Bruno Sousa Mauad

Kapitalo Investimentos Ltda. (Kapitalo) is an independent investment management firm headquartered in Sao Paulo, Brazil. The firm was founded by Carlos Woelz and João Carlos Pinho in 2009. Kapitalo manages funds for individual and institutional investors.

Ashmore Brasil Gestora de Recursos Ltda. (Ashmore Brasil) is the investment management subsidiary of Ashmore Investments (Brasil) Ltd., ultimately held by Ashmore Group Plc (LSE: ASHM) in the UK. Established in 2007 by local executives and Ashmore Group, Ashmore Brasil is located in Sao Paulo. They combine extensive local expertise with effective global vision in a structure that supports the best international practices of risk management, compliance and governance with Ashmore Group's external agenda.

Pátria Investimentos Ltda. (Investment Management) (Pátria Investimentos-IM) is the investment management division of Pátria Investimentos Ltda. in Brazil. The firm was founded in 1988 by Alexandre Saigh, Luiz Otavio Reis de Magalhães and Olímpio Matarazzo Neto and was formerly known as Patrimônio Planejamento Financeiro Ltda. They changed their name to Pátria Investimentos in 2002. Headquartered in Sao Paulo, Pátria Investimentos-IM provides institutional and individual clients with a range of Brazilian alternative investment opportunities and advisory services in mergers, acquisitions and corporate finance. Their partners and employees invest in their funds to align interests with those of their investors.