Sao Paulo, July 31, 2013 -- Moody's América Latina has affirmed the MQ3 Investment Manager Quality assessment of Leblon Equities Gestão de Recursos Ltda. (Leblon Equities). The MQ3 assessment reflects Moody's view of the asset manager's investment management quality and control environment as solid. Leblon Equities is an independent asset manager focused on Brazilian equities, both listed and privately-held. As of May 2013, Leblon Equities' assets under management (AUM) stood at BRL665.6 million (USD315.0 million).

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