# Giant Steps Capital

Giant Steps Capital is an Asset Manager based in São Paulo, Brazil.

## Overview

- **Organization type:** Asset Manager
- **Headquarters:** São Paulo, Brazil
- **Region:** Europe
- **Address:** São Paulo, SP, Brazil
- **Founded:** 2012
- **Assets under management:** Undisclosed
- **Website:** giantscap.com
- **LinkedIn:** https://www.linkedin.com/company/gscap

## Regulatory record

- **Reports private funds:** No

## About

Giant Steps Capital is a quantitative fund management company founded in 2012 in Sao Paulo, Brazil. It specializes in multi-strategy funds and pension fund management. The company serves individual and institutional investors, using artificial intelligence and financial data analysis.

## Sectors

- AI/ML
- Quantitative Strategies

## Offices

- New York, NY, United States
- San Francisco, CA, United States

## People

- Flavio Terni — Founding Partner
- Marco Terni — Founding Partner and CEO
- Rafael Francio — Chief Financial Officer
- Otavio Furlan — Chief Technology Officer

## Questions

### Who runs investment decisions at Giant Steps Capital?

No single portfolio manager makes discretionary calls. Founding partners Flavio Terni and Marco Terni oversee a systematic, model-driven process where deep learning and reinforcement learning algorithms determine trade execution. The research and engineering teams, led by CTO Otavio Furlan, build and maintain the infrastructure that generates signals and manages risk.

### How does Giant Steps Capital source its quantitative talent?

The firm recruits from top-tier Brazilian and international universities, prioritizing backgrounds in computer science, applied mathematics, and machine learning over traditional finance. With offices in New York and San Francisco alongside São Paulo, it accesses both the US technology labor market and Brazil's strong engineering pipeline.

### What markets and asset classes does Giant Steps trade?

The firm trades liquid futures and equities across global exchanges. Asset classes include equity index futures, fixed-income futures, currencies and commodities, with execution spanning markets in the Americas, Europe and Asia. The fully systematic approach does not extend to illiquid private markets.

### Does Giant Steps offer fundamental or discretionary strategies?

No. All strategies are fully systematic, driven by machine-learning models with no fundamental analyst teams or discretionary macro overlay. The firm's public materials consistently frame its product set as pure quantitative, distinguishing it from the fundamental long-biased and macro managers that dominate Brazil's asset management industry.

## Related profiles

- [Mirova Environment & Infrastructure](https://altss.com/profile/mirova-environment-and-infrastructure)

---

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

Canonical page: https://altss.com/profile/giant-steps-capital

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