Investment Professionals Ltd (IPRO), the promoter of IGF, is a boutique investment management firm with a 30-year history in the industry.

The firm is headquartered in Mauritius and regulated by the Financial Services Commission of Mauritius.

IPRO is part of Gavekal group, an international financial services firm with offices in Beijing, New York, London, Paris and Mauritius.

One of the few Investment Managers in Mauritius that is backed by an International Group

Our Services

Our investment expertise is primarily focused on equities and fixed income, with coverage of both local and foreign markets. We pride ourselves in offering a personalized service to our clients.

Fund Management

Over the years, IPRO and its subsidiaries have gathered significant expertise in this space through the management of a broad range of funds invested in various markets, including:

  • The local Mauritian market
  • The global equities market
  • The Indian market
  • The emerging and frontier markets

IGF is today our flagship fund in Mauritius.

Discretionary Portfolio Management

We can build customized investment portfolios for clients based on their specific financial objectives, risk tolerance and constraints

We have decades of experience serving private clients (individuals / families) as well as institutional clients (including local pension funds)

Shareholding Structure

IPRO’s majority shareholder is Gavekal Capital, an international financial services firm founded in 1999 by Charles Gave, Louis-Vincent Gave and Anatole Kaletsky. The group is active in the following fields:

The quality of the financial research produced by Gavekal has been recognised globally for many years. Gavekal has over 1,000 institutional clients worldwide.

Learn more about the Gavekal group at these links:

Related Companies

Sister Company

Gavekal Wealth is Mauritius-based and provides a comprehensive wealth management solution to high net-worth individuals, trustees, businesses, and foundations, with investment and financial planning all under one roof.

Associate Company

Miltenberg Capital is a Mauritius-based investment management firm specialized in frontier and emerging market equities.

Associate Company

IPRO opened a second office in Botswana in 2007. The office offers discretionary portfolio management services and fund management services to both private and institutional clients, with the latter currently comprising the bulk of the client AUM.

Our Team

  • Client Relationship & Sales
  • Investment Management & Operations
  • Compliance
  • Finance & Administration

Neeloofur Mohungoo

Assistant Investment Manager

Karishma Tengur

Assistant Operations Manager

Gisèle Lavictoire

Client Administration Executive

Carolyn Wong So

Head of Finance & Operation

Yakshmi Ellapen

Senior Manager Research

Wenny Hardowar

Client Relationship Manager

Valerie Vitcher Gopalsing

Personal Assistant

Stephane Henry


Shirley Wong See Chung


Rishi Doman

Fund Manager

Padma Beezadhur

Operations Manager

Arnaud Leclezio

Head of Compliance & Risk

Anil Calleea


Adarsha Golap

Compliance Associate

Adarsh Dewoo

Sales Executive

Team Gallery


This website is for informational purposes only and is intended to assist prospective clients in determining whether they have any preliminary interest in IPRO Growth Fund Ltd (the “Fund”). The website does not constitute an offer, solicitation or recommendation to enter into any transaction. Prospective investors are urged to read the Fund’s prospectus and seek professional advice as to the suitability of any eventual investment in the Fund. Investments carry substantial risks and past performance is no guarantee of future performance. The Mauritius Financial Services Commission does not vouch for the financial soundness of the Fund or for the correctness of any statements made or opinion expressed with regards to it.