Multi-Family Office

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ORIZ

Carlos Kawall established ORIZ to deliver investment management and wealth-structuring services to multiple Brazilian families. The firm maintains no public...

ORIZ logo

ORIZ

Carlos Kawall established ORIZ to deliver investment management and wealth-structuring services to multiple Brazilian families. The firm maintains no public website and discloses limited operational detail beyond its Sao Paulo headquarters. ORIZ deploys capital across public equities, private equity, private credit, real estate and infrastructure. It participates in direct co-investments, SPVs, fund-of-funds and distressed situations. Confirmed holdings include the ORCE11 real-estate investment trust, the Tishman Speyer Jardins FII, the Invisto US Real Estate Partnership and the FIAGRO Oriz Raiz vehicle. The portfolio spans South America, North America, Europe, Asia and Oceania. The firm lists 1.9B USD under management according to internal records. Three named partners oversee investment strategy, wealth management and overall operations. In August 2022 XP Inc. acquired a minority stake. ORIZ also belongs to ABVCAP and ANBIMA. The multi-family structure allows ORIZ to maintain separate mandates while sharing research and execution resources across client accounts. Governance remains concentrated with the three partners rather than a larger investment committee.

General information

Firm type

Multi Family Office

Year founded

2022

AUM

1.9B (Altss estimate)

Location

Region

South America

Country

Brazil

City

Sao Paulo

Corporate office

Sao Paulo, Brazil

Principals

Carlos Kawall

CEO

Paulo Minari

Head of Investment Strategy

Fabio Lellis

Head of Wealth Management

Sector focus

ClimateTechEnergy Transition & RenewablesFinTechReal EstatePrivate EquityPrivate Credit

Frequently asked questions

Who runs investment decisions at ORIZ?

Carlos Kawall serves as CEO. Paulo Minari leads investment strategy and Fabio Lellis leads wealth management. All three are listed as business partners in the firm's operating record.

Does ORIZ participate in fund commitments or only direct deals?

The firm uses both approaches. It commits to external funds and also executes direct co-investments and SPVs.

What investment stages does ORIZ target?

ORIZ covers buyout, early-stage and growth opportunities according to its internal classification.

Which geographies does ORIZ cover?

The firm invests in South America, North America, Europe, Asia and Oceania.

How is ORIZ related to XP Inc.?

XP Inc. acquired a minority stake in ORIZ in August 2022.

What asset classes appear in the ORIZ portfolio?

Holdings include listed real-estate funds such as ORCE11, the Tishman Speyer Jardins FII, a US mixed-use partnership and a judicial-assets portfolio in Brazil.

Does ORIZ maintain philanthropic structures?

The firm lists support for Caravanas do Sertão and Liga do Bem, though the separation between investment and philanthropic vehicles is not detailed in available records.

Profile maintained by using OSINT (open-source intelligence), regulatory filings, licensed data partners, and verified direct submissions. Read the methodology. Last updated: . Continuous refresh with full update cycles at least every 30 days.

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