XP Private Equity fund, managed by XP Asset, has acquired a stake in Brazil-based insurance company Pottencial Seguradora for R$275m (approximately US$53m). (CQCS) A Pottencial Seguradora anuncia, em comunicado ao…
Chu Kong
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XP Private Equity acquired control of Brazil-based CBV Eye Hospital for R$200m. XP plans to use CBV as a consolidation platform in Brazil, with 5,000 clinics and ~ R$8b of…
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XP Investimentos Lists PE FIP (em português)
2 March 2020XP Investimentos listed its first private equity FIP, fund raising BR$1.264b from more than 5,000 investors from Brazil each investing a minimum of R$150k. (Valor Econômico) A XP concluiu na…
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XP Investimentos to Launch PE fund
27 November 2019XP Investimentos will join forces with Chu Kong, former Actis private equity partner, to reinforce its equity investment funds (FIP) business to raise R$1.25b. (Valor Econômico) XP Investimentos is joining…
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Former Actis Partner Joins XP to Launch PE Fund
26 November 2019Chu Kong a former partner at Actis joined XP Investimentos to aid in their launch of a R$1.25b private equity fund targeting mid-sized Brazilian companies. (Reuters) Brazilian investment firm XP…