Multi-Family Office

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Etrnty

Etrnty is a Sao Paulo multi-family office managing an estimated $97 million across early-stage and private-market strategies.

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Etrnty

Etrnty was established as a multi-family office in Sao Paulo by Geraldo Lamounier. The firm supplies investment management and advisory services to Brazilian families that require both local and cross-border structures. Its client base spans first-generation wealth holders, recent accumulators and next-generation principals. Allocation spans early-stage direct co-investments, private equity, private credit, real estate, hedge funds, insurance-linked securities and carbon assets. The firm also maintains exposure to collectibles and philanthropic vehicles. Geographic reach covers South America, North America, Europe, Asia, the Middle East and Africa. No named portfolio holdings appear in public materials. Team size and headcount remain undisclosed. Etrnty Capital Gestora de Recursos operates from the same Sao Paulo address. XP Inc. took a 20 percent stake in Etrnty Holding S.A. in January 2022. The firm belongs to ANBIMA. Etrnty structures its mandate around a single-family-office-style independence despite serving multiple clients. This separation is reinforced by the minority stake held by XP Inc., which supplies distribution reach without altering day-to-day investment authority.

General information

Firm type

Multi Family Office

Year founded

AUM

97 (Altss estimate)

Location

Region

South America

Country

Brazil

City

Sao Paulo

Corporate office

Sao Paulo-SP, Brazil

Principals

Geraldo Lamounier

Co-founder and Partner

Cláudio Silva Fernandes

Responsible Director at Etrnty Capital Gestora de Recursos

Gustavo Henrique Fonseca de Oliveira

Director of Asset Management

Sector focus

ClimateTechDigital HealthEnergy Transition & RenewablesIndustrial TechLuxuryMedia & EntertainmentMobility & TransportationHealthcare Services

Frequently asked questions

Who runs investment decisions at Etrnty?

Geraldo Lamounier serves as co-founder and partner. Cláudio Silva Fernandes acts as responsible director at the asset-management subsidiary. Gustavo Henrique Fonseca de Oliveira directs asset management.

Does Etrnty participate in fund commitments or only direct deals?

The firm executes direct co-investments and SPVs alongside fund commitments in hedge funds and private equity.

What investment stages does Etrnty typically target?

Confirmed activity centers on early-stage opportunities.

Where does Etrnty invest geographically?

Portfolios cover South America, North America, Europe, Asia, the Middle East and Africa.

How is Etrnty related to XP Inc.?

XP Inc. acquired a 20 percent minority stake in Etrnty Holding S.A. in January 2022.

What sectors does Etrnty emphasize?

Sector exposure includes ClimateTech, Digital Health, Energy Transition & Renewables, Industrial Tech, Luxury, Media & Entertainment, Mobility & Transportation and Healthcare Services.

Is Etrnty a member of any industry associations?

Etrnty belongs to ANBIMA, the Brazilian Financial and Capital Markets Association.

Profile maintained by using OSINT (open-source intelligence), regulatory filings, licensed data partners, and verified direct submissions. Read the methodology. Last updated: . Continuous refresh with full update cycles at least every 30 days.

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