DLM Invista

DLM Invista, now operating as Inter Asset Gestão de Recursos Ltda., is a Brazilian asset management firm with a well-defined history of strategic growth. Founded in 2003 in Belo Horizonte, the company was originally named DLM Invista, derived from the initials of its founders: brothers Daniel Castro Domingos da Silva and Marcelo Domingos, along with their friend Luiz Iana. Marcelo Domingos, who serves as CEO, holds a degree in Economics from PUC-MG, an MBA in Finance from IBMEC-MG, and a Master's in Business Administration, providing a strong academic foundation for his leadership in the financial markets.

The firm established itself by focusing on wealth management, managing funds and portfolios for high-net-worth clients, and offering investment and private pension funds through major market platforms. A significant milestone occurred in November 2019, when Banco Inter acquired a 70% controlling stake in the company for R$49 million, a move authorized by Brazil's Central Bank in January 2020. This acquisition led to the firm's rebranding to Inter Asset in September 2020, integrating it into Banco Inter's broader financial services platform and expanding its product offerings. The founding partners retained a 30% stake and their executive roles, ensuring continuity in management and investment strategy.

Inter Asset's business model is centered on the administration of funds by contract or commission, specializing in fixed-income and private credit funds. The company serves a diverse client base that includes institutional investors, family offices, and private banking clients. Its investment process is described as disciplined and collegial, with decisions made by an investment committee and supported by a dedicated risk management team that monitors exposure limits and conducts stress tests. As of December 2023, the firm managed R$9.3 billion in assets, with a portfolio diversified across fixed income, multimarket, stocks, and pension funds.

Keywords: asset management, wealth management, fixed income, private credit, fund management, Brazilian market, institutional investors, portfolio management, financial services, investment strategy