X8 INVESTIMENTOS

General Partner, CEO

Carlos Alberto Miranda holds a Master’s degree in Business Administration from IBMEC-RJ, where his thesis was titled “Entrepreneurial Competencies in a Developing Organization.” He also holds an MBA in Finance from IBMEC-RJ and has a degree in Architecture and Urbanism.

He attended the Executive Management and Strategy Program at the Kellogg School of Management, Northwestern University, in Chicago, USA.

For 21 years, Carlos worked at Ernst & Young (EY), always in the areas of Corporate Finance and Management & Strategy Consulting.

He was a partner in the firm’s Transaction Advisory Services area from 1998 to 2010, serving as Managing Partner for Brazil for four years and as a member of the South America Advisory Board from 2007 to 2010.

From 2006 to 2010, he was also responsible for the Strategic Growth Markets area in South America, which aimed to support high-growth companies in their transformation toward market leadership.

In addition to leading teams responsible for Management Consulting, M&A, IPOs, and Private Equity funds, he implemented the Entrepreneurship programs in Brazil, Chile, Argentina, and Colombia, and coordinated them between 2006 and 2010.

Throughout these years, he assisted companies from various sectors (both public and private) in their growth strategies and took part in more than a hundred business development projects, mergers and acquisitions, strategic consulting, IPOs, business valuations, integrations, and privatizations.

He is a founding partner of BR Opportunities, now X8 Investimentos. Carlos leads the firm’s investment analysis and decision-making processes and plays an active role on the boards of portfolio companies, contributing his extensive experience and network.

He is also responsible for X8’s internationalization initiatives.

Carlos was honored by HSM as one of the 100 Leaders Changing Business in Brazil and currently serves in several roles:

• Finance Committee Member at ABVCAP
• Entrepreneurship and Seed Capital Committee Member at ABVCAP
• Endeavor Mentor
• Advisory Board – Anjos do Brasil

In addition to authoring numerous papers, articles, and lectures on strategy, corporate finance, and entrepreneurship, he is co-author of the book “Empresas Familiares Brasileiras” organized by Prof. Ives Gandra Martins, and a columnist for Pequenas Empresas & Grandes Negócios magazine and the Endeavor Brazil portal.

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Operating Partner

Taiza Roso has a degree in business administration from Insper, where she graduated with an honorable mention. Taiza had part of her studies at Università Luigi Bocconi, in Milan, Italy, with a specialization in private equity and venture capital. Additionally, she has a postgraduate degree in strategic management from FIA-USP and specialization in mergers, acquisitions and due diligence from FGV Direito SP.

Taiza started her career as an intern at Ambev, where she was responsible for developing a solution for one of the distribution center’s salesforce by using the PDCA tool and statistical analysis. During this experience, Taiza earned the Green Belt Six Sigma certificate.

In 2012, she joined BR Opportunities, a private equity firm, as an investment analyst, participating not only in the analysis of more than 250 companies but also in the investment process of more than 10 companies. As an associate, she joined one of the firm’s investees, Mãe Terra, where she acted as head of finance for more than 5 years. Her main responsibilities were to reorganize the company’s business units, implement the auditing process, balance the company’s capital structure, analyze new and M&A projects. Taiza actively participated in the investment process of Mãe Terra and was responsible, 4 years later, for the exit process of the investee to Unilever Brasil, coordinating the whole M&A process and responsible for the post-acquisition integration between Mãe Terra and Unilever.

After the completion of the integration, Taiza became the financial manager for the whole food business unit at Unilever, where she worked for one year. Participating in all steps of the investment cycle and with more than 10 years of experience in private equity and venture capital, Taiza is currently responsible for the investment process, value creation, and the manager’s impact agenda.

Taiza is a member of the venture capital and private equity ecosystem in Brazil, participating in the 2030 committee of ABVCAP. Additionally, she is associated with Insper Angels and she is mentor for students and entrepreneurs at Insper Entrepreneurship Center (CEMP) and is responsible for the partnership with Insper Ventures.

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Venture Partner

Daniel Kang holds a degree in Business Administration from Insper and a bachelor’s degree in Law from the University of São Paulo (USP).

He began his career at the trading desk of Mirae Asset CTVM, where he was responsible for structuring fixed income and equity operations. He later gained experience in M&A and Venture Capital at the group’s investment bank. He participated in the M&A process of one of the largest ice cream companies in Asia for the acquisition of a mid-sized company in Brazil. He was also involved in the creation of a Venture Capital fund focused on infrastructure and mining in Minas Gerais, and in the acquisition process of real estate developments on Avenida Paulista and Avenida Faria Lima.

Later, he joined the BR Opportunities team in 2011, initially as an investment analyst, where he analyzed over 300 companies and took part in the investment process of more than 10 companies. He became an Associate and had the opportunity to join one of BR Opportunities’ portfolio companies, MDR S.A., where he first served as Controller and later as the group’s CFO. He was responsible for implementing systems and management processes, as well as overseeing the Controllership, Accounting, and Treasury teams. Daniel was one of the key players in the merger between the Maremonti and NB Steak groups (now part of the MDR Group).

After his time at MDR, Daniel led the structuring of the operation between the Flores Online and Isabela Flores groups, now known as Grupo Flora. He is currently the partner responsible for all financial management and structuring at the firm, in addition to actively participating in the investment processes. Daniel is also a member of the Board of Directors at Grupo MDR S.A. and Home Agent. He is an associate of Insper Angels.

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Investment Analyst at X8 Investimentos

Laura has a degree in management engineering and a bachelor’s degree in science and technology from the Federal University of ABC (UFABC).

While at university, she was a member of the junior business management and consulting company and vice-president of the Financial Markets League. She also did an exchange program in Australia, taking a business-oriented English course at ILSC Sydney.

She began her career at Itaú Unibanco in the business area and later moved to the finance area (FP&A) at Citibank. She also worked for 1 year at Magma – Fusões e Aquisições, a traditional M&A boutique, where she performed functions related to the preparation of investment theses, market analysis, due diligence support and the production of daily reports on transactions and macroeconomic events in Brazil.

She is currently studying for a postgraduate degree in finance at Insper and is an investment analyst at X8, where she participates in the analysis of various companies and in the process of raising funds and investing in them.

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Venture Partner

Roberto Goldstajn is a lawyer active in the corporate legal segment with over twenty years of career in renowned multinational and national companies.

CExtensive experience in “Compliance”, Corporate Governance and “Legal” projects with a focus on identifying opportunities and mitigating corporate risks.

Ability to build and develop ethical and transparent relationships with different social actors.
Experience as a mentor and independent member of Advisory Boards of Technology Startups, Social Businesses and Civil Society Organizations.

Author of several articles published in specialized media, such as “Executive Risks at Covid 19” (RI Magazine – Ed. 242 – June/2020), “The importance of Compliance” (RI Magazine – Ed. 239 – March/2020 ), “Demystifying the ‘Lobby’ (RI Magazine – Ed. 209 – February/2017), “Reflection of Car Wash in Business” (RI Magazine – Ed. 205 – August/2016), “The Essence of Compliance” (Review RI – Ed. 183 – May/2014, among others Co-author of the books “Tax Aspects of the New Accounting Law” (MP Editora – 1st Edition – 2010), “PIS and COFINS in light of CARF jurisprudence” (MP Editora – 1st Edition – 2011) and “Development Brazil 2035: The country we want” (Editora CRV – 1st Edition – 2020).

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