Rating Release
Agusto & Co. hereby assigns an ‘A(IM)’ rating to MBO Capital Management Limited (“MCM” or “the Manager”).
The rating expires on 20 August 2026.
Agusto & Co. hereby assigns an ‘A(IM)’ rating to MBO Capital Management Limited (“MCM” or “the Manager”). The rating reflects MCM’s growing operational track record, improvements in the Manager’s credit assessment framework, strengthened corporate governance structure and experienced investment team. The rating is, however, impaired by the absence of clearly defined investment acceptability criteria, which we believe has the potential to introduce subjectivity into the decision-making process. We have also taken into consideration the impact of the weakening macroeconomic environment on the Manager’s capacity to effectively fundraise.
