Daniel Lima

BRZ Investimentos Ltda. is the asset management subsidiary of Weigl Participações SA in Brazil, itself a subsidiary of GP Investments Ltd. (BVMF: GPIV33), a firm based in the Bermuda Islands and listed on the Luxembourg Stock Exchange and traded on the EuroMTF market. The firm was incubated at GP Investimentos in 1998 and formerly known as GP Administração de Recursos. They became BRZ Investimentos in 2007. Headquartered in Sao Paulo, BRZ Investimentos is a multi-product, customer-focused firm which performs in-house research, strict risk control and mainly offers credit and private equity funds strategies.

Itaú USA Asset Management, Inc. (Itaú USA) is a SEC-registered investment advisor and hedge fund manager headquartered in New York City. The firm was founded in 2011 and they are directly owned by ITB Holding Brasil Participações Ltda. and their ultimate parent is Itaú Unibanco Holding SA (BVMF: ITUB4, NYSE: ITUB). Itaú USA provides discretionary and non-discretionary investment advisory and sub-advisory services to funds and institutional clients located or domiciled within or outside of the US.

Porto Seguro Companhia de Seguros Gerais SA provides property, casualty, life and health insurance as well as pension plans and investment services. The company was founded in 1945 and is headquartered in Sao Paulo, Brazil.

Far Fator Administração de Recursos Ltda. (FAR) is the asset management subsidiary of Banco Fator SA, ultimately owned by Fator Empreendimentos e Participacoes Ltda. in Brazil.^ Established in 1997, the firm is based in Based in Sao Paulo and develops tailored products for individual and institutional clients including open and closed pension funds, the public sector and insurance companies.

Fundação de Assistência e Previdência Social do BNDES FAPES (FAPES) is the pension fund management subsidiary of state-owned Banco Nacional de Desenvolvimento Economico e Social SA in Brazil. Founded in 1974 by the National Bank for Economic and Social Development, the firm is headquartered in Rio de Janeiro and aims to contribute to the financial security and health of participants and beneficiaries of the pension fund.

Banco BBM SA operates as a financial institution. It offers credit facilities to corporate clients and financial advisory services for wealth management of individuals in Brazil. The firm provides structured financial solutions, such as exclusive funds, investment funds; fixed income products, including government bonds and private securities, foreign exchange transactions, loans, structured notes, and derivatives and macroeconomic analysis. The company was founded in 1858 and is headquartered in Rio de Janeiro, Brazil.

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.

Part of Mauá Capital SA, Mauá Investimentos Ltda. The company is based in São Paulo, Brazil. is a Brazilian company that provides investment advice. The company was founded in 2005 by João Cesar Tourinho, William Ismael Rozenbaum Trosman, Luiz Fernando Figueiredo.

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.

Bram Bradesco Asset Management S/A DTVM (BRAM) is an asset management firm headquartered in Sao Paulo, Brazil. The firm was founded in 2000 as a result of the consolidation of Bradesco Templeton Asset Management, BCN Alliance Asset Management, Boavista, BANEB, Credireal and Banco Bradesco´s Fund Management and Investment Portfolio departments. They are a subsidiary of Banco Bradesco BBI SA, which is owned by Banco Bradesco SA (BVMF: BBDC4, NYSE: BBD). The firm manages local funds that invest globally for Brazilian investors and, on the other hand, it manages management of Latin American funds for foreign investors. BRAM is a signatory to the UN Principles for Responsible Investment (UNPRI).

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.

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.

Fundação CESP (Funcesp) is an independent pension fund management firm headquartered in Sao Paulo, Brazil. Funcesp was founded in 1969 as Fundação de Assistência aos Empregados da CESP to provide medical, hospital and dental assistance to officials of Centrais Elétricas de São Paulo, in addition to a personal loan portfolio.

Claritas Administração de Recursos Ltda. (Claritas) is the Brazilian investment management subsidiary of PFG do Brasil Ltda., ultimately held by The Principal Financial Group, Inc. (NYSE: PFG) in the US. The firm was founded in 1999 by Marcelo Karvelis and Renato Ribeiro Fortes Abucham. Headquartered in Sao Paulo, Claritas offers local and international funds to individual and institutional investors. The firm is a signatory of the UN Principles for Responsible Investment (UNPRI) and committed to incorporating environmental, social and corporate governance issues into their investment analysis and decision-making processes.

Porto Seguro Itau-Unibanco Participaçoes SA is a Brazilian company that provides investment services. The private company is based in São Paulo, Brazil and has subsidiaries in Brazil, the Cayman Islands, and Uruguay. It was founded in 2009.

Associação Nacional das Instituições de Crédito, Financiamento operates as a federally chartered credit union. The private company is based in São Paulo, Brazil.

Icatu Vanguarda Gestão de Recursos Ltda. (Icatu Vanguarda) is the asset management subsidiary of Icatu Holding SA in Brazil. The firm was founded in 1998. Headquartered in Rio de Janeiro, Icatu Vanguarda provides asset management services to institutional or individual clients.

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.

Banco Itau SA provides banking services. The private company is based in São Paulo, Brazil and has subsidiaries in Brazil.

Necton Investimentos SA CVMC is a Brazilian company that provides brokerage services. The private company is based in São Paulo, Brazil and has subsidiaries in Brazil. The company was founded in 1986. Marcos Azer Maluf has been the CEO of the company since 2018.

Part of Rzb Participaçoes Ltda, Cultinvest Asset Management Ltda is a Brazilian company based in São Paulo, Brazil. Cultinvest Asset Management Ltda is an asset management company that manages a volume of R $ 9.5 billion. The company has a different business culture anchored in respect for partners and responsibility with customers. The company offers solutions that meet exactly what their customers need and are committed to high performance within the characteristics and investment policies of each highly qualified professional experience fund. The company was founded in 2010 by Alexandre Zákia Albert, who has been the CEO since then.

Part of Bahia Holding SA, Bahia AM Renda Fixa Ltda. The company is based in Rio de Janeiro, Brazil. provides investment advice. The Brazilian company was founded in 2011. Thiago Mendez has been the CEO of the company since 2011.

à “ rama Distribuidora de Títulos e Valores Mobiliários SA is a Brazilian investment company that offers solutions for all types of investment objectives. The company is based in Rio de Janeiro, Brazil, and has subsidiaries in Brazil. The company provides personalized tools to facilitate and guide investors according to their profile and goals. The company also offers an exclusive tool that shows the top 5 most profitable fixed income titles and indicates the investment limit for optimal profitability. The company specializes in investments in the safest application in Brazil, the Tesouro Direto, which is a loan to the federal government in exchange for interest based on a combined rate at the time of investment. The company was founded in 2011 by Selmo Nissenbaum, and the CEO is Habib Nascif Cury neto.

Banco Itaú BMG Consignado SA provides payday lending services. The company was founded on March 26, 1973 and is headquartered in São Paulo, Brazil.

Associação dos Investidores no Mercado de Capitais is a non-profit company based in São Paulo, Brazil. The Brazilian company operates as a capital market investors association.

Part of Canvas Participações Ltda., Canvas Capital SA is a company that provides information about Canvas Capital and Canvas Funds to non-Brazilian investors. The company is based in São Paulo, Brazil. The company does not offer any sale or purchase of securities or funds through this site. It is only intended for investors seeking information about the company and should not be used as a basis for investment decisions. The company was founded in 2012 by Antonio Carlos Quintella and Sérgio Fraiman Blatyta, with Antonio Carlos Quintella serving as the CEO since then.

Vinland Capital Management Gestora de Recursos Ltda is a private company based in Brazil that aims to generate high risk-adjusted returns by seeking opportunities in various liquid asset classes without geographic restrictions, with a focus on Latin America. Vinland Capital Management Gestora de Recursos has subsidiaries in Cayman Islands. The Brazilian company was founded by Rogério Freitas.

Verde Asset Management SA (Verde) is the investment management subsidiary of Holding Verde Empreedimentos e Participações SA in Brazil. The firm was founded by Luis Stuhlberger in 2015. Headquartered in Sao Paulo, Verde manages the Verde fund range with different risk levels and strategies.

RPS Capital Administradora de Recursos Ltda. The private company is based in São Paulo, Brazil and has subsidiaries in Cayman Islands. is a Brazilian asset management company that values investor respect, consistent and diverse performance, and sustainability. was founded in 2013 by Paolo di Sora.

BDR Investimentos Ltda. The private company is based in São Paulo, Brazil. BDR Investimentos aims to respond to the changes in the capital market with excellence, productivity, and innovation by qualifying its partners. is a Brazilian investment management company founded in 2019.

Part of Itaú Unibanco Holding SA, Itaú Unibanco Asset Management Ltda. is a financial services company based in São Paulo, Brazil. Itaú Unibanco Asset Management Ltda. provides various financial services, as described in their website. The Brazilian company was founded in 2021 and Carlos Augusto Salamonde has been the CEO of the company since 2021.

Part of Nu Holdings Ltd., Nu Asset Management Ltda. The company is based in Sao Paulo, Brazil. is a Brazilian company that provides asset management services.

Part of Aegon NV, Mongeral Aegon Investimentos Ltda. The company is based in Rio de Janeiro, Brazil. is a Brazilian company that provides investment advice. The company was founded in 2012. Helder Molina has been the CEO of the company since 2012.