Isabella Demarqui

Ashmore Equities Investment Management (US) LLC (AEIM) is an investment management firm headquartered in New York City. The firm was founded in 1987 and is a subsidiary of Ashmore Equities Holding Corp., which is ultimately owned by Ashmore Group Plc (LON: ASHM) in Great Britain. AEIM manages pooled funds, segregated accounts and structured products that provide an opportunity for investors to participate in Emerging Markets.

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.

BNP Paribas Asset Management Brasil Ltda. (BNPPAM) is the Brazilian asset management arm of Banco BNP Paribas Brasil SA, itself a subsidiary of BNP Paribas SA (XP: BNP, ADR: BNPQY) in France. The firm is headquartered in Sao Paulo and was founded in 1998. BNPPAM provides competitive investment options for high-net worth individuals, pension funds, insurance companies and foreign investors.

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.

Fundação Bradesco was organized with the with the purpose of providing education and professionalization to children, teenagers and adults. They offer courses in educational levels, from elementary, to young adult, to vocational via their schools located throughout Brazil. The firm was founded in 1956, and is based in Osasco, São Paulo.

Banco Fibra SA operates commercial, foreign exchange, investment portfolios, credit, financing, and manages investment clubs. Its services include credit operations, anticipation of receivables, export, import, checking account, bank deposit certificate, capital markets, derivatives, and others. The company was founded on February 18, 1988 and is headquartered in Sao Paulo, Brazil.

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.

Rio Bravo Investimentos Ltda. (Rio Bravo) is an asset manager headquartered Sao Paulo, Brazil. The firm was founded by Gustavo Franco and Paulo Bilyk in 2000. They are owned by Rio Bravo Asset Management Participações SA, which is owned by Fosun International Holdings Ltd. in British Virgin Islands. Rio Bravo offers investment funds for institutional investors.

Part of Haitong Securities Co., Ltd., Haitong Securities do Brasil SA CCVM is a financial services company based in São Paulo, Brazil. The Brazilian company offers capital market and financing solutions, as well as corporate governance services. The company has several locations, including headquarters, subsidiaries, and branches throughout the American continent. In recent news, the company successfully completed the issuance of obligations for a corporate sustainability-linked emission and was among the 20 best-placed funds by Morningstar. Carlos José Caetano Guzzo has been the CEO of the company since 2001.

Bradesco SA CTVM is the securities brokerage subsidiary of Banco Bradesco BBI SA, itself owned by Banco Bradesco SA (BVMF: BBDC4) in Brazil. Headquartered in Sao Paulo, the firm provides full spectrum of brokerage services specifically tailored for both retail and institutional investors.

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 Haitong Securities Co., Ltd., Haitong do Brasil Participações Ltda. is a Brazilian company based in São Paulo, Brazil. Haitong do Brasil Participações provides investment advice. The Brazilian company was founded in 2004. The CEO is Miguel António von Rechberg Lins.

BV Distribuidora de Títulos e Valores Mobiliários Ltda. (BV DTVM) is an asset management firm headquartered in headquartered in Sao Paulo, Brazil. The firm was founded in 1999 as Votorantim Capital DTVM Ltda., subsequently became Votorantim Asset Management DTVM Ltda. in 2000 and changed their name to BV Distribuidora de Títulos e Valores Mobiliários Ltda. in 2021. They are a subsidiary of Kartra Participaçoes Ltda., which is owned by Banco Bradesco SA (BVMF: BBDC4). BV DTVM manages the assets of third parties and creates customized financial solutions for a range of clients which includes institutional and corporate investors, private banking clients, distributors, and international funds and investors.

Banco Alfa de Investimento SA (Investment Management) (Banco Alfa-IM) is the investment management division of Banco Alfa de Investimento SA (BVMF: BRIV3) in Brazil. Founded in 1966, the firm is headquartered in Sao Paulo and manages investment funds for individual and corporate clients.

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.

Western Asset Management Company DTVM Ltda. (Western Asset Brazil) is the Brazil-based asset management subsidiary of Legg Mason, Inc., ultimately owned by Franklin Resource, Inc. (NYSE: BEN) in the US. Headquartered in Sao Paulo, the firm provides fixed-income, equities and balanced investment management and advisory services for a wide variety of clients such as charitable, corporate, health care, insurance, mutual fund, public and union organizations.

BTG Pactual WM Gestão de Recursos Ltda. (BTG Pactual WM) is the wealth management subsidiary of Banco BTG Pactual SA (BVMF: BPAC11) in Brazil. Headquartered in Sao Paulo, BTG Pactual WM was founded in 1990 and provides personalized wealth management solutions to corporate, institutional and high-net worth clients.

AZ Quest Investimentos Ltda. (AZ Quest) is the Brazilian asset management subsidiary of AZ Brasil Holdings Ltda., ultimately held by Azimut Holding SpA (BIT: AZM, ADR: AZIHY) in Italy. The firm was founded by Luiz Carlos Mendonça de Barros in 2001. Headquartered in Sao Paulo, AZ Quest offers investors a diversified platform of high quality products in Equities, Macro, Private Credit and Arbitrage strategies.

Global X Brasil Gestora de Investiemntos Ltda. (Global X Brazil) is the Brazilian asset management subsidiary of Mirae Asset Global Investments Co., Ltd. in South Korea. The firm was founded in 2008 as Mirae Asset Global Investimentos Gestão de Recursos Ltda. Headquartered in Sao Paulo, Global X Brazil provides innovative solutions to retail and institutional clients.

Confederação Nacional das Instituições Financeiras - CNF is a civic and social organization based in Brasilia, Brazil. CNF operates as a civic and social organization. The Brazilian company was founded in 1985 and the CEO is Jose Ricardo da Costa Aguiar Alves.

Santander Brasil Gestão de Recursos Ltda. (SBG) is the Brazilian asset management subsidiary of Santander Asset Management Investment Holdings Ltd. in Great Britain. Headquartered in Sao Paulo, SBG was founded in 2008 and offers a diversified range of investment funds, managed portfolios and investment advice to individual, corporate and institutional investors.

Agora Gestão de Recursos Ltda. (AGR) is the fund management subsidiary of Kirton Bank SA, itself a subsidiary of Banco Bradesco SA (BVMF: BBDC4, ADR: BBDO) in Brazil. The firm was founded in 2004 as Kirton Gestão de Recursos Ltda. They changed their name to HSBC Gestão de Recursos Ltda. in 2016 and Agora Gestão de Recursos Ltda. in 2019. Headquartered in São Paul, AGR manages mutual funds for individual and institutional clients.

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.

Banco Bradesco BBI SA (Bradesco BBI) is the investment banking subsidiary of Banco Bradesco SA (BVMF: BBDC4, ADR: BBDO) in Brazil. Headquartered in Sao Paulo, Bradesco BBI provides a range of investment banking services to high-net worth individuals and institutional clients.

Genial Institucional CCTVM SA is the broker/dealer subsidiary of Genial Investimentos Corretora de Valores Mobiliários SA, ultimately held by Holding Plural SA in Brazil. Headquartered in São Paulo, the firm offers a full spectrum of brokerage services for institutional investors, companies and individuals.

Infinity Asset Management Administração de Recursos Ltda. (Infinity Asset Management) is an independent investment management firm headquartered in Sao Paulo, Brazil. The firm was founded in by David J. Gil Fernandez 1999, initially focused on providing brokerage services for BM&F, Bovespa and the public and private securities market. Infinity Asset Management has focused on fund management activities since 2003, thus ending brokerage activities. The firm offers management and allocation in open and exclusive investment funds for individual and institutional clients.

J. Safra Asset Management Ltda. (Safra AM) is an asset management firm headquartered in Sao Paulo, Brazil. The firm was founded in 1968 and is a subsidiary of Sercom Trade Services Ltda., ultimately held by Grupo Safra SA in Brazil. Founded in 1968, Safra AM manages assets for individual and institutional clients.

Belvedere Administração de Valores Mobiliários Ltda. is a Brazilian company based in São Paulo, Brazil. and has subsidiaries in Brazil. provides investment advice. The Brazilian company was founded by Julio Cesar Fernandes Lage, who has been the CEO since incorporation.

Sul América Investimentos Gestora de Recursos SA (SulAmérica Investimentos) is the asset management subsidiary of Sul América Investimentos DTVM SA, ultimately held by Rede D'Or São Luiz SA (BVMF: RDOR3) in Brazil. Founded in 2015, the firm is headquartered in Sao Paulo and manages assets for a range of clients such as pension funds, insurers, companies, financial institutions, family offices, brokers, distributors and high-net worth individuals. SulAmérica Investimentos is a signatory to the UN Principles for Responsible Investment (UNPRI) and seeks to incorporate environmental, social and corporate governance matters into their business practices.

Cartesia Investimentos e Gestão de Recursos Ltda. is a Brazilian-based company with subsidiaries in Brazil. The private company was founded in 2015 by Carlos Foz, Bernardo Goldsztajn, Bruno Carvalho, and is currently led by CEO Leonardo Rigobello since 2021. is an independent investment manager that offers investment opportunities in real estate funds with security, transparency, and high governance standards.

XP Advisory Gestão Recursos Ltda. is a company based in São Paulo, Brazil, founded in 2012 by André Elias Vasquez Fadul. Part of XP, Inc., the Brazilian company provides advisory services in the financial sector. The company's website offers access to their Reference Form, Compliance Manual, Code of Ethics and Conduct, and XP's policies.

SPX International Asset Management Ltd. (SPX) is an asset management firm headquartered in London, UK. The firm was founded in 2015 and is a wholly-owned subsidiary of IAM Holding Ltda., in Brazil. SPX provides investment advisory services and portfolio management services to individuals and institutional clients.

Legacy Capital Gestora de Recursos Ltda. The private company is based in São Paulo, Brazil. Legacy Capital is formed by professionals with a long history of working together and great experience in asset management. is a Brazilian independent asset management company founded in 2017.

Trafalgar Gestao de Recursos Ltda is an investment advisory company based in São Paulo, Brazil. and has subsidiaries in Brazil. The Brazilian company provides investment advice. The private company was founded in 2014 by Ettore Marchetti, Paulo Corchaki, Roberto Chagas, Guilherme Loureiro. Paulo Corchaki has been the CEO since 2014.

Confederação Interestadual Das Cooperativas Ligadas Ao Sicredi (Sicredi) is an asset management firm headquartered in Porto Alegre, Brazil. The firm is a subsidiary of Banco Cooperativo Sicredi SA. Sicredi manages investment funds and portfolios.

Mar Capital Gestão de Recursos Ltda. The private company is based in São Paulo, Brazil. provides investment advice. and has subsidiaries in Brazil. The Brazilian company was founded in 2014. The CEO is Gustavo Baptista Paulus.

ASA Asset Gestão em Investimentos Ltda. (ASA Investments) is an asset management firm headquartered in Sao Paulo, Brazil. The firm was founded in 2018 and is a subsidiary of Asa 1 Holding Nao Financeira Ltda., which is owned by Alberto J. Safra Holding Ltda. ASA Investments develops investment products for various types of clients.

Eagle Capital Gestão de Investimentos Ltda is a Brazilian company founded in 2002 by Paulo José Possas. The private company is based in São Paulo, Brazil and has subsidiaries in Brazil. Eagle Capital is an asset management firm that provides solutions for investors who wish to plan, manage, and organize their investments.