Breno Guerbatin

Opportunity Asset Adm de Recursos de Terceiros Ltda. (Opportunity) is the asset management subsidiary of Banco Opportunity de Investimento SA in Brazil. The firm was founded in 1994 by Daniel Dantas, Veronica Dantas and Dorio Ferman. Headquartered in Rio de Janeiro, Opportunity manages a range of funds for individual and institutional investors.

BNP Paribas Asset Management Brasil Ltda. (BNPPAM) is the Brazilian asset management arm of Banco BNP Paribas Brasil SA, itself a subsidiary of BNP Paribas SA (XP: BNP, ADR: BNPQY) in France. The firm is headquartered in Sao Paulo and was founded in 1998. BNPPAM provides competitive investment options for high-net worth individuals, pension funds, insurance companies and foreign investors.

Part of Banco Bradesco SA, Bradesco-Kirton Corretora de Câmbio SA provides brokerage services. The company is based in São Paulo, Brazil. Roberto Medeiros Paula has been the CEO of the Brazilian company since 2012.

Santander Brasil Asset Management DTVM SA (SAM Brasil) is the Brazil-based investment management subsidiary of SAM Brasil Participacoes SA, itself a subsidiary of Santander Asset Management Holdings Ltd. in Great Britain. Formerly known as Santander Banespa Asset Management, the firm was founded in 1968 and is located in São Paulo, where they provide mutual fund and discretionary portfolio management for institutions, pension funds, corporations and private investors. In 2009 the firm absorbed the activities of Banco Real Asset Management. They are a signatory to the UN Principles for Responsible Investment which integrates ESG factors into their investment processes.

Bradesco SA CTVM is the securities brokerage subsidiary of Banco Bradesco BBI SA, itself owned by Banco Bradesco SA (BVMF: BBDC4) in Brazil. Headquartered in Sao Paulo, the firm provides full spectrum of brokerage services specifically tailored for both retail and institutional investors.

ARX Investimentos Ltda. (ARX) is the Brazilian asset management subsidiary of MBC Investments Corp., ultimately held by The Bank of New York Mellon Corp. (NYSE: BK) in the US. Formerly known as BNY Mellon ARX Investimentos Ltda., the firm was founded in 2001 by José Alberto Tovar and was acquired by BNY Mellon in 2008. Headquartered in Rio de Janeiro, ARX focuses exclusively on managing assets in Brazil for a diversified client base of high-net worth individuals, family offices, wholesale distributors, corporations and institutional clients.

Itaú Corretora de Valores SA is a brokerage company based in São Paulo, Brazil. Part of Itaú Unibanco Holding SA, Itaú Corretora de Valores SA provides brokerage services. The Brazilian company was founded in 1965 and Leonard Bruno Linnet has been the CEO of the company since 2021.

Part of Bank of America Corp., Merrill Lynch SA CVTM is a brokerage services provider. The company is based in São Paulo, Brazil. The Brazilian company was founded in 1998. Eduardo Alcalay has been the CEO of the company since 2017.

GAP Gestora de Recursos Ltda. (Gap Asset) is the Brazilian asset management subsidiary of GAH Participacoes Ltda., ultimately held by Prudential Financial Inc. (NYSE: PRU) in the US. The firm was founded in 1996 by Renato Junqueira B. Ribeiro, Emanuel Pereira da Silva and Carlos Camacho. Headquartered in Rio de Janeiro, Gap Asset manages the GAP range of funds including multimarket, equities, fund of funds, private pension plans and hedge funds.

Modal Asset Management Ltda. (Modal AM) is an asset management firm headquartered in Rio de Janeiro, Brazil. The firm was founded in 2002 and is a subsidiary of Banco Modal SA. Modal AM manages a range of investment funds for individual and institutional investors.

BTG Investments LP provides financial investment activities. The firm makes proprietary capital investments in financial instruments across multiple asset classes and geographic regions. The company was founded in 2008 and is headquartered in Hamilton, Bermuda.

JGP Gestão de Recursos Ltda. (JGP) is the asset management y subsidiary of JGP Participacoes Ltda. in Brazil. The firm was founded in 1998 by a group of investment professionals including André Roberto Jakurski, Arlindo Raggio Vergaças Jr. and José Carlos Carvalho. Headquartered in Rio de Janeiro, JGP manages the JGP range of funds and provides investment advisory services to sophisticated investors and high-net worth individuals. To align interests with those of their clients, the JGP partners invest in the JGP funds.

The Federação Brasileira de Bancos (FEBRABAN) is a Brazilian banking federation based in São Paulo, Brazil. The federation also promotes sustainability and diversity in the banking sector. FEBRABAN offers educational solutions and courses through its institute of education, INFI. The organization collects personal data through its website and related pages, and has a privacy policy in place to protect user data. FEBRABAN shares information with associated institutions, service providers, and sponsors, and uses cookies to improve user experience and measure audience engagement. Founded in 1972, FEBRABAN provides financial education and consumer self-regulation guidelines, mobile banking services, and fraud prevention measures.

Part of Banco BTG Pactual SA, BTG Pactual CTVM SA is a Brazilian company that develops digital banking mobile application software. The company is based in São Paulo, Brazil. The company was founded in 1973. Rodrigo Goes has been the CEO of the company since 2009.

BTG Pactual WM Gestão de Recursos Ltda. (BTG Pactual WM) is the wealth management subsidiary of Banco BTG Pactual SA (BVMF: BPAC11) in Brazil. Headquartered in Sao Paulo, BTG Pactual WM was founded in 1990 and provides personalized wealth management solutions to corporate, institutional and high-net worth clients.

Távola Capital Gestão de Recursos LTDA is a Brazilian investment advisory company founded in 2002. The private company is based in Rio de Janeiro, Brazil. and has subsidiaries in Brazil. Távola Capital provides investment advice to its clients.

Oceana Investimentos ACVM Ltda. (Oceana) is an independent Brazilian asset management firm which was founded by Leonardo Messer, Rodrigo Santos, Marcello Ganem and Alexandre Rezende in 2008. Headquartered in Rio De Janeiro, the firm manages funds for individual and institutional investors. Oceana is a socially responsible investor which partners with the Viva Rio Project, a non-profit organization which works to create safe and healthy communities in vulnerable territories.

MercadoLivre.com Atividades de Internet Ltda. provides Internet trading services. Its services include e-commerce that people and companies can buy, sell, pay, announce, and ship products. The company was founded in 1999 and is headquartered in Osasco, Brazil.

Part of Vinci Partners Investments Ltd., Vinci Gestora de Recursos Ltda. The company is based in Rio de Janeiro, Brazil. is a Brazilian company that provides investment advice. The company was founded in 2009 by Alessandro Monteiro Morgado Horta, Gilberto Sayão da Silva, Paulo Fernando Carvalho de Oliveira. Alessandro Monteiro Morgado Horta has been the CEO since 2009.

BTG Pactual Securitizadora SA provides credit acquisition and securitization services. The company was founded on October 25, 2004 and is headquartered in Rio de Janeiro, Brazil.

Gavea Investimentos Ltda. (GIL) is an independent investment management firm headquartered in Rio de Janeiro and was founded in 2003. Formerly known as 3F Administracao De Recursos Ltda., the firm was founded in 2003 by Arminio Fraga and Luiz Henrique Fraga. In 2010, Gavea became a subsidiary of JPMorgan Asset Management, the asset management arm of J.P Morgan Chase & Co. and created a strategic alliance with Highbridge Capital Management, the global alternative asset manager owned by JPMorgan Asset Management. GIL’s activities are focused on hedge funds, private equity funds, equity funds and real estate funds.

STK Capital Gestora de Recursos Ltda. The private company is based in Rio de Janeiro, Brazil. provides investment advice. and has subsidiaries in Brazil and Cayman Islands. The Brazilian company was founded in 2010 by Antenor Fernandes, Luciana de Oliveira Cezar Coelho. Antenor Fernandes has been the CEO since 2010.

BTG Pactual Holding SA engages in investments in banking sector. The company was founded on June 12, 2009 and is headquartered in Sao Paulo, Brazil.

SPX Gestão de Recursos Ltda. (SPX Capital) is an independent Brazilian fund management firm which was founded in 2010 by Bruno Pandolfi, Rogério Xavier and Daniel Schneider. Headquartered in Rio de Janeiro, SPX Capital offers discretionary macro and fundamental equity strategies for individual and institutional investors.

Part of Banco BTG Pactual SA, Pacifico Gestão de Recursos Ltda. The company is based in Rio de Janeiro, Brazil. is a Brazilian company that combines high performance with capital preservation and defends long-term conscious profitability. The company is an independent manager with an absolute focus on stock investment management, multimarket, and private credit, seeking value generation with security and high criteria. Pacifico Gestão de Recursos was founded in 2011 by Daniel Corrêa Vairo, Eduardo de Carvalho Moreira, Felipe Padua, Leonardo Rufino de Souza, Paulo Abreu, and Bruno Dale Cabral de Menezes. Daniel Corrêa Vairo has been the CEO since 2011.

BTG Pactual Chile SA Administradora General de Fondos (BTG AGF) is the Chile-based asset management subsidiary of BTG Pactual Chile SA, ultimately held by Banco BTG Pactual SA (BVMF: BPAC11) in Brazil. The firm was founded in 2001 as Celfin Capital SA Administradora General de Fondos and changed their name to BTG Pactual in 2013. Headquartered in Santiago, BTG AGF provides portfolio and fund management services for institutional, corporate and high net worth clients.

Part of Banco BTG Pactual SA, BTG GAM (UK) Ltd. is a British company that provides business support services. The company is based in London, UK and was founded in 2008.

Athena Capital Gestão de Recursos Ltda. is a resource management company based in Rio de Janeiro, Brazil. and has subsidiaries in Brazil. Athena Capital was born from the desire of its partners, who are professionals with prominent passages by some of the main resource management houses in the country. The Brazilian company's main focus is on resource management. The private company was founded in 2013 by André Vainer and Carlos Lima.

Banco BTG Pactual SA (Investment Management) (BTG Pactual-IM) is the investment management division of Banco BTG Pactual SA (BVMF: BPAC11), an investment bank headquartered in Sao Paulo, Brazil. Founded in 2009, BTG Pactual-IM provides asset management services through investment funds and managed portfolios. They invest on behalf of institutional investors, such as pension funds, corporations, insurance companies, financial intermediaries, governments, and high-net-worth individuals and family offices.

TRUXT Investimentos Ltda. (TRUXT) is an independent alternative investment firm headquartered in Rio de Janeiro, Brazil. The firm was founded in 2015 and formerly known as R2 Gestora de Recursos Ltda. TRUXT manages the Truxt Funds for individual and institutional investors.

Part of Azimut Holding SpA, AZ Quest MZK Investimentos Macro e Crédito Ltda. is a company based in São Paulo, Brazil that provides investment advice.

Capstone Partners Gestao de Recursos Ltda. The private company is based in Rio de Janeiro, Brazil. provides investment advice. The Brazilian company was founded in 2019 by Márcio Albuquerque, Sebastian Lewit, Frederico Saraiva.

Navi Capital Adm e Gestora de Recursos Financeiros Ltda. (Navi Capital) is an independent investment firm headquartered in Rio de Janeiro, Brazil. Navi Capital provides asset management services to various types of clients.

V Tal is a Brazilian company that provides end-to-end digital solutions and has the largest neutral fiber optic network in the country. The company is based in São Paulo, Brazil. The company offers integrated connectivity solutions to telecommunications operators, internet providers, and OTTs. The company recently opened its second Edge Data Center in Fortaleza, which has a capacity of 4MW and support for 400 racks. V Tal has also created the first Committee of Neutrality in a company of its kind. The CEO of the company is Amos Genish.