Daniel Spilberg

BTG Pactual Asset Management S/A DTVM (BTG Pactual-AM) is the investment management subsidiary of Banco BTG Pactual SA (BVMF: BPAC11) in Brazil. Headquartered in Rio de Janeiro, BTG Pactual-AM was founded in 2010 and provides asset management services to clients, including institutional clients, high-net worth individuals, corporations and distribution partners in Brazil and across Latin America.

Bahia AM Renda Variável Ltda. is the asset management subsidiary of Aleutas SA, which is owned by Bahia Holding SA in Brazil. The firm was founded in 2011 as BBM I Gestão de Recursos Ltda. Headquartered in Rio de Janeiro, Bahia AM Renda Variável manages Brazil Funds for various investors.

Barclays CTVM SA (Barclays CTVM) is the Brazilian brokerage arm of Banco Barclays SA, ultimately owned by Barclays Plc (LSE: BARC) in the UK. Established in 2003, the firm is based in Sao Paulo and provides brokerage services on the BM&F Bovespa exclusively for professional clients.