What we do

Founded in 2005, Mongolia International Capital Corporation (“MICC”) is the first investment bank and brokerage firm to operate in Mongolia. Today, we have raised more than USD 2 billion for our clients, closing over 100 deals, helping them to expand and recapitalize their businesses, and increase their company value. Our team pursues targeted sources of debt and equity capital to obtain the best value and terms for our clients, allowing the company’s management to execute their vision on sound financial footing. As we are a research-driven company, we also conduct targeted market research to help our clients identify and assess new business opportunities.

As we are a research-driven company, we also conduct targeted market research to help our clients identify and assess new business opportunities.

Our Advantage

  • Closed more deals than any other investment banking or brokerage firms in Mongolia.
  • Specialized in advising prominent Mongolian public and private entities, as well as large foreign corporations willing to invest in Mongolia.
  • Unrivaled expertise covering a wide range of services, including public offerings, private placements, M&A and corporate restructuring.
Deals completed
Raised funds

Leadership Team

The MICC leadership team includes Mongolian business leaders, experienced finance professionals, former bankers and accountants.

Achit-Erdene Darambazar
Achit-Erdene Darambazar
Gilles Guerrier De Dumast
Gilles Guerrier De Dumast
Board Member
Munkhzul Khurlee
Munkhzul Khurlee

Achit-Erdene Darambazar is a Chairman at MICC where he focuses on restructuring and financing transactions. Mr. Achit-Erdene has over 15 years of investment banking experience and has built an extensive network of relationships across leading corporations, banks, hedge funds, other principal funds and private equity investors. He has executed and lead Mongolia’s major capital market deals including ETT Bond, Bogd Bank IPO etc. Achit-Erdene Darambazar holds a Master’s degree in International Relations from Columbia University and a Bachelor’s degree from Middlebury College in Economics.

Gilles Guerrier De Dumast is a board member and advisor at MICC. Previously Gilles was Special Advisor to the French Minister of Economy, Finance and Industry. Gilles spent 18 years in London as head of Corporate Finance France with Deutsche Bank and a member of the European Management Committee; co-head of Credit Suisse First Boston France and sole continental European member of the bank’s Global Executive Board in New York and head of the European Strategic Derivatives Group at Bankers Trust. Gilles started his career with JP Morgan in Paris and New York.

Munkhzul Khurlee is a Chief Executive Officer at MICC where she leads all the corporate advisory capital market deals at our company. Mrs. Munkhzul has been working in the financial industry for the last eighteen years, building network and managing investment banking deals, as well as specializing in raising required capital for companies operating in various sectors. She has extensive network and expertise within the key sectors of Mongolia’s economy, working on financial advisory projects in mining, mining services, agribusiness, aviation, banking, manufacturing (food, beverage), trading, hospitality and real estate. Munkhzul Khurlee has a master’s degree in Development Economics from the University of Manchester in the United Kingdom.

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