Pension Fund

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IPREVCA

Founded in 2000, IPREVCA operates as the social-security autarchy for civil servants of Casimiro de Abreu, Rio de Janeiro. President Alessandra Silva Batista...

IPREVCA logo

IPREVCA

Founded in 2000, IPREVCA operates as the social-security autarchy for civil servants of Casimiro de Abreu, Rio de Janeiro. President Alessandra Silva Batista and Investment Committee President Cibele Roberta Cerqueira Ramos oversee the entity, which reports to the municipal prefecture. The fund holds Pró-Gestão RPPS Nível II certification, signaling baseline institutional governance standards. The institute splits its assets between two vehicles: Fundo Previdenciário Capitalizado (FPC) and Fundo Financeiro Previdenciário (FFP). Its known holdings concentrate on Brazilian real estate, including commercial offices in Casimiro de Abreu and Cabo Frio, plus undeveloped land parcels in the Novo Portinho subdivision. A total-portfolio deployment breakdown across public equities, fixed income, or alternative funds is not publicly disclosed. IPREVCA maintains additional support operations in Barra de São João and previously hosted IBASCAF, the association of Cabo Frio-area pension funds, at its Cabo Frio property. Maiara Porto Souza assumed the presidency in October 2025. The fund is registered in the CADPREV national RPPS information system. IPREVCA's structural distinction lies in its direct property portfolio and its role as a physical hub for neighboring municipal pension systems through IBASCAF. Few RPPS entities of this scale own and manage dedicated commercial and land assets outside of third-party fund structures, giving it an unusually tangible, locally concentrated asset base.

General information

Firm type

Pension Fund

Year founded

2000

Location

Region

South America

Country

Brazil

City

Casimiro de Abreu

Corporate office

Rua Nilo Peçanha, 29, Centro, Casimiro de Abreu, RJ, 28860-000, Brazil

Additional offices

Barra de São João, RJ, Brazil

Principals

Alessandra Silva Batista

Director President

Cibele Roberta Cerqueira Ramos

President of the Investment Committee and Director of Internal Control

Sector focus

Real Estate

Frequently asked questions

Who runs investment decisions at IPREVCA?

The President of the Investment Committee, Cibele Roberta Cerqueira Ramos, chairs the decision-making body. She concurrently serves as Director of Internal Control. The Director President, Alessandra Silva Batista, holds overall executive authority. These roles function under the oversight of the Casimiro de Abreu municipal government.

What does IPREVCA's portfolio consist of?

IPREVCA splits its assets between a capitalized fund (FPC) and a financial fund (FFP). The only publicly identifiable holdings are direct commercial properties and land parcels in Rio de Janeiro state. An allocation to liquid instruments certainly exists, but the fund does not publish a breakdown of public equity, fixed-income, or alternative fund commitments.

How is IPREVCA related to the Municipality of Cabo Frio?

Despite some property holdings and historical IBASCAF activity in Cabo Frio, IPREVCA is the pension autarchy for the neighboring Municipality of Casimiro de Abreu. The Cabo Frio connection arises from shared regional pension-association infrastructure, not from a direct sponsorship overlap.

Does IPREVCA invest outside Brazil?

There is no public record of IPREVCA making offshore investments. All known assets — including its commercial offices and land — sit within Rio de Janeiro state. As a small municipal RPPS, its mandate is almost certainly confined to domestic Brazilian instruments.

What governance certifications does IPREVCA hold?

IPREVCA is certified at Pró-Gestão RPPS Nível II. This signifies the fund meets a defined set of organizational, actuarial, and investment-governance standards set by Brazil's national pension oversight framework. It is also registered in the CADPREV information system.

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