Célio Afonso da Silva

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.

Triscorp Investimentos Ltda. The private company is based in Rio de Janeiro, Brazil. provides investment advice. The Brazilian company was founded in 2003 by Mauricio Chagas Bicalho Neto, Ronaldo Tristão. Ronaldo Tristão has been the CEO since 2003.

Rapier Investimentos e Gestão Patrimonial Ltda. is a private company based in Rio de Janeiro, Brazil that was founded in 2002. The Brazilian company provides investment advice.

Part of Avita Participaçoes Ltda., Ativa Investimentos SA CTCV provides brokerage services. The company is based in Rio de Janeiro, Brazil. The Brazilian company was founded in 1983. The CEO is Augusto Afonso Teixeira de Freitas.

Kínitro Capital Gestão de Recursos de Terceiros Ltda. (Kínitro Capital) is an independent alternative investment firm headquartered in Rio de Janeiro, Brazil. The firm was founded by Carlos Carvalho and Rafael Icaza in 2004 as Saga Gestão de Investimentos Financeiros Ltda. Kínitro Capital offers multimarket and long-only investment funds, which serve different types of clients who seek independence, consistency and a good Risk-Return ratio.

Fundação Petrobras de Seguridade Social (Petros) is the pension fund management subsidiary of Petroleo Brasileiro SA (SP: PETR3) in Brazil. Established in 1969, the firm manages the Petros Plan of the Petrobras System and the Petros-2 Plan for retirees and pensioners. They also manage pension plans offered by various companies, entities and class associations. They are a socially responsible investor and signatory of the U.N. Principles for Responsible Investment which includes environmental, social and governance issues in their investment analysis and decision-making processes.

Agora CTVM SA is the securities brokerage subsidiary of Banco Bradesco BBI SA, which is owned by Banco Bradesco SA (BVMF: BBDC4) in Brazil. The firm was founded in 1993 by Roberto Campos Rocha and Selmo Nissenbaum. Agora CTVM is headquartered in Rio de Janeiro and provides brokerage services to domestic and international institutional investors.

Leste Credit Gestão de Recursos Ltda. (Leste Credit Gestão de Recursos) is a private equity subsidiary of Leste Administração De Recursos Ltda founded in 2014 by Isabel da Silva Ramos. The firm is headquartered in Rio de Janeiro, Brazil.

Part of Indigo Participações em Instituições Financeiras Ltda., Indigo Investimentos DTVM Ltda. is a company based in São Paulo, Brazil. Indigo Investimentos is a Brazilian company specialized in structuring, administration, distribution, controllership, custody, representation of inr and m & a. The company provides fiduciary administration services, financial liquidation and custody with monitoring of risk processes, compliance with regulatory obligations and the rules of manuals and internal regulations. In addition, Indigo offers a range of essential services for investment funds and structured products, support for companies seeking access to the local and international capital markets, with services in issuing debt securities, securitization of receivables, corporate restructuring and operations of m&a. The company aims to position itself as an innovative and agile company in the provision of services, making strong investments in technology, infrastructure, and processes that differentiate it in the market. The company was founded in 1994. Alexandre Fogliano has been the CEO of the company since 2020.

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.

SPX Equities Gestão de Recursos Ltda. (SPX) is an independent asset management firm headquartered in Rio de Janeiro, Brazil. Founded in 2011, SPX manages Brazilian equity Long Bias and Long Only Funds.

Part of Interbolsa SAI, Interbolsa do Brasil Administradora de Bens Ltda. The company is based in São Paulo, Brazil. is a Brazilian company that operates brokerages houses. Founded in 1994.

Part of Queluz Gestão de Ativos Ltda., the company is based in Rio de Janeiro, Brazil. The Brazilian company provides investment advice. The company was founded in 2005 by Sylvio Botto and Marcos Botto.

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.

Norte Asset Management Gestão de Recursos Ltda. is a newly founded investment management company based in São Paulo, Brazil. The Brazilian company specializes in managing assets in the stock and fixed income markets. The private company was founded in 2020 by Diego Bottai, Edson Fujimori, Gustavo Macedo Salomao, Egídio Freitas, Rafael Castro.

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.

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.

Part of APAR Participações e Serviços Ltda., AKRO Distribuidora de Títulos e Valores Mobiliários SA provides investment advice.

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.

Founded in 2013, Reag Asset Management Ltda. is an investment management company based in São Paulo, Brazil. Part of Rgr Partners Participações Ltda., the Brazilian company offers a range of investment solutions to its clients.

Part of Taler Empreedimentos SA, Taler Planejamentos Financeiros Ltda. The private company is based in São Paulo, Brazil. is a Brazilian company that provides investment advice. The company was founded in 2003 by Paulo Barbosa Lima Colaferro, Edgar Richard Neves Ziliotto, Mari Emmanouilides Pereira, Luis Gustavo Marques Sandoval. Mari Emmanouilides Pereira has been the CEO since 2003.

Founded in 1996, �ureo Administração de Recursos Ltda. Part of �tico Empreendimentos e Participações Sa, the company is based in Rio de Janeiro, Brazil. is a Brazilian company that specializes in structured credit, infrastructure, and investment banking. The company's goal is to become a reference in these areas.

DXA Gestão de Investimentos Ltda. (DXA Investments) is an independent asset management firm headquartered in Rio De Janeiro, Brazil. It was founded by Gustavo Ahrends and Oscar Decotelli in 2012 with the goal of investing in innovative companies in Brazil’s real economy. The firm provides investment advisory services to global investors. DXA Investments is a socially responsible investor and signatory to the UN Principles for Responsible Investment (UNPRI) which incorporates ESG criteria in its analysis and selection of companies.

Investidor Profissional Gestão de Recursos Ltda. (IP) is an independent asset management firm headquartered in Rio de Janeiro, Brazil. The firm was founded in 1989 by Christiano Fonseca Filho and Ribeiro Vinháes. IP manages equity funds and hedge funds for individual and institutional Brazilian and foreign investors.

Part of Banco BTG Pactual SA, Fator SA Corretora de Valores is a Brazilian company that provides brokerage services. The company is based in São Paulo, Brazil. The company was founded in 1971. The CEO is Rogério Karp Macedo. Fator SA Corretora de Valores was acquired by Banco BTG Pactual SA.