# ACEPREV

ACEPREV is a Pension Fund based in Belo Horizonte, Brazil.

## Overview

- **Organization type:** Pension Fund
- **Headquarters:** Belo Horizonte, Brazil
- **Region:** South America
- **Address:** Av. Assis Chateaubriand, 264, Belo Horizonte, MG, Brazil
- **Founded:** 1995
- **Assets under management:** 332 (Altss estimate)
- **Website:** aceprev.com.br
- **LinkedIn:** https://br.linkedin.com/company/aceprev

## Regulatory record

- **Reports private funds:** No

## About

ACEPREV was established in April 1995 by Acesita S.A. as a non-profit closed complementary pension entity. It manages plans that supplement Brazil's general social security regime. The main sponsor remains Aperam South America, with additional plan sponsorship from Aperam BioEnergia. The fund allocates to private equity, infrastructure, real estate, and natural resources. Confirmed positions include commitments to Lightrock Latam Fund I Brasil FIP, Patria Infra IV Feeder-B, Spectra V Institucional FIP, Signal Capital Fundo de Fundos II, and Kinea Private Equity IV. It also holds interests in FII CENESP, a São Paulo commercial real estate fund, and Lacan Florestal III, a timberland vehicle. Geographic exposure centers on Brazil with additional Latin American reach through the private equity funds. ACEPREV reports 3.92 percent of assets in private equity. It maintains membership in Abrapp and the GRI Institute. The firm attended the Congresso Brasileiro de Previdência Privada in São Paulo in October 2024. Service providers include Deloitte Touche Tohmatsu as external auditor and BB Asset Management for investment administration. ACEPREV operates as a sponsor-backed pension entity with governance tied to Aperam South America. Investment decisions flow through a deliberative council and executive directors rather than a single family principal. This structure separates plan administration from the sponsor's operating businesses while retaining direct oversight of benefit obligations.

## Sectors

- Private Equity
- Infrastructure
- Real Estate
- Natural Resources

## People

- Denner Glaudson de Freitas — CEO and DPO
- Thiago de Resende Andrade — CFO and AETQ
- Richard André Perdigão — President of the Deliberative Council

## Questions

### Who runs investment decisions at ACEPREV?

Denner Glaudson de Freitas serves as CEO and DPO. Thiago de Resende Andrade acts as CFO and AETQ. Richard André Perdigão chairs the Deliberative Council.

### Does ACEPREV participate in fund commitments or only direct deals?

ACEPREV invests primarily through limited partner commitments in private equity and infrastructure funds. Positions include Lightrock Latam Fund I Brasil FIP and Kinea Private Equity IV.

### What asset classes does ACEPREV target?

The fund allocates to private equity, infrastructure, real estate, and timberland. It maintains a 3.92 percent allocation to private equity vehicles.

### How is ACEPREV related to Aperam South America?

Aperam South America serves as the main sponsor. The relationship dates to the fund's founding in 1995 when the sponsor operated as Acesita S.A.

### What investment stages does ACEPREV typically target?

ACEPREV targets growth equity and infrastructure through fund commitments. It also holds timber and commercial real estate assets.

### Does ACEPREV maintain membership in industry associations?

ACEPREV is a long-standing member of Abrapp and holds the Selo de Engajamento. It also belongs to the GRI Institute real estate and infrastructure network.

## Related profiles

- [Archinvest](https://altss.com/profile/archinvest)
- [Airconditioning and Refrigeration Industry Retirement Trust Fund](https://altss.com/profile/airconditioning-and-refrigeration-industry-retirement-trust-fund)

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Last updated: 2026-06-03T20:00:00.000Z

Canonical page: https://altss.com/profile/aceprev

Maintained by Altss — https://altss.com — methodology: https://altss.com/methodology