# ILHABELAPREV

ILHABELAPREV is a Pension Fund based in Ilhabela, Brazil.

## Overview

- **Organization type:** Pension Fund
- **Headquarters:** Ilhabela, Brazil
- **Region:** South America
- **Address:** Rua Joaquim Sampaio de Oliveira, 55, Perequê, Ilhabela, SP, 11633-008, Brazil
- **Founded:** 2005
- **Assets under management:** $50M–$150M (Altss estimate)
- **Website:** ilhabelaprev.sp.gov.br
- **LinkedIn:** https://www.linkedin.com/company/ilhabelaprev

## Regulatory record

- **Reports private funds:** No

## About

Founded in 2005, ILHABELAPREV — officially the Instituto de Previdência dos Servidores Públicos do Município de Ilhabela — manages retirement assets for the career civil servants of this São Paulo coastal municipality. The institute's mandate originates from Brazil's constitutional reform era, when states and municipalities were pushed to capitalize their own pension funds. Three named fiduciaries anchor the governance: Director-President Neilde Maria dos Santos Salomão, Finance Director Maurício Barbosa, and Ana Maria Nogueira Gonçalves Silvério, who chairs the Administrative Council. The fund allocates across the narrow universe permitted to Brazilian public plans: federal government bonds dominate liquidity needs, while authorized diversifications include equities, real estate, infrastructure, and select private credit instruments. ILHABELAPREV holds a physical headquarters at Rua Joaquim Sampaio de Oliveira in the Perequê district and participates actively in industry bodies — it is a recognized member of ABIPEM (Associação Brasileira de Instituições de Previdência Estaduais e Municipais) and APEPREM (Associação Paulista de Entidades de Previdência do Estado e dos Municípios), the regional São Paulo pension association. With roughly $100M in total assets (Altss estimate), the plan is calibrated to cover municipal payrolls rather than chase venture-scale returns. The fund's scale aligns with the mid-tier of Brazil's RPPS landscape, where thousands of small municipal plans collectively oversee significant national savings but operate with thin professional staff. September 2023: ILHABELAPREV received an award from ABIPEM for its compliance and management practices, underscoring its standing within the municipal pension community. The structural differentiator is regulatory geography — ILHABELAPREV operates under the RPPS regime rather than the federal RGPS system, granting the city of Ilhabela direct fiduciary control over its pension pool. Succession is tied to municipal political cycles, as the sponsoring entity — the Municipality of Ilhabela — appoints key governance roles, making the plan's independence a function of local administrative continuity.

## Sectors

- Fixed Income
- Public Equities
- Real Estate
- Infrastructure
- Private Credit

## People

- Neilde Maria dos Santos Salomão — Director-President
- Maurício Barbosa — Director of Finance and Administration
- Ana Maria Nogueira Gonçalves Silvério — President of the Administrative Council

## Questions

### Who runs investment decisions at ILHABELAPREV?

Investment policy is governed by a three-person administrative core: Neilde Maria dos Santos Salomão (Director-President), Maurício Barbosa (Director of Finance and Resource Manager), and Ana Maria Nogueira Gonçalves Silvério, who chairs the Administrative Council. The structure reflects Brazil's RPPS governance model, where elected or appointed municipal representatives oversee allocation. External managers execute on sub-mandates within the investment policy guidelines.

### How is ILHABELAPREV related to the municipality of Ilhabela?

The municipality is the sponsoring entity and primary contributor, responsible for funding the pension obligations of its civil servants through ILHABELAPREV. Governance remains municipal: the city appoints the institute's leadership. This creates a direct structural dependency on local political cycles, a characteristic shared broadly by Brazil's 2,000-plus RPPS plans.

### What industry associations is ILHABELAPREV affiliated with?

ILHABELAPREV is an active member of ABIPEM, the national association representing Brazil's state and municipal pension institutes, and APEPREM, the São Paulo state-level equivalent. ABIPEM awarded the fund recognition in September 2023 for management standards, which serves as a soft compliance signal for allocators evaluating counterparty governance.

## Related profiles

- [Katherine Mabis McKenna Foundation](https://altss.com/profile/katherine-mabis-mckenna-foundation-inc)
- [Duquesne Family Office LLC Profit Sharing Plan](https://altss.com/profile/duquesne-family-office-llc-profit-sharing-plan)

---

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

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

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