLIO MANAGEMENT

  • Funds
    under Management.

MUR 2.1 Billion

STOCKBROKING

  • Assets under
    administration.

MUR 7.8 Billion

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Mission / Vision

OUR VISION

Ethical financial solutions at the service of people.

OUR MISSION

Provide tailor-made services to our client to help achieve their financial objectives.

02. Members of the Board

We specialise in offering client-centric investment and financial advisory services. When helping you make the right financial decisions for your future, every DMH professional believes in acting as your trusted partner - not just a service provider.

  • VINCENT DESVAUX DE MARIGNY

    VINCENT DESVAUX DE MARIGNY

    Head of Wealth Management

    Vincent leads the firm’s Wealth Management services. These comprise the Family Office, Portfolio Management and Stockbroking services. With a focus on high-net- worth individuals, Vincent handles the setting up of family constitutions. Accompanying clients in a comprehensive manner, he acts as independent adviser on family councils and boards of family businesses. Vincent holds a Degree in Finance (DUT Finance) from the University of Tarbes, France, and obtained an MBA from Esicad Montpellier, France.

  • PHILIPPE HARDY

    PHILIPPE HARDY

    Head of Corporate Finance

    Philippe is the leading partner of the firm’s corporate finance advisory services. Over the past 20 years, he has coordinated and advised on countless capital structuring, project financing and M&A transactions across diverse industries. He has a recognised expertise in dealing with entrepreneurial and family owned businesses of all sizes. Philippe holds an honours degree in Mathematics and Financial Management and is an Associate of the Royal College of Science of London through the Imperial College of Science, Technology & Medicine. He acts as a director on several public and private companies, chairing audit committees in various instances.

  • PETER BACON

    PETER BACON

    Chairman – Independent Director

    Peter joined the board as an Independent Non-Executive Director in 2016. As our Chairperson he brings a wealth of business experience and knowledge to our company having a professional career spanning over 40 years in the hospitality industry. Peter spent over thirty years with the Sun International Group and was the Chief Executive from 1994 up until his retirement in 2006. He has been an Independent Non-Executive Director on several international and listed companies’ boards, including Woolworths Holdings Ltd and Sun International Ltd as well serving as chairman of a number of non-profit organisations including the National Sea Rescue Institute of South Africa, Cape Town Routes Unlimited and TheTourism Grading Council of South Africa. He also served as a Director on the board of South Africa Tourism. Peter and his wife have resided in Mauritius since 2011.

  • MAXIME SAUZIER SC

    MAXIME SAUZIER SC

    Independent Director

    Maxime is a Senior Counsel practicing in Mauritius as an Executive of ENSafrica. He has a prominent experience in corporate, commercial, employment and civil litigation and regularly appears before the Judicial Committee of the Privy Council and in International Arbitration matters. Maxime has advised clients in a number of industries and sectors, including banking, insurance, hotels and tourism, petroleum and agriculture. He is also a former member of parliament, and a former Executive Director of Esso Mauritius Ltd.

  • VARUNA BUNWAREE

    VARUNA BUNWAREE

    Independent Director

    Varuna is a practising Barrister with several years of tenure at the Mauritian Bar. She was called to the Bar of England & Wales in 2001 and to the Mauritian Bar in 2002. She acted as Head of legal and Corporate Affairs and in-house Lawyer with Ciel Properties Ltd (now Alteo Properties Ltd) before returning to private practice as litigator from 2009 to 2014. She then joined ENSafrica (Mtius) Ltd as Senior Associate and thereafter as Executive of the Litigation Department. Eventually Varuna set up her own chambers in 2018 practising general employment, civil and commercial law and regularly appears before the Supreme Court and Court of Appeal. She has a keen interest for environment law matters acting as Legal expert on the management of marine resources, as well as advisor and Committee member of NGOs in various instances.

  • CATHERINE GRIS

    CATHERINE GRIS

    Independent Director

    Catherine serves as Special Adviser to the Association of Mauritian Manufacturers (AMM), where she was also former CEO from 2009 to 2018. She was involved in the creation in 2013 of the Mauritian Umbrella Brand of local products “Made in Moris”. Between 1998 and 2006, she served as Secretary General of Association pour le Développement Industriel de la Réunion (ADIR). In 2013, Catherine was recognised by France to the rank of "Chevalière de l’Ordre du Mérite". Catherine acted as independent non-executive director on various public and private entities.

03. OUR TEAM

  • PASCALE DE VILLECOURT

    PASCALE DE VILLECOURT

    Associate Wealth Administrator

  • SAJESH BABOOLALL

    SAJESH BABOOLALL

    Associate Manager Stockbroking

  • KAVISSEN SENIVASSEN

    KAVISSEN SENIVASSEN

    Associate Porfolio Manager

  • ALEXIS DE RAVEL

    ALEXIS DE RAVEL

    Associate Corporate Finance Adviser

  • JEFFRIE MAMODE

    JEFFRIE MAMODE

    Wealth Administrator

  • GREEHA RUGHOOPUTH

    GREEHA RUGHOOPUTH

    Trader

  • VERONIQUE DESMARAIS

    VERONIQUE DESMARAIS

    Personal Assistant

  • Dooshian Meetoo

    Dooshian Meetoo

    Associate Legal & Compliance Officer

  • Mubeen Alimohamed

    Mubeen Alimohamed

    Associate Corporate Finance Advisor

  • Sajid Hossenboccus

    Sajid Hossenboccus

    Office Attendant

  • Avish Gunput

    Avish Gunput

    Office Attendant

  • Joe Sinnassamy

    Joe Sinnassamy

    Finance & Administration Manager

  • David Bhugon

    David Bhugon

    Wealth Administrator