Manuel Cal – GC Powerlist
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Uruguay 2022

Financials

Manuel Cal

General counsel | Gletir Corredor de Bolsa - GLT Group

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Uruguay 2022

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Manuel Cal

General counsel | Gletir Corredor de Bolsa - GLT Group

First, can you please give us an idea of the sort of work your team has done recently?

As general counsel, I oversee all of the legal and regulatory affairs of the company, with a focus on business developments and operations. Gletir is a relevant player in the local stock market, structuring public financial trusts (FF Luminarias de Canelones, FF RIO) for more than US$100m, and through the launching of the family of Centennial Investment Funds. We also actively participate in the structuring of private issues of local and regional companies, generating financing alternatives for projects or working capital of the companies. As general counsel, I participate in all the stages of the processes of the above-mentioned financial structures, from the legal and business strategy, negotiating and drafting contracts, to the final approval by the Central Bank of Uruguay and public issuance.

What is a cause, business related or otherwise, that you care about, and why?

I am convinced of the relevant role that capital market has in the economic and social growth in a society as the Uruguayan. What we do have a positive social impact, since by creating financial structures, we not only help our clients with their savings and investments, but we also make possible the development of projects (infrastructure, health, education) in our country that benefit our people.

What can law firms do to improve their service to the legal department?

Our legal firm provides outstanding legal services. I consider especially important that they keep focusing on providing assessment based on deep legal knowledge and experience, in the time frames that the business requires.

Manuel Cal - Uruguay 2023

General counsel | Gletir Corredor de Bolsa – GLT Group

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Manuel Cal

General counsel

Gletir Corredor de Bolsa – GLT Group

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