XP acquires minority stake in Vista Capital
Submitted
16/11/2021 - 5:13pm
XP Inc, a provider of low-fee financial products and services in Brazil, has acquired a minority stake in Vista Capital, one of the main independent equity and hedge funds managers in Brazil, with over BRZ4.5 billion in Assets Under Management (AUM). This transaction reinforces XP’s strategy to develop the most complete ecosystem of managers and distributors in Brazil. Additionally, the development of independent asset managers meets XP's strategy by contributing to an increase in secondary market liquidity, helping to democratise investment products to more Brazilians.