# Fundiagua

Fundiagua is a Pension Fund based in Brasilia, Brazil.

## Overview

- **Organization type:** Pension Fund
- **Headquarters:** Brasilia, Brazil
- **Region:** South America
- **Address:** SCN, Quadra 04, Bloco B - Centro Empresarial Varig 1004, Brasilia, DF, Brazil
- **Founded:** 1993
- **Assets under management:** 260 (Altss estimate)
- **Website:** fundiagua.com.br
- **LinkedIn:** https://br.linkedin.com/company/fundiaguadf

## Regulatory record

- **Reports private funds:** No

## About

Fundiagua was established in 1993 as a complementary pension foundation sponsored by the Distrito Federal utilities CAESB and CEB. It operates three plans covering active employees, retirees and pensioners, with assets placed primarily in exclusive fixed-income funds and a modest allocation to private equity and commercial real estate. The portfolio includes 100 percent ownership of the Forte FIF RF and Futuro FIF RF fixed-income vehicles, a 16.96 percent co-ownership stake in a commercial property alongside Cibrius and Previsc, and limited-partner positions in FIP Brasil Equity Properties and FIP Biotec. Geographic exposure remains concentrated in Brazil, with holdings in Brasilia, Belo Horizonte and select energy and consumer-service credits. The fund maintains a staff of 50 and participates in ABRAPP, the national association of closed pension entities. It attended the Congresso Nacional de Previdência Complementar Fechada in October 2024 and the 13º Seminário Gestão de Investimentos nas EFPC in June 2024.

## Sectors

- Private Equity
- Real Estate

## People

- Roberta Zanatta — President
- Rodrigo Araújo — Director of Finance

## Questions

### Who runs investment decisions at Fundiagua?

Roberta Zanatta serves as President of the Executive Board. Rodrigo Araújo holds the Director of Finance role and oversees investment management and financial reporting.

### What asset classes does Fundiagua allocate to?

The fund maintains the bulk of assets in exclusive fixed-income funds. It also holds positions in private equity vehicles, commercial real estate and participant loans.

### Does Fundiagua invest through funds or direct holdings?

Fundiagua uses exclusive fixed-income funds and limited-partner commitments to vehicles such as FIP Brasil Equity Properties and FIP Biotec. It also maintains direct ownership of certain commercial properties.

### Which sponsors established Fundiagua?

CAESB and CEB serve as the primary and secondary sponsors. The fund was created to provide pension and health benefits to their employees and retirees.

### What governance or industry affiliations does Fundiagua maintain?

Fundiagua belongs to ABRAPP and received the Selo de Engajamento Abrapp. It retains Moore Auditores Independentes as auditor and BTG Pactual as custodian.

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- [Cambria County Employees' Retirement System](https://altss.com/profile/cambria-county-employees-retirement-system)
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Last updated: 2026-06-03T20:00:00.000Z

Canonical page: https://altss.com/profile/fundiagua

Maintained by Altss — https://altss.com — methodology: https://altss.com/methodology