General Atlantic Portfolio Company XP Completes IPO

Paul, Weiss advised General Atlantic as selling shareholder in portfolio company XP Inc.'s initial public offering of 83,387,237 of its Class A common shares, including the underwriters' over-allotment option, at a public offering price of $27.00 per share. XP is a leading technology-driven financial services platform and a trusted provider of low-fee financial products and services in Brazil.

The Paul, Weiss team included, among others, corporate partners Matt Abbott, Christopher Cummings and Amran Hussein; and tax partner Patrick Karsnitz.