These are regulated by the Central Bank of Brazil, the Comissão de Valores Mobiliários - CVM (Brazil’s equivalent to the US SEC) and the Brazilian Financial and Capital Markets Association (ANBIMA).

Gávea has offices in Rio de Janeiro and São Paulo, with a staff of approximately 150.

[citation needed] In November 2010, Gávea announced the sale of a majority interest in its capital to J.P. Morgan Asset Management, the asset management arm of JPMorgan Chase.

Its investment process for each of the existing lines of business remains unchanged, under the leadership of CIO Arminio Fraga, Luiz Henrique Fraga and their teams.

[citation needed] This Brazilian corporation or company article is a stub.