On March 22, 2024, global asset manager VanEck announced a majority investment in Investo, a trailblazing Brazilian ETF provider. This partnership reinforces VanEck's commitment to the rapidly growing Latin American markets, but also positions Investo to become a dominant force in the region's ETF industry. Wilson Sonsini Goodrich & Rosati acted as lead deal counsel to Investo on the transaction.

Investo, known for its innovative approach in the Brazilian ETF market, distinguished itself through its leadership and creative financial products such as products that closely track the Selic rate or the inflation targeting system. VanEck's strategic investment in Investo, Brazil's largest independent ETF issuer, underscores its commitment to Latin American markets.

The Wilson Sonsini team that advised Investo on the transaction included:

Corporate – Latin America
Matt Squires
Cesar Fischer

Mergers & Acquisitions
Brendan Ripley Mahan
Orlando Hodges Jr.
Valerie Lopez

Technology Transactions
Christopher Paniewski
Atussa Simon

Tax
Greg Broome

Employee Benefits and Compensation
Scott McCall
Mark Cornillez-Ty
Lori Howey

Employment Litigation
Jason Storck
Aren Balabanian
Ryan Gribbin-Burket

Privacy and Cybersecurity
Matt Staples
Daniel Chen
Dantam Le

Regulatory
Anne Seymour
Seth Cowell
Jonathan R. Davey

Real Estate
Susan Reinstra
Martin Sul
Sean Wilkinson
Matt Parsons

For more information, please see VanEck's news release. Additional coverage can be found on Brazil Journal.