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Our Subsidiaries & Partners

TBG Capital is TBG's American subsidiary, licensed as a broker dealer under US securities laws and based in New York. TBG Capital is headed by Mark Davis, Managing Director and Partner.

TBG Canada is a Canadian subsidiary established in 2004. Recently, TBG Canada created TBG Solar, headed by President John Vogel, to provide fully integrated financial solutions for solar projects in Ontario. For more information on TBG Canada, please direct all inquiries to tbgcanada@ballochgroup.com.

Shipston Group is a private equity group based in the Bahamas with more than 25 years’ experience in making successful investments in established and emerging markets. The Balloch Group and Shipston have formed an investment partnership to invest directly in high growth opportunities in China.

Mongolia International Capital Corporation (MICC) was established by TBG and local Mongolian partners in August 2005 as the first investment banking firm in Mongolia. It is fully licensed to provide a full range of investment banking services, including underwriting and brokerage services.


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