Pension Fund

Updated:

MesquitaPrev

MesquitaPrev was established in 1999 as the Regime Próprio de Previdência Social (RPPS) for the municipality of Mesquita, Rio de Janeiro, and operates under...

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MesquitaPrev

MesquitaPrev was established in 1999 as the Regime Próprio de Previdência Social (RPPS) for the municipality of Mesquita, Rio de Janeiro, and operates under the presidency of Cátia da Silva Ferraz alongside the oversight of Mayor Jorge Lúcio Ferreira de Miranda. The institute manages the contributory pension system for active, inactive, and retired municipal employees and their dependents. The fund's investment portfolio reflects a mix of direct real estate assets and local fund commitments. Directly held properties include commercial real estate and land parcels within the municipality, while fund positions include the Macam Shopping FII (BLUE11), a Brazilian mall-focused real estate investment trust, and the Brazilian Graveyard and Death Care Services FII. It also allocates to a broader investment fund portfolio through vehicles such as Leme Fundo de Investimento em Cotas. The geographic focus remains concentrated within Brazil. The investment committee directs asset allocation, with members including Vanessa Dias Quirino, Levy Silva de Oliveira, and Wilker Alves de Lima. Governance is structured through a fiscal council, led by Jorge Antonio Müssnich dos Santos, and a deliberative council under Eduardo Ferreira de Lima. The fund maintains active participation in municipal pension associations, including the Associação das Entidades de Previdência dos Municípios do Estado do Rio de Janeiro (AEPREMERJ). MesquitaPrev functions as a sub-sovereign regulatory entity rather than a market-driven allocator — its mandate is shaped by the investment resolution (Resolução CMN) that governs Brazilian RPPS portfolios, constraining risk-taking to capital preservation and liquidity for benefit payments.

General information

Firm type

Pension Fund

Year founded

1999

Location

Region

South America

Country

Brazil

City

Mesquita

Corporate office

Mesquita, RJ, Brazil

Principals

Cátia da Silva Ferraz

President

Jorge Antonio Müssnich dos Santos

President of the Fiscal Council

Eduardo Ferreira de Lima

President of the Deliberative/Administration Council

Jorge Lúcio Ferreira de Miranda

Mayor of Mesquita

Vanessa Dias Quirino

Member of the Investment Committee

Levy Silva de Oliveira

Member of the Investment Committee

Wilker Alves de Lima

Member of the Investment Committee

Sector focus

Real EstateInfrastructure

Frequently asked questions

How is the investment portfolio structured for a Brazilian RPPS like MesquitaPrev?

The portfolio includes direct ownership of local commercial and land properties, alongside allocations to Brazilian real estate investment trusts — such as Macam Shopping FII (BLUE11) and the Brazilian Graveyard and Death Care Services FII — and a broader investment fund portfolio through vehicles like Leme Fundo de Investimento em Cotas. Allocations are shaped by the investment resolution (Resolução CMN) governing RPPS funds, which prioritizes liquidity and capital preservation to meet ongoing benefit obligations.

Who governs the asset-allocation decisions at MesquitaPrev?

Cátia da Silva Ferraz serves as president, overseeing the institute through a fiscal council led by Jorge Antonio Müssnich dos Santos and a deliberative council under Eduardo Ferreira de Lima. The investment committee includes Vanessa Dias Quirino, Levy Silva de Oliveira, and Wilker Alves de Lima, who collectively guide allocations across real estate, fixed income, and fund-of-fund structures.

What role do industry associations play in MesquitaPrev's operations?

MesquitaPrev maintains active participation in AEPREMERJ, the association of municipal pension entities for the state of Rio de Janeiro, and has leadership ties to ABIPEM and ANBIMA — networks that shape regulatory dialogue and share portfolio-management practices among Brazilian RPPS funds.

Is MesquitaPrev permitted to invest outside Brazil?

Current disclosed holdings — including Macam Shopping FII, Brazilian Graveyard and Death Care Services FII, and direct municipal real estate — indicate a fully domestic allocation, consistent with the conservative liquidity and familiarity requirements typical of a sub-sovereign RPPS under Brazilian regulation.

How does the mayor's office relate to MesquitaPrev?

Mayor Jorge Lúcio Ferreira de Miranda is a named principal, reflecting the statutory connection between the municipality's executive leadership and the pension institute that administers benefits for its civil servants — a governance model common among Brazilian RPPS entities.

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