Case Studies

  • At A Glance
  • BM&FBOVESPA

  • General Atlantic Board Member

    R. Kern

  • Year of Investment

    2007

  • GA Value Added

    IPO preparation and execution; transition from a mutual organization to a demutualized, for-profit corporation; support for IT strategy in driving transition to electronic trading; assistance in executing cross-investment with CME and merger with Bovespa

  • Employees

    1,059, primarily located in Brazil

BM&FBOVESPA and General Atlantic:  Building for the Future

The Brazilian Mercantile and Futures Exchange (BM&F) selected GA to invest just prior to its IPO in November 2007 because of GA's long-term focus, global relationships and experience investing in the capital markets sector in the U.S., Europe and Asia.

GA's investment served as an anchor for the IPO and helped to attract investors from across the world to this highly successful offering. In 2008, BM&F merged with Bovespa to create BM&FBOVESPA, one of the largest exchanges in the world by market capitalization. BM&FBOVESPA is currently focused on enhancing its electronic trading platform to attract new participants to the exchange, including foreign investors.

 

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