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Fundação Libertas
Fundação Libertas was founded in 1977 to serve participants linked to Copasa, Prodemge, MGS and Codemge. Primary sponsors remain these Minas Gerais state...
Fundação Libertas
Fundação Libertas was founded in 1977 to serve participants linked to Copasa, Prodemge, MGS and Codemge. Primary sponsors remain these Minas Gerais state entities. The fund offers pension and health benefits to thousands of members. Capital is allocated to Brazilian listed equities through internal vehicles such as Libertas FIA and external mandates with HIX Capital and Vokin. Real estate exposure includes Vinci FI RF Imobiliario credit funds and direct property holdings in Minas Gerais. Private equity commitments cover Lacan Florestal III forestry FIP, Signal Capital Fundo de Fundos II, Kinea Private Equity II, Oria Tech I and BTG Pactual II Infraestrutura. Geographic focus stays within Brazil. The fund maintains a headquarters at Avenida Álvares Cabral 200 in Belo Horizonte. It employs external providers including Aditus Consultoria Financeira for investment advice and Itaú Unibanco for custody. In 2025 the fund participated as speaker at the 4º Seminário de Investimentos, Riscos e Compliance in Belo Horizonte and the 46º Congresso Brasileiro de Previdência Privada in São Paulo. Fundação Libertas operates under ABRAPP governance self-regulation and is a PRI signatory. Its structure ties directly to sponsoring state companies that appoint board members and define participant eligibility, creating a closed mandate distinct from open multi-employer plans.
General information
Firm type
Pension Fund
Year founded
1977
Location
Region
South America
Country
Brazil
City
Belo Horizonte
Corporate office
Av Alvares Cabral 200 8º Andar, Belo Horizonte, Minas Gerais, Brazil
Principals
Juliana Koehler
Chief Investment & Controllership Officer
Sector focus
Frequently asked questions
Who runs investment decisions at Fundação Libertas?
Juliana Koehler serves as Chief Investment & Controllership Officer. The board includes directors elected by participants and appointees from sponsoring entities.
Does Fundação Libertas participate in fund commitments or only direct deals?
The fund holds both fund commitments and direct equity positions. Examples include limited partner interests in Lacan Florestal III and BTG Pactual II alongside a 15.5 percent stake in GS Inima Industrial Jeceaba.
What asset classes does Fundação Libertas target?
Allocations include Brazilian equities, infrastructure private equity, real estate credit, forestry funds and fixed income. Currency preference is BRL.
How is Fundação Libertas related to its sponsoring companies?
Copasa, Prodemge, MGS and Codemge act as primary sponsors. They established the closed plan and retain governance roles through board representation.
Which industry associations does Fundação Libertas belong to?
The fund is a member of ABRAPP with the Governance Self-Regulation Seal, a PRI signatory and participates in ANBIMA discussions.
What is Fundação Libertas known posture on ESG?
The fund integrates ESG factors through its PRI commitment and has presented on ESG topics at industry seminars in 2025.
Where does Fundação Libertas source its investment opportunities?
Opportunities arise through Brazilian asset managers and direct negotiations within Minas Gerais. External advisors such as Aditus Consultoria Financeira support due diligence.
Profile maintained by Altss 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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