Asset ManagerRIA · CRD 307955Exempt Reporting AdviserPrivate Fund Adviser

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BC Gestão de Recursos

Brasil Capital is an investment firm founded in 2008 focused on Brazilian listed equities. Its investment philosophy is based on superior quality business...

BC Gestão de Recursos

Brasil Capital is an investment firm founded in 2008 focused on Brazilian listed equities. Its investment philosophy is based on superior quality business models with competent, honest, and aligned managements, as well as attractive valuations. The firm runs a single investment strategy and describes itself as a true partnership.

General information

Firm type

Asset Manager

Year founded

2008

Location

Region

Latin America

Country

Brazil

City

Sao Paulo

Corporate office

São Paulo, SP, Brazil

Principals

Ary Zanetta — Founder Partner and portfolio manager

Henrique Wu

CFA — Partner and member of the investment team

Guilherme Faure — Intern and member of the investment team

Valentin Hollard — Partner and member of the investment team

Juliana Klarnet — Senior partner and responsible for business development in Brazil

Isabella Nozza

CFA — Partner and responsible for investor relations

Felipe Graner — Senior partner

responsible for risk, compliance and operations

Jefferson Nunes — Partner and operations analyst

Carla Libano — Operations analyst

Roberto Santos — Financial coordinator

Sector focus

Brazilian listed equities / Brazilian companies

Frequently asked questions

What is BC Gestão de Recursos' regulatory status in Brazil?

BC Gestão de Recursos LTDA. is registered with the Comissão de Valores Mobiliários (CVM) as a securities portfolio manager. The firm operates under CVM Instrução 555, which authorizes it to structure and manage local investment funds across multiple asset classes. This registration is mandatory and publicly verifiable through the CVM's database.

Does BC Gestão de Recursos manage money for international investors?

Based on its CVM registration profile and local fund structure, BC Gestão is primarily focused on domestic Brazilian investors. Its funds are constituted locally and marketed through Brazilian distribution channels. There is no public record of offshore feeder vehicles, a U.S. or Cayman presence, or SEC registration, which limits accessibility for non-Brazilian allocators.

How does BC Gestão de Recursos compare to bank-owned Brazilian asset managers?

As an independent firm, BC Gestão does not carry the legacy balance-sheet constraints of managers owned by Itaú, Bradesco, or BTG Pactual. Independence allows for a nimble portfolio construction process but also means the firm lacks an embedded retail-distribution network. For institutional allocators, this can translate to a manager whose investment process is less influenced by parent-bank risk appetite or cross-selling mandates.

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