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BZCP advises Giant Steps Capital on sale to XP Inc

  • News
  • 10 June 2021
  • 225
  • 2 minutes read

Bronstein, Zilberberg, Chueiri & Potenza Advogados advised Giant Steps Capital in the sale of a minority equity stake to XP Inc

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XP Inc., a leading technology-based platform and a trusted provider of low-cost financial products and services in Brazil, announced the purchase of a minority stake in Giant Steps, one of the leading names in the Brazilian market for quantitative funds based on mathematical models and algorithms that has approximately $7 billion in assets under management.

With the deal, the company surpassed BTG Pactual, which was also interested in the business.

Bronstein, Zilberberg, Chueiri & Potenza Advogados advised Giant Steps with partners Sérgio Broinstein (pictured left), André Neves (pictured right) and associates Raphael Chamma e Rafael Lutti

XP Inc was represented by ASBZ Advogados with partner Gustavo Taiar.

Amanda

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The Latin American Lawyer is a bimonthly digital magazine, published by Iberian Legal Group, available in Spanish and Brazilian Portuguese. It represents the main source of information in the legal business sector in America Latina. The digital magazine – and its portal – address to the protagonists of law firms and in-house lawyers. The magazine is available for free on the website and on Google Play and App Store.

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