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XP Gestão de Recursos Ltda. (XP) is the asset management subsidiary of XP Holding Investimentos SA, ultimately held by XP, Inc. (NASDAQ: XP) in Brazil. The firm was founded in 2006 by Guilherme Benchimol. Headquartered in Rio de Janeiro, XP manages a range of funds for individuals, financial institutions, businesses, family offices and institutional investors.

Banco Safra de Investimento SA (Banco Safra de Investimento) is the investment bank subsidiary of Grupo Safra SA's Banco Safra SA in Brazil. In 2005, aiming to increase the transparency in the administration of investment funds, the firm took over business-process management, governance and service performance record and bookkeeping of the funds, and the activities of custody and distribution remained the responsibility of Banco Safra SA. Located in Sao Paulo, Banco Safra de Investimento performs all management, administration and service performance record keeping of the Safra funds through Safra Safra Asset Management, a business unit that has activities and systems separated from other operations of the Safra Group.

Santander CCVM SA is a brokerage firm headquartered in Sao Paulo, Brazil. The firm was founded in 1982 and is a subsidiary of Banco Santander (Brasil) SA (BVMF: SANB3; NYSE: BSBR). Santander provides brokerage services to their clients.