JOLY LAWYERS

JOLY LAWYERS ( www.jolyadvogados.com.br ) is our Law Office associate specialized in Financial and Capital Markets, focused on Investment Funds and Investment Clubs and The Self Regulation of Brazilian Association of Financial Markets and Capital ("ANBIMA") and Securities, Commodities and Futures Exchange ("BMF&Bovespa").

All activities are developed under the leadership of Dr. Marcelo Joly, with an experience of over 15 (fifteen) years in the financial and capital markets and in the industry of investment funds and investment clubs. Joly has served as a lawyer in the legal departments of renowned financial institutions such as Icatu Bank and Pactual Bank and, more recently, as legal manager of The Bank of New York Mellon in Brazil, a position he held for 7 (seven) years, and participated actively in structuring of various funds, clubs and investment portfolios, including privatization clubs, portfolios of non-resident investors and operations to pension funds, insurance companies and pension schemes in the Union, States and Municipalities.