Pension Fund

Updated:

FPMA

FPMA was established to administer retirement benefits for municipal employees in Araucaria. Liane Judite Muraro and Hector Paulo Burnagui lead investment...

FPMA

FPMA was established to administer retirement benefits for municipal employees in Araucaria. Liane Judite Muraro and Hector Paulo Burnagui lead investment oversight through the fund's committee structure. The portfolio consists almost entirely of fixed income holdings. Confirmed positions include allocations to BB Previdenciário RF IRF-M1 Títulos Públicos and Caixa Brasil IRF-M 1 Títulos Públicos. Additional exposure sits in inflation-linked instruments and short-term liquidity funds. All activity remains domestic to Brazil with no disclosed international commitments or private equity programs beyond a 7 percent target allocation. The fund maintains a headquarters building and land holdings in Araucária. It belongs to ABIPEM, APEPREV and ANEPREM. No recent operational events from the last 24 months appear in available records. Governance ties directly to the municipal government through the Mayor of Araucária as legal representative. Investment decisions route through the named committee members without external managers disclosed.

General information

Firm type

Pension Fund

Location

Region

Latin America

Country

Brazil

City

Araucaria

Corporate office

R. São Vicente de Paulo 131-Centro, Araucaria, PR, Brazil

Principals

Liane Judite Muraro

Investment Manager and President of the Investment Committee

Hector Paulo Burnagui

President of the Administrative Council and Member of the Investment Committee

José Afonso Strozzi

Member of the Investment Committee

Samuel Cracco

Member of the Investment Committee

Sector focus

Fixed IncomeGovernment Bonds

Frequently asked questions

Who runs investment decisions at FPMA?

Liane Judite Muraro acts as Investment Manager and chairs the Investment Committee. Hector Paulo Burnagui serves as President of the Administrative Council and sits on the same committee.

What asset classes does FPMA hold?

The fund allocates to fixed income instruments including government bonds and liquidity funds. A 7 percent allocation to private equity appears in allocation records.

Where does FPMA invest geographically?

All disclosed holdings remain in Brazil through federal public bonds and domestic funds managed by Banco do Brasil and Caixa Econômica Federal.

Does FPMA participate in direct deals or fund commitments?

No direct deals or external fund commitments are recorded. Exposure occurs through listed fixed income vehicles and a small private equity slice.

Which industry associations does FPMA belong to?

FPMA holds memberships in ABIPEM, APEPREV and ANEPREM, all Brazilian associations for state and municipal pension entities.

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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