XP Investimentos to Launch Fund of Funds XP Selection Alternativo (em português)

February 24, 2021

XP Asset is seeking authorization from The Securities and Exchange Commission of Brazil (CVM) to launch a fund of funds and raise up to BRL1b. The fund plans to invest primarily in Brazilian private equity funds and may allocate up to 20% to international fund managers.

(Brazil Journal) A XP Asset está pedindo autorização à CVM para lançar um ‘fundo de fundos’ focado em investimentos alternativos como private equity e venture capital. A gestora planeja captar R$ 1 bilhão para o fundo, o primeiro deste tipo destinado a investidor de varejo. O fundo terá prazo de 10 anos, com 4 de investimento, e o tíquete
mínimo será de R$ 50 mil.

Read more at Brazil Journal.

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