Thiago Montenegro

Founded in 2005, Banco do Brasil Securities LLC is a broker/dealer located in New York City. The firm seeks to enhance the access of institutional investors to securities and commodities in both the Brazilian and US markets. In addition to brokerage services, Banco do Brasil Securities is an active participant in the distribution of private placements of fixed-income and equity securities issued by Banco do Brasil SA, as well as other Brazilian corporations.

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.

Banco Votorantim SA engages in the provision of banking services. It operates through the Retail and Wholesale segments. The Retail segment includes transactions with the characteristic of direct credit granting to consumer, credit granting, and credit card. The Wholesale segment refers to the financial operations and services directed at financial institutions and corporate. It offers loans and financing, derivatives, foreign trade, bank guarantees, real estate projects, investments, payments, and collection services. The company was founded in 1988 and is headquartered in São Paulo, Brazil.

Haitong Bank SA (Broker) is the securities brokerage division of Portuguese Haitong Bank SA, ultimately held by Haitong Securities Co., Ltd. (SHA: 600837) in China. Formerly known as Banco Espirito Santo de Investimento SA (Broker), the firm is headquartered in Lisbon and offers brokerage services to corporate and institutional clients in its local and international markets.

Part of Holding Plural SA, Genial Investimentos Corretora de Valores Mobiliários SA is a brokerage firm based in Rio de Janeiro, Brazil. Genial Investimentos provides brokerage services. The Brazilian company was founded in 1981 and the CEO is Rodolfo Riechert.

BB Gestão de Recursos DTVM SA (BB DTVM) is a fund management firm headquartered in Rio de Janeiro, Brazil with an additional office in São Paulo. The firm was founded in 1986 and is a wholly-owned subsidiary of government-owned Banco do Brasil S.A. (BVMF: BBAS3). It specializes in the management of third-party resources and the administration of investment funds for Banco do Brasil clients. They utilize the BB distribution network to offer products and services to high-net worth individuals, corporate, government and institutional investors. BB DTVM is a socially responsible investor and signatory to the UN Principles for Responsible Investment (UNPRI).

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.

Part of Opus International Holdings Ltd., Opus Gestão de Recursos Ltda. is a Brazilian investment advisory company based in Rio de Janeiro, Brazil. Opus Gestão de Recursos Ltda. provides investment advice. The Brazilian company was founded in 2004 by Eduardo Plass, José Mario Osorio, Carlos Henrique Vieira Brandão dos Santos. José Mario Osorio has been the CEO since 2004.

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.

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.

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.

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.

Plural Investimentos Gestão de Recursos Ltda. (Plural) is the investment management subsidiary of Plural SA Banco Multiplo, ultimately held by Holding Plural SA in Brazil. The firm was founded in 2008 as GF Gestão de Recursos S/A. Headquartered in Sao Paulo, Plural manages fixed income, variable income, private credit and real clients.

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.

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).

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.

BC Gestão de Recursos Ltda. (Brasil Capital) is an independent investment firm headquartered in Sao Paulo, Brazil. The firm was founded by André Ribeiro and Alexandre Bossi in 2008. Brasil Capital manages funds for their diversified client base, which comprise of local and international family offices, institutional investors, and partners’ capital.

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.

Mos Gestão de Investimentos Ltda. (do-business-as Mos Capital) is an independent asset management firm headquartered in São Paulo, Brazil. Formerly known as Teorema Gestão de Ativos Ltda., the firm was founded in 2007 as Bahema Gestao de Ativos Ltda. Mos Capital manages investment funds for qualified individual and institutional investors.

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.

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.

Equitas Administração de Fundos de Investimentos Ltda. (Equitas) is an independent asset management firm headquartered in São Paulo, Brazil. The firm was founded by Luis Felipe Teixeira do Amaral and Felipe Zaghen in 2003. Equitas manages a range of investment funds for individual and institutional investors.Their flagship fund is Equitas Selection FIC FIA.

Ibiúna Macro Gestão de Recursos Ltda. The company is based in São Paulo, Brazil. Ibiúna Investimentos manages over $35 billion in assets distributed in three funds\: macro, shares, and credit. The Brazilian company believes that initiatives that have a positive impact on society are fundamental in any line of business. The company incorporates investment processes fully into the different assets they operate. The company has the support of an external consultancy specializing in sustainable finances to monitor and measure ex-exit factors for managed portfolios, as well as supporting the integration of these factors with asset analysis and management processes. is a Brazilian independent resource manager that was founded in 2010 by Rodrigo Telles da Rocha Azevedo and Mário Gomes Torós. Mário Gomes Torós has been the CEO since 2010.

Part of Banco BTG Pactual SA, BTG Pactual Serviços Financeiros SA DTVM is a financial services company based in Botafogo, Brazil. BTG Pactual Serviços Financeiros SA DTVM provides investment advice. The Brazilian company was founded in 1966 and the CEO is Allan Hadid.

Part of Ace Capital Partners Participações Ltda., Ace Capital Grou Gestora de Recursos Ltda. The company is based in São Paulo, Brazil. is a Brazilian company that provides investment advice. Ace Capital Grou Gestora de Recursos on May 05, 2022. The company was founded in 2015. Ricardo Denadai has been the CEO of the company since 2022. was acquired by ACE Capital Gestora de Recursos Ltda.

Part of XP, Inc., XP Investimentos CCTVM SA is a financial investment company based in Rio de Janeiro, Brazil. The Brazilian company offers a variety of investment options such as CDB, LCA, LCI, COE, CRI, CRA, Fundos, Futuros, Tesouro, and more. XP Investimentos CCTVM was founded in 1997 by Guilherme Benchimol, who has been the CEO since then.

Blueline Asset Management Ltda. is based in São Paulo, Brazil and has subsidiaries in Cayman Islands. is an independent asset management firm led by a group of partners with an average of 28 years of experience in the financial industry, including previous positions at J.P. Morgan and Banco BBM. The Brazilian company operates as a meritocratic partnership with a focus on profitability and strict risk control. The private company was founded in 2018, and Giovani Pereira e Silva has been the CEO of the company since 2018.

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.

Part of Ace Capital Partners Participações Ltda., ACE Capital Gestora de Recursos Ltda. The company is based in São Paulo, Brazil. is a Brazilian company that aims to take care of people's assets by perpetuating their investment culture with confidence and results. The company was founded in 2019 by Thiago Kadobayashi, Pedro Nunes, Maiko Carvalho, Rodrigo Gaze, Gabriel Trebilcock, Fabricio Taschetto. Ricardo Denadai has been the CEO of the company since 2019.

Bogari Gestão de Investimentos Ltda. is an independent investment management company based in Rio de Janeiro, Brazil. and has subsidiaries in Brazil. Bogari Gestão de Investimentos specializes in long-term investments based on identifying distortions between asset values and their trading prices. The Brazilian company was founded in 2007 by Flavio Eduardo Sznajder, who has been the CEO since its inception.

Gama Investimentos Ltda (Gama Investimentos) is an independent private equity firm founded in 2007 by Marcos Pessoa de Queiroz Falcao. The firm is headquartered in São Paulo, Brazil.