XP Inc. (XP) Invests in, Partners with Jive

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Go back to XP Inc. (XP) Invests in, Partners with Jive

 XP Inc. Partners With Jive, a Leading Alternative Investment Manager in Brazil

June 25, 2021 9:46 PM EDT

SÃO PAULO, Brazil--(BUSINESS WIRE)-- XP Inc. (Nasdaq: XP), a leading, technology-driven platform and a trusted provider of low-fee financial products and services in Brazil, signed yesterday the acquisition of a minority stake in Jive Investments, the largest independent alternative investment manager in Brazil, offering credit recovery, real estate, and other distressed asset strategies. XP's investment will allow Jive to accelerate its growth, while the partnership represents another step in XPs initiative to foster independent asset managers in Brazil within an entrepreneur-friendly ecosystem.

Additionally, the development of independent asset... More