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]

Daniel Vorcaro
Daniel Bueno Vorcaro
Born
Alma materInstituto Brasileiro de Mercado de Capitais (IBMEC)
Occupation(s)Businessperson and investment banker
Known forCEO of Banco Master

Early life and education

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

Career

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Banco Master

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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

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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

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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

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In 2023, Vorcaro became an investor in Brazilian football club Atlético-MG, [3] 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. [2]

References

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