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JGP Wealth Management
JGP Wealth Management was established in 2007 by André Jakurski, a prominent figure in Brazilian finance who previously co-founded Banco Pactual's proprietary...
JGP Wealth Management
JGP Wealth Management was established in 2007 by André Jakurski, a prominent figure in Brazilian finance who previously co-founded Banco Pactual's proprietary trading desk. The firm emerged from Jakurski's existing asset management business, JGP Gestão de Recursos, to serve the wealth structuring and advisory needs of ultra-high-net-worth individuals and families across Brazil. The firm allocates client capital across a blend of asset classes anchored by its own JGP-branded hedge fund strategies, which focus on macro, equities, and multi-market arbitrage. Beyond liquid strategies, the wealth management division facilitates direct co-investments and fund commitments in private equity, real estate, and private credit — predominantly within Brazil but with increasing exposure to North American and European managers. Confirmed allocations span local real estate projects, distressed credit vehicles, and select global venture capital funds. JGP operates from offices in Rio de Janeiro and São Paulo, with a team drawn largely from Brazilian investment banking and asset management ranks. While total assets under advisory are not publicly disclosed, JGP Gestão de Recursos has historically ranked among Brazil's largest independent asset managers. The wealth management arm leverages this institutional-grade infrastructure to give families access to trading capabilities and manager due diligence typically reserved for large pension funds. In recent years the firm has expanded its advisory services to include family governance and next-generation education programs. The firm's structural differentiator is its dual identity as both product manufacturer and independent wealth advisor. Unlike most Brazilian private banks, JGP aligns client portfolios with the same proprietary investment strategies used by the founding partners themselves — creating a direct overlap of interest between the desk and the families it serves. The firm remains privately held and tightly managed by its founding partners.
General information
Firm type
Multi Family Office
Year founded
2007
AUM
Undisclosed
Location
Region
Latin America
Country
Brazil
City
Rio de Janeiro
Corporate office
Rio de Janeiro, Brazil
Additional offices
Sao Paulo, Brazil
Principals
André Jakurski
Founder
Paulo Kfouri
CEO
Sector focus
Frequently asked questions
Who makes investment decisions at JGP Wealth Management?
Founder André Jakurski and CEO Paulo Kfouri lead the firm's investment strategy. Jakurski established JGP's asset management unit in 1998 and carries a track record through Brazil's sovereign debt crises. Portfolio decisions draw on a dedicated investment committee with direct access to traders and analysts from the underlying fund management business.
Is JGP Wealth Management independent or tied to a bank?
JGP Wealth Management operates independently of any bank. It was founded as a spinout from JGP Gestão de Recursos, the asset manager André Jakurski launched with former Banco Pactual colleagues after that bank's acquisition by UBS in 2006. The firm has no distribution ties to large Brazilian retail banks.
What is the minimum client size at JGP Wealth?
The firm typically serves clients with at least USD 25 million in investable assets. This threshold positions JGP among the higher-end multi-family offices in Brazil and deliberately excludes the mass-affluent segment served by large private banks.
Does JGP manage its own funds or only advise on external products?
JGP manages its own hedge fund families as the primary engine of client portfolios. The wealth management division also constructs portfolios using external alternatives funds, direct co-investments, and real estate — but the anchor allocations typically flow through JGP's in-house macro, equity, and multi-strategy vehicles.
What is JGP's relationship with JGP Gestão de Recursos?
JGP Gestão de Recursos is the parent asset management firm founded in 1998. JGP Wealth Management was carved out in 2007 as a dedicated advisory arm for families. The two entities share investment infrastructure, research, and the same founding partners but operate as separate legal structures with distinct client service teams.
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