Rafael Ternis

Far Fator Administração de Recursos Ltda. (FAR) is the asset management subsidiary of Banco Fator SA, ultimately owned by Fator Empreendimentos e Participacoes Ltda. in Brazil.^ Established in 1997, the firm is based in Based in Sao Paulo and develops tailored products for individual and institutional clients including open and closed pension funds, the public sector and insurance companies.

ASA Asset Gestão em Investimentos Ltda. (ASA Investments) is an asset management firm headquartered in Sao Paulo, Brazil. The firm was founded in 2018 and is a subsidiary of Asa 1 Holding Nao Financeira Ltda., which is owned by Alberto J. Safra Holding Ltda. ASA Investments develops investment products for various types of clients.

Bram Bradesco Asset Management S/A DTVM (BRAM) is an asset management firm headquartered in Sao Paulo, Brazil. The firm was founded in 2000 as a result of the consolidation of Bradesco Templeton Asset Management, BCN Alliance Asset Management, Boavista, BANEB, Credireal and Banco Bradesco´s Fund Management and Investment Portfolio departments. They are a subsidiary of Banco Bradesco BBI SA, which is owned by Banco Bradesco SA (BVMF: BBDC4, NYSE: BBD). The firm manages local funds that invest globally for Brazilian investors and, on the other hand, it manages management of Latin American funds for foreign investors. BRAM is a signatory to the UN Principles for Responsible Investment (UNPRI).

Part of Delomitas Participações Ltda., Quatá Gestão de Recursos Ltda. is a Brazilian investment management company based in São Paulo, Brazil. Quatá specializes in credit analysis and operates in the structuring of private credit products, in the management of fixed income investment funds and multimarket investment funds. The Brazilian company's culture is based on consistency, transparency, and versatility, building a close and long-term relationship with customers. Quatá has deep knowledge of the Brazilian credit market, with expertise in large prominent financial institutions in the areas of commercial, structuring, and management of fixed income assets. The company has approximately R $2 billion under credit expertise management and has already invested more than R $15 billion in assets with loss less than 0.2%%. The company was founded in 2008 by Pedro Mac Dowell and Beatriz Degani, who has been the CEO since then.