Daniel Vorcaro Explained

Daniel Vorcaro
Alma Mater:Instituto Brasileiro de Mercado de Capitais (IBMEC)
Occupation:Businessperson and investment banker
Known For:CEO of Banco Master

Daniel Bueno Vorcaro is a Brazilian investment banker and businessman born in Belo Horizonte.[1] He is known for investments in companies in Brazil, particularly in the healthcare, retail, and technology sectors and involvement in Brazilian football.[2] [3]

Early life and education

Danile Vorcaro was born in Belo Horizonte in Brazil. He obtained a MBA from the Brazilian Institute of Capital Markets (IBMEC) in 2007.

Career

Banco Master

Daniel Vorcaro assumed the presidency of Banco Master in 2018. Under his leadership, the bank changed its name from Banco Máxima to Banco Master and expanded its operations to include an investment brokerage. Additionally, he founded Banco Master of Investment and holds a stake in Kovr Seguradora.[4]

Investments in Biomm

Vorcaro is the largest shareholder of Biomm, a pharmaceutical company from Minas Gerais that saw its shares rise 67% on the stock exchange after announcing an agreement to bring a similar to the medication Ozempic to Brazil starting in 2026. Additionally, Vorcaro will have a seat on Biomm's board and has nominated Pedro Mesquita, former head of XP's investment bank, to join the board.[5]

Restructuring of Veste S.A. Estilo

In 2022, Vorcaro acquired a stake in Restoque, now renamed Veste S.A. Estilo. Through WNT Capital, he supported the conversion of R$ 1.6 billion of debt into equity and approved a capital increase of R$ 100 million to finance store renovations.[6] [7]

Other interests

In 2023, Vorcaro became an investor in Brazilian football club Atlético-MG, with an initial investment of R$ 100 million in the club's Football Anonymous Society (SAF). [8] In 2024, he increased his investment to R$ 200 million, raising his stake to 20.2% of the shares. [9] Consequently, he joined the club's football committee.

Notes and References

  1. Web site: 2021-12-23 . No Master, um 'outsider' começa a fazer barulho . 2024-07-03 . Brazil Journal . pt-br.
  2. Web site: 2024-05-01 . Investidor do Atlético, Daniel Vorcaro se torna conselheiro grande-benemérito . 2024-07-03 . Rádio Itatiaia . pt-BR.
  3. Web site: Saiba quem é o banqueiro que será investidor da SAF do Galo, além dos 4Rs . 2024-07-03 . www.otempo.com.br . pt-BR.
  4. Web site: 2021-07-29 . Banco Máxima revê foco e passa a se chamar Master . 2024-07-31 . Valor Investe . pt-br.
  5. Web site: 2024-04-21 . Banqueiro acionista da Biomm terá assento no conselho da farmacêutica . 2024-07-03 . pipelinevalor . pt-br.
  6. Web site: Vitória . Folha . 2022-12-19 . Restoque aumenta capital com aporte de R$ 100 mi e muda o nome para Veste . 2024-07-03 . Folha Vitória . pt-br.
  7. Web site: 2022-12-14 . Restoque aumenta capital, muda de nome e agrupa ações para crescer mais rápido . 2024-07-03 . Brazil Journal . pt-br.
  8. Web site: 2023-07-24 . SAF do Atlético-MG: fundo que aportará R$ 100 milhões será formado pelo Banco Master; veja detalhes . 2024-07-03 . ge . pt-br.
  9. Web site: 2024-03-11 . SAF do Atlético-MG ainda aguarda R$ 200 milhões do Fundo Galo Forte cair na conta; entenda . 2024-07-31 . ge . pt-br.