View all newsletters
Receive our newsletter - data, insights and analysis delivered to you
  1. News
June 28, 2021

XP picks stake in Brazilian alternative investment manager Jive

By Verdict Staff

XP, which offers financial products and services in Brazil, has acquired a minority interest in Jive Investments for an undisclosed discount.

Free Report
img

How attractive are current investment opportunities in Europe?

Europe has been identified as one of the most favorable regions for investors, seeing high investment activity in the past year. Most of these investments have been through Debt Offering, valued at close to $700 billion. The region has provided attractive investments in a diverse set of companies. Companies who tend to major themes such Digital Media, Cloud, Artificial Intelligence, E-commerce, and Big Data are recording the highest number of deals, with Digital Media recording close to 2,000 deals. However, GlobalData’s whitepaper offers a full view of the market, analyzing less successful or attractive points of investment as well, examining statistics on Equity Offering investments and PE/VC deals. Understand how government agencies for economies around the world use GlobalData Explorer to:  
  • Track the M&A and Capital Raising volumes into their target market
  • Identify the top sectors in the target market attracting the investments
  • For any investment segment, identify the top Investors inside and outside the target economy that are already investing in the Segment
  • Assess and showcase the growth potential for various Industries in the target economy
Don’t miss out on key market insights that can help optimize your next investment – read the report now.
by GlobalData
Enter your details here to receive your free Report.

The investment is part of XP’s initiative to support independent asset managers in Brazil within an entrepreneur-friendly ecosystem.

At present, Jive has more than 1,300 investors in Brazil and manages around BRL8bn in assets, BRL21bn in face value.

The partnership with XP will allow the firm to accelerate its growth and originate and distribute assets directly or through around 9,000 IFAs plugged into XP’s network.

Jive is looking to foray into the retail channel and is extending its investment offerings into products with lower risk and complexity profiles for an expanded reach.

Jive partner Guilherme Ferreira said the firm is also planning to increase investments in technology, expand origination and distribution channels, strengthen the team, as well as to capitalise on opportunities to acquire other managers and platforms that are complementary to its business.

The company’s initial product development initiatives will focus on high yield credit, real estate, and legal assets.

Jive plans to offer a more complete and integrated investment platform in alternative and illiquid assets, with differentiated products for investors.

Moreover, management is planning on expanding the company’s offering of asset management, collection, and recovery services to third parties, including banks, pension funds and large companies.

Commenting on the development, XP partner Leon Goldberg said: “Jive is a leading player in alternative investments in Brazil. Our vision is to offer our clients a complete investment ecosystem through partnerships with the best managers in the market, such as Jive.”

The transaction, which is subject to approval by Cade, will have no effect on governance and independence of both companies.

Free Report
img

How attractive are current investment opportunities in Europe?

Europe has been identified as one of the most favorable regions for investors, seeing high investment activity in the past year. Most of these investments have been through Debt Offering, valued at close to $700 billion. The region has provided attractive investments in a diverse set of companies. Companies who tend to major themes such Digital Media, Cloud, Artificial Intelligence, E-commerce, and Big Data are recording the highest number of deals, with Digital Media recording close to 2,000 deals. However, GlobalData’s whitepaper offers a full view of the market, analyzing less successful or attractive points of investment as well, examining statistics on Equity Offering investments and PE/VC deals. Understand how government agencies for economies around the world use GlobalData Explorer to:  
  • Track the M&A and Capital Raising volumes into their target market
  • Identify the top sectors in the target market attracting the investments
  • For any investment segment, identify the top Investors inside and outside the target economy that are already investing in the Segment
  • Assess and showcase the growth potential for various Industries in the target economy
Don’t miss out on key market insights that can help optimize your next investment – read the report now.
by GlobalData
Enter your details here to receive your free Report.

NEWSLETTER Sign up Tick the boxes of the newsletters you would like to receive. A weekly roundup of the latest news and analysis, sent every Wednesday. The industry's most comprehensive news and information delivered every month.
I consent to GlobalData UK Limited collecting my details provided via this form in accordance with the Privacy Policy
SUBSCRIBED

THANK YOU

Thank you for subscribing to Private Banker International