Stephen Duvignau

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.

Itaú Unibanco SA is the asset management subsidiary of Itaú Unibanco Holding SA (BVMF: ITUB4; NYSE: ITUB) in Brazil. The firm was created as Banco Itaú SA when Unibanco and Itaú merged. Headquartered in Sao Paulo, Itaú Unibanco provides a full line of banking services to individual, institutional and corporate clients.

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.

Itaú Corretora de Valores SA is a brokerage company based in São Paulo, Brazil. Part of Itaú Unibanco Holding SA, Itaú Corretora de Valores SA provides brokerage services. The Brazilian company was founded in 1965 and Leonard Bruno Linnet has been the CEO of the company since 2021.

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.

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).

Kondor Administradora e Gestora de Recursos Financieros Ltda. (Kondor Invest) is an independent asset management firm headquartered in in Sao Paulo, Brazil. The firm was founded in 2006 by Rodrigo Veiga and Marc Kattan. Kondor Invest manages the Kondor funds for individual and corporate investors.

Skopos Investimentos Ltda. (Skopos) is an independent Brazilian fund management firm which was founded by Pedro Luiz Cerize in 2001. Based in Sao Paulo, Skopos aims to achieve absolute returns for sophisticated investors by investing both long and short in equities of listed Brazilian companies.

Kinea Investimentos Ltda. (Kinea) is an investment management firm headquartered in headquartered in Sao Paulo, Brazil. The firm was founded by former BankBoston executives in 2007 and is a subsidiary of Itaú Unibanco SA, itself a subsidiary of Itaú Unibanco Holding SA (ADR: ITUB) in Brazil. Kinea manages hedge funds, multimarket shares funds, real estate funds and private equity funds.

Pátria Investimentos Ltda. (Private Equity) is a private equity subsidiary of Pátria Investimentos Ltda founded in 1994 by Alexandre Saigh and Luiz Otavio Reis de Magalhães. The firm is headquartered in São Paulo, Brazil.

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.

AXA Investment Managers UK Ltd. (AXA IM-UK) is the UK-based investment subsidiary of AXA Framlington Group Ltd., itself a subsidiary of AXA SA (XP: CS, ADR: AXAHY) in France. The firm is headquartered in London and was founded in 1979. AXA IM-UK manages a diverse range of pooled funds and offers tailor-made investment products for liability management. They specialize in institutional pension fund management and individual retirement savings products.

Miles Capital Ltda. is an independent asset management firm headquartered in São Paulo, Brazil. The firm was co-founded by Fabiano Custodio and Albert Munck in 2015. Miles Capital manages assets of individual and institutional clients.

Part of The Goldman Sachs Group, Inc., Goldman Sachs do Brasil CTVM SA is a financial company based in São Paulo, Brazil. In 1995, the Brazilian company established its mergers and acquisitions advisory business in Brazil. The São Paulo office offers a diverse portfolio of products and services, providing clients with access to local experts and the worldwide reach of Goldman Sachs. The company is committed to helping the communities where they work and live, and to supporting a work environment that reflects the diversity of the communities where they operate. The company was founded in 1869 and has offices in major financial centers worldwide. Maria Silvia Bastos Marques has been the CEO of the company since 2018.

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.

Garde Asset Management Gestão de Recursos Ltda. is a multi-strategy independent resource management company based in São Paulo, Brazil. Garde Asset Management specializes in managing social security funds and offers a diversified basis of partners, institutional clients, and investors. The company's management is based on the concept of multi-strategy, with members specialized in each investment segment, acting in the Brazilian and international interests of interest, currencies, actions, and commodities, combining traditional management and systematic management. Part of GCP Holding Ltda., Garde Asset Management is a fiduciary company that offers fixed income, multimarket, and stock investment funds. The company was founded in 2013, and Marcelo Giufrida has been the CEO of the company since then.

Parcitas Gestão de Investimentos Ltda. The private company is based in São Paulo, Brazil, and has subsidiaries in Cayman Islands. specializes in managing multimarket funds with a focus on macro top-down strategies in the Brazilian and international markets of interest rates, currencies, stock indices, and equities. is a Brazilian independent asset management company that was founded in 2014 by Thais Andrea Ortega and Marcelo Ferman, who has been the CEO since then.

Brasil Plural Gestão de Recursos Ltda. (Brasil Plural Gestão) is the asset management subsidiary of Brasil Plural Empreendimentos e Participacoes Ltda., itself a subsidiary of Holding Plural SA in Brasil. Founded in 2009 by André Schwartz and Rodolfo Riechert, the firm is located in Rio de Janeiro and manages assets for high-net worth and institutional investors. They are a socially responsible investor which incorporates socially responsible criteria in their investment processes and is also committed to ecologically responsible actions.

Part of Novus Capital (Brazil), Novus Capital Gestora de Recursos Ltda is an independent resource manager based in Rio de Janeiro, Brazil. The company brings together a team of multidisciplinary and complementary professionals with extensive experience and successful careers in the Brazilian financial market. The company's team is highly qualified and focused on the generation of alpha in different markets. on September 05, 2018. Novus Capital was founded in 2012 by Rodrigo Galindo, Felipe Novaes Garcia, Luis André de Queiroz Oliveira, and Rodrigo Galindo has been the CEO since then. Novus Capital Gestora de Recursos was acquired by Modal Asset Management Ltda.

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.

Indie Capital Investimentos Ltda. (Indie Capital) is an independent asset management firm headquartered in Porto Alegre, Brazil. The firm was founded by Felipe Montagna, Daniel Reichstul and Luiz Henrique Guerra in 2011. Indie Capital provides investment solutions to a broad range of investors, including institutional investors, wealth managers, investment advisors, private and retail clients.

Polo Capital Gestão de Recursos Ltda. (Polo Capital) is an independent Brazilian fund management firm which was founded in 2002 by Marcos Duarte and Claudio Andrade. Headquartered in Rio de Janeiro, Polo Capital manages funds for qualified individual and corporate investors.

Leste Administração De Recursos Ltda. is a Brazilian alternative investment platform based in Leblon, Brazil. and has subsidiaries in Brazil. The Brazilian company offers investment solutions with a constant commitment to provide consistent risk-adjusted returns. identifies, evaluates, and structures opportunistic investments with world-class partners in the Spanish paan of the East Group. The private company has wide experience in resource management, capital markets, and a wide network of relationships to originate investment opportunities. offers a wide range of strategies in the world of alternative investments and serves investors around the world with a team of over 90 people in three continents.

Part of Itaú Unibanco Holding SA, Itaú BBA SA is a financial company based in São Paulo, Brazil. Itaú BBA offers a complete portfolio of infrastructure solutions for the capital market, tailored to meet the needs of their clients. The Brazilian company's solutions include a range of services for the market of capitals. Caio Ibrahim David has been the CEO of the company since 2019.

Founded in 1967, J. Safra Corretora de Valores e Câmbio Ltda. The company is based in São Paulo, Brazil and is part of Grupo Safra SA (Private Group). is a Brazilian brokerage company that provides brokerage services.

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.

Credit Suisse Hedging-Griffo Wealth Management SA (CSHG) is the Brazilian private banking subsidiary of Banco de Investimentos Credit Suisse (Brasil) SA, ultimately held by Zurich-based Credit Suisse Group AG (SWX: CSGN). Formerly known as Hedging-Griffo Corretora de Valores SA, the firm was founded in 2006 when Credit Suisse acquired Hedging-Griffo, an independent asset management and private banking firm. CSHG is headquartered in Sao Paulo and offers a suite of products covering a range of investments from domestic and international equities and bonds to currencies, commodities and interest rate securities.

Part of Banco Bradesco SA, Bradesco-Kirton Corretora de Câmbio SA provides brokerage services. The company is based in São Paulo, Brazil. Roberto Medeiros Paula has been the CEO of the Brazilian company since 2012.

Neo Gestão de Recursos Ltda. (Neo) is an independent fund management firm headquartered in Sao Paulo, Brazil. The firm was founded in 2003 and manages the Neo mutual fund range for various investors. Neo is a signatory to the UN Principles for Responsible Investment (UNPRI) which integrates environmental, social, and governance considerations into their investment process.

Credit Suisse (Brasil) SA CTVM (Credit Suisse Brazil) is the Brazilian broker/dealer subsidiary of Banco de Investimentos Credit Suisse (Brasil) SA, itself a subsidiary of Credit Suisse Group AG (SWX: CSGN) in Switzerland. The firm was formerly known as Banco de Investimentos Credit Suisse (Brazil). Headquartered in Sao Paulo, Credit Suisse Brazil operates with brokerage and treasury operations, Fixed Income operations (credit and debt restructuring), issuance of shares and bonds, IPO and mergers and acquisitions (M&A).

Ventor Investimentos Ltda. is an independent hedge fund management firm headquartered in Rio de Janeiro, Brazil. The firm was founded by Flavio Fucs in 2006 and they manage multi-market, stock and social security funds for sophisticated investors.

TRUXT Investimentos Ltda. (TRUXT) is an independent alternative investment firm headquartered in Rio de Janeiro, Brazil. The firm was founded in 2015 and formerly known as R2 Gestora de Recursos Ltda. TRUXT manages the Truxt Funds for individual and institutional investors.

Votorantim CTVM Ltda. is the brokerage subsidiary of Banco Votorantim SA, which is ultimately held by the Government of Brazil. The firm is headquartered in São Paulo and was founded in 1995. Votorantim provides brokerage services to their clients.

Part of Morgan Stanley, Morgan Stanley Corretora de Valores Mobiliarios SA is a Brazilian company that offers specialized investment solutions to help clients achieve their investment goals. The company is based in São Paulo, Brazil. The company also provides processes and services to protect clients from cyber threats and online fraud. The company was founded in 2001. Alessandro Zema has been the CEO of the company since 2008.

Ipanema Gestora de Recursos Ltda. is an investment advisory company based in Rio de Janeiro, Brazil. and has subsidiaries in Brazil. The Brazilian company provides investment advice. The private company was founded in 2007 by Antônio Bittencourt and Ney Marinho. Antônio Bittencourt has been the CEO since 2007.