Global private equity firm General Atlantic has agreed to purchase a ten percent stake in Brazil-based brokerage firm XP Investimentos from pan-emerging markets private equity firm Actis for BRL300 million (approximately US$86 million). General Atlantic will also acquire additional shares in a primary offering for BRL150 million (approximately US$43 million), bringing its ownership in the company to 49 percent once both deals are complete. XP Investimentos is planning to expand its business by catering to higher net-worth investors and growing its presence in the United States.