Angle brackets must be escaped according to XML rules. It should be.
<?xml version="1.0" encoding="utf-8"?>
<AutoVisualizer xmlns="http://schemas.microsoft.com/vstudio/debugger/natvis/2010">
<Type Name="CDIBPtr">
<DisplayString>(CRefCountRep<CDIB>*)m_rep</DisplayString>
</Type>
</AutoVisualizer>