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General Atlantic Opens Mexico City Office and Expands Local Presence in Latin America
General Atlantic, a leading global growth equity firm, announced today that it has opened an office in Mexico City, its second office in Latin America. Under the leadership of General Atlantic’s dedicated Mexican-born investment team, the Mexico City office will work closely with the firm’s larger Latin American team, its Brazil office, and the entire General Atlantic global network.
General Atlantic Completes Investment in XP Investimentos
General Atlantic is pleased to announce a R$356 million ($171 million) investment in XP Investimentos ("XP"), one of the leading independent broker-dealers and financial supermarkets in Brazil, for a minority stake in the company. The investment is dependent on regulatory approval by the Brazilian Central Bank ("Banco Central do Brasil").