# BB Previdencia

BB Previdencia is a Pension Fund based in Brasilia, Brazil.

## Overview

- **Organization type:** Pension Fund
- **Headquarters:** Brasilia, Brazil
- **Region:** South America
- **Address:** SAUN Quadra 5, Bloco B, Ed. Banco do Brasil (Torre Central) - 2º Andar - Asa Norte, Brasilia, Distrito Federal, Brazil
- **Founded:** 1994
- **Assets under management:** 2B (Altss estimate)
- **Website:** www.bbprevidencia.com.br
- **LinkedIn:** https://www.linkedin.com/company/bbprevidencia/?originalSubdomain=br

## Regulatory record

- **Reports private funds:** No

## About

BB Previdencia was established in 1994 to serve as the supplementary pension vehicle for Banco do Brasil employees and certain sponsor companies. It operates as a non-profit foundation under Brazilian pension regulations and reports directly to the conglomerate. Approximately 90 percent of assets sit in fixed-income holdings that include IPCA-linked NTN-B bonds, CDI-linked instruments, and Selic-linked government securities. The balance is deployed through a mixed-use real-estate portfolio in Brazil and limited-partner positions in vehicles such as Patria Private Equity VI, Kinea Private Equity II, FIP Brasil de Internacionalização de Empresas, and FIP Óleo e Gás. Public-equity holdings appear on B3 through mandates that include Raia Drogasil, JBS, and CPFL Energia. The firm employs roughly 100 professionals and maintains its headquarters in Brasilia. In December 2024 it marked its 30th anniversary with an event focused on asset growth and digital initiatives. It also runs the Pense Futuro financial-education program for participants. Governance ties to Banco do Brasil remain the central structural feature: the sponsor appoints leadership and the custodian relationship has existed since founding.

## Sectors

- Real Estate
- Private Equity
- Fixed Income

## People

- Sandro Grando — Director-President
- Ricardo Serone — Director of Finance and Investments

## Questions

### Who runs investment decisions at BB Previdencia?

Director-President Sandro Grando oversees the entity. Ricardo Serone serves as Director of Finance and Investments.

### What asset classes does BB Previdencia hold?

The portfolio is dominated by Brazilian fixed-income securities. It also maintains a direct real-estate book and limited-partner stakes in private-equity funds.

### How is BB Previdencia related to Banco do Brasil?

It functions as the closed supplementary pension entity for the Banco do Brasil conglomerate and its sponsored plans.

### Does BB Previdencia participate in private-equity commitments?

Yes. Confirmed holdings include Patria Private Equity VI, Kinea Private Equity II, and FIP Óleo e Gás.

### What recent operational event has BB Previdencia disclosed?

In December 2024 the fund marked its 30th anniversary with an event covering asset growth and digital transformation.

## Related profiles

- [B1 Capital Partners](https://altss.com/profile/b1-capital-partners-brescia-cafferata-family-office)
- [Boothbay Fund Management](https://altss.com/profile/boothbay-fund-management)

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

Canonical page: https://altss.com/profile/bb-previdencia

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