Multi-Family Office

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Conceito Investimentos & Consultoria

Conceito Investimentos & Consultoria launched in 2014 as a São Paulo-based multi-family office serving Brazilian entrepreneurial families.

Conceito Investimentos & Consultoria

Conceito Investimentos & Consultoria launched in 2014 as a São Paulo-based multi-family office serving Brazilian entrepreneurial families. Founder Domingos Pereira Coutinho positioned the firm to integrate investment management, estate planning, and corporate advisory — a bundled model designed for households that need asset preservation and governance infrastructure without the biases of a single bank or manager. The firm operates alongside Gow Capital, a partner entity sharing the same leadership team and address. Conceito constructs portfolios spanning hedge funds, private credit, and private equity, with a confirmed focus on distressed and turnaround situations. The firm pursues direct co-investment structures and fund commitments — its Navigator Fund series targets opportunities across Brazil and Portugal, while the JLP Navigator II Vault adds a dedicated vehicle layer for select strategies. A real-asset footprint includes Alecrim Nómada, a mixed-use property in Marvila, Lisbon, extending the firm's geographic reach beyond South America into European tangible assets. The leadership group extends into Gow Capital, where founding partner and CIO João Cesar Tourinho also holds a board seat at Cyrela Brazil Realty. Alvaro Lopes, a Gow Capital partner, previously served as CFO of GP Investments and as president of ABVCAP, the Brazilian private equity and venture capital association. Celso Scaramuzza, another Gow partner, was executive director at Itaú Private Bank and vice-president at Anbima, the Brazilian capital markets association. These institutional ties anchor the firm's manager-sourcing and due-diligence process. Conceito's dual-firm architecture — a multi-family office on one side and the Gow Capital partnership on the other — creates a sourcing funnel unusual among Brazilian family offices. The Navigator Fund structures, combined with direct advisory mandates, allow the firm to move capital into opportunities that range from distressed Brazilian corporate debt to Portuguese real estate, without the portfolio-construction constraints of a single-strategy manager. Industry-association leadership across ABVCAP and Anbima further distinguishes its access to pre-committed deal flow.

General information

Firm type

Multi Family Office

Year founded

2014

AUM

Undisclosed

Location

Region

South America

Country

Brazil

City

São Paulo

Corporate office

São Paulo, Brazil

Principals

Domingos Pereira Coutinho

Founder

João Cesar Tourinho

Founding Partner and CIO, Gow Capital

Alvaro Lopes

Partner, Gow Capital

Celso Scaramuzza

Partner, Gow Capital

Sector focus

Distressed & TurnaroundReal EstateHedge FundsPrivate CreditPrivate Equity

Frequently asked questions

Who runs investment decisions at Conceito?

Day-to-day investment oversight flows through Domingos Pereira Coutinho as founder of Conceito and through the Gow Capital partnership. João Cesar Tourinho serves as founding partner and CIO at Gow Capital, with Alvaro Lopes and Celso Scaramuzza rounding out the senior investment team. Tourinho's board role at Cyrela Brazil Realty and Scaramuzza's former executive director position at Itaú Private Bank bring real-asset and private-banking perspective into manager selection.

What is the relationship between Conceito and Gow Capital?

Conceito Investimentos & Consultoria and Gow Capital operate as affiliated entities sharing the same São Paulo address and leadership. Conceito functions as the multi-family office delivering investment management, estate planning and corporate advisory. Gow Capital provides the investment advisory engine, with the same principals appearing across both firms. The Navigator Fund structures sit under this shared umbrella.

Which geographies does Conceito invest in?

The firm concentrates on Brazil as its primary market while maintaining an active allocation to Portugal. Alecrim Nómada, a mixed-use real estate asset in Marvila, Lisbon, confirms direct European exposure. The Navigator Fund series is structured to span Brazil and Portugal, suggesting a corridor strategy that leverages regulatory and cultural ties between the two countries.

Does Conceito participate in fund commitments or only direct deals?

Conceito deploys capital through both fund commitments and direct investments. Its allocation across hedge funds and private credit indicates external manager mandates, while the JLP Navigator II Vault and Navigator Fund vehicles provide pooled structures for co-investments. The distressed and turnaround focus suggests the firm selects specialized external funds alongside direct special-situations positioning.

How does Conceito source proprietary deal flow?

Conceito draws on institutional networks embedded in Brazil's capital markets: Celso Scaramuzza's vice-presidency at Anbima and Alvaro Lopes's presidency at ABVCAP provide direct lines into asset managers and private equity general partners. The Gow Capital partnership adds a sourcing layer through board-level relationships at Cyrela Brazil Realty and the legacy of GP Investments' CFO track record.

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