XP Inc., a leading, technology-driven platform and a trusted provider of low-fee financial products and services in Brazil, announced the acquisition of a minority stake in Vista Capital, one of the main independent equity and hedge funds managers in Brazil, with over R$4.5bn in Assets Under Management (AUM). This transaction reinforces XP’s strategy to develop the most complete ecosystem of managers and distributors in Brazil.
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Additionally, the development of independent asset managers meets XP’s strategy by contributing to an increase in secondary market liquidity, helping to democratize investment products to more Brazilians.
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Vista has a solid performance track record in hedge funds and equity funds, with its flagship fund Vista Multiestratégia FIC FIM yielding 444% since inception and net of fees, against 68% of its benchmark. Both teams expect that, along with Vista’s ability to further develop new products, it can grow its AUM, and benefit both the asset manager and our funds platform.
Vista Capital
Founded in 2014 in Rio de Janeiro, Vista currently manages over R$4 billion in multimarket and equity investment funds.
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