In brief
Itaú bought 35% of Prisma Capital.
The bet is to grow in alternative assets.
What we know
04Verified fact
According to NeoFeed, the price was not disclosed and the deal requires approval from Cade and the Central Bank.
Pending approvals.
Sources[01]
Transmission to assets
Market read-through
The deal is small for Itaú's size but reinforces large banks' race for alternative asset management revenue.
Portfolio impact
01ITUB4positive
Expands asset management revenue.
Small effect on bank earnings.
What would change the view: Regulatory approval.
Direction is an explanatory hypothesis, not a forecast or recommendation.
Next signals
What to watch
- Cade and Central Bank approval
- Financial details of the deal
Limits of the reporting
What remains uncertain
- The purchase price was not disclosed.