# Funssest

Funssest is a Pension Fund based in Serra, Brazil.

## Overview

- **Organization type:** Pension Fund
- **Headquarters:** Serra, Brazil
- **Region:** South America
- **Address:** Av. Brigadeiro Eduardo Gomes, 526 – Bairro Polo Industrial Tubarão, Serra, ES, Brazil
- **Founded:** 1988
- **Assets under management:** 677 (Altss estimate)
- **Website:** funssest.com.br
- **LinkedIn:** https://www.linkedin.com/company/funssest

## Regulatory record

- **Reports private funds:** No

## About

Funssest was established in 1988 to administer retirement and health benefits for workers at ArcelorMittal Brasil and related companies. Paulo Henrique Wanick Mattos serves as Director President while also holding the corporate finance vice presidency at the sponsor. The fund remains a closed entity limited to those sponsor employees. The portfolio mixes private equity, infrastructure and real estate exposure. Allocations include limited partnership interests in Kinea Private Equity IV, BTG Pactual Infraestrutura II, Patria Special Opportunities I and Hamilton Lane Global Private Equity. Direct holdings encompass the SIM Vitória clinical center in Espírito Santo and stakes in shopping centers through FIP BVEP Plaza. Timberland exposure comes via Lacan Florestal III. All assets sit inside Brazil. The fund maintains a headquarters inside the ArcelorMittal Tubarão industrial complex and employs no disclosed headcount figure. It belongs to Abrapp and Unidas industry associations. In October 2024 Funssest attended the 45º Congresso Brasileiro de Previdência Privada in São Paulo; it had attended the prior year’s edition as well. Service providers include Deloitte as auditor and Willis Towers Watson for actuarial work. Governance ties the investment mandate tightly to the sponsor’s balance sheet through shared executives and a closed participant base. This structure channels capital exclusively toward Brazilian private-market opportunities without external fundraising or open membership.

## Sectors

- Private Equity
- Infrastructure
- Real Estate

## People

- Paulo Henrique Wanick Mattos — Director President
- Alexandre Augusto Silva Barcelos — Finance Director
- Alessandra Cristina De Oliveira Costa — Executive Director

## Questions

### Who runs investment decisions at Funssest?

Paulo Henrique Wanick Mattos serves as Director President. Alexandre Augusto Silva Barcelos acts as Finance Director. Alessandra Cristina De Oliveira Costa was appointed Executive Director in 2024.

### How is Funssest related to ArcelorMittal Brasil?

ArcelorMittal Brasil is the primary sponsor and founder of the participating affiliates. Several Funssest executives hold concurrent corporate finance roles at the sponsor.

### Does Funssest participate in fund commitments or only direct deals?

The fund acts as a limited partner in multiple Brazilian and global private equity and infrastructure vehicles. It also holds direct real estate and timberland assets.

### Which asset classes receive the largest allocations?

Private equity, infrastructure and real estate constitute the disclosed private-market exposure. Public equity and fixed income positions appear through Brazilian fund vehicles.

### What geographic focus governs Funssest investments?

All named holdings and developments are located in Brazil, with concentrations in São Paulo and Espírito Santo states.

### Does Funssest maintain membership in industry groups?

The fund belongs to Abrapp and participates in its annual congresses. It also holds membership in Unidas for health plan management.

## Related profiles

- [Synergy Asset Management](https://altss.com/profile/synergy-asset-management)
- [Orkney Islands Council Pension Fund](https://altss.com/profile/orkney-islands-council-pension-fund)

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Last updated: 2026-06-03T20:00:00.000Z

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

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