BTG Pactual Group is an investment bank and asset and wealth manager with a dominant franchise in Brazil, and operates a successful international investment and distribution platform.
WCP and other reputed investors backed BTG in 2011. BTG successfully completed its initial public offering in April 2012, resulting in a partial liquidity event for WCP. WCP fully exited its investment through the capital markets in 2013.
The Moscow Exchange (MOEX) is Russia’s national exchange and enables trading across a diverse range of financial products. The exchange was created by the 2011 merger of Russia’s leading securities exchange (MICEX) and derivatives exchange (RTS), to create a national champion. MOEX has a profitable, scalable, resilient and vertically-integrated business model.
WCP invested in MOEX in 2012. MOEX successfully completed its initial public offering in 2013, thereby helping to further improve its governance and transparency, while providing WCP with a clear path to liquidity. WCP has partially exited its investment in MOEX through a series of capital markets transactions.
Status: Partially Realized
NSE is the dominant equities exchange in India, and is one of the leading equity derivatives exchanges in the world. Its market-leading position is driven by its advanced trading platform, corporate structure, top-tier management and product offerings. NSE pioneered electronic trading in India and was also India’s first demutualized exchange. It is vertically integrated with trading, clearing, settlement and depository operations all within its group structure.
WCP invested in NSE in 2013.
Fabindia is a leading Indian retailer of fashionable ethnic garments and lifestyle concepts in home furnishings, organic food, and body care. It links over 55,000 rural artisans/MSMEs to modern urban markets, thereby creating a base for skilled, sustainable rural employment, and preserving India's traditional handicrafts in the process. Fabindia’s innovative business model promotes financial inclusion by enabling its artisans/MSME suppliers to build equity value in their supply chain.
In 2008, WCP became the first institutional investor in Fabindia and supported a successful expansion plan. WCP completed a successful sale of its stake to a financial investor in 2012.