Itaú Asset Management, one of Brazil's largest asset managers, and KKR, a leading global investment firm, have announced an exclusive strategic partnership aimed at expanding private market investment opportunities in Brazil. This collaboration positions KKR as Itaú's preferred partner for global alternative asset management, while Itaú becomes KKR's preferred partner in Brazil. The partnership will focus on developing co-branded investment products for the Brazilian market, leveraging combined expertise to enhance their competitiveness in alternative investments. The firms plan to market KKR's offerings and develop educational materials for investors, aiming to internationalize Brazilian portfolios, which have traditionally been domestically focused. This move seeks to broaden access to alternative investment solutions and capture growth in Latin America's largest market.